Coinbase cuts headcount by 14% citing AI acceleration. The shares are gaining

Coinbase will cut roughly 14% of its workforce, citing a combination of market volatility and the how AI is quickly changing how the company operates.

Coinbase is laying off 14% of staff, citing AI. Read the letter from its CEO.

In a Tuesday X post, CEO Brian Armstrong said the cuts were to "be leaner, faster, and more efficient for our next phase of growth."
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Coinbase taps Centrifuge as preferred tokenization backbone, takes equity stake

The partnership includes a strategic investment by Coinbase and is focused on expanding tokenized ETFs, credit, and structured products.

Coinbase Has 26% Upside to Price Targets After 57% Selloff

Coinbase (NASDAQ:COIN) stock currently trades around $191, while Wall Street’s average price target sits at $241. That implies an upside of roughly 26% from the current stock price to where analysts think the stock should be trading.

Tiny teams, no 'pure managers,' and AI: Coinbase's memo has all the classic ingredients of a 2026 layoff letter

"Over the past year, I've watched engineers use AI to ship in days what used to take a team weeks," Coinbase CEO Brian Armstrong wrote.

Coinbase stock, strategy gain. It’s not just rising bitcoin lifting crypto companies.

Coinbase stock, Strategy, Robinhood and other companies exposed to cryptocurrency were rising Monday.

Circle, Coinbase surge after lawmakers unveil revised stablecoin rule

Investors are digesting long-awaited stablecoin yield text that’s held up the crypto industry’s key bill in Congress.