Coinbase Readies For Earnings. Bitcoin, Miners Jump On AI Trade.
Unusual Whales
Coinbase's stock is making efforts to recover as it prepares to release its second-quarter report on Thursday. Bitcoin's value has increased following news from the Federal Reserve. Mining stocks have surged due to significant investments by Big Tech companies in artificial intelligence. Coinbase is gearing up for its earnings announcement, prompting a rise in both Bitcoin and miner stocks.