AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Coinbase Global Ranks 36th in Trading Volume as BlackRock Moves $429 Million in Bitcoin
Generated by AI AgentAinvest Volume Radar
Monday, Jun 2, 2025 8:00 pm ET1min read
On June 2, 2025,
(COIN) saw a trading volume of $1.503 billion, ranking 36th in the day's stock market activity. The stock price of Coinbase Global (COIN) rose by 0.04%.BlackRock transferred 4,113 Bitcoin, valued at approximately $429 million, to Coinbase Prime. This significant transfer has sparked speculation and rumors about potential sales, but official data indicates no confirmed sale or change in ETF holdings, suggesting stability in BlackRock's Bitcoin holdings.
Fundstrat's Tom Lee recently predicted that the price of Bitcoin could reach as high as $3 million in the long term. Lee's prediction is based on the supply and demand imbalance, noting that 95% of Bitcoin has already been mined but only 95% of the population currently owns it. He believes that there is still significant potential for Bitcoin buyers over the next decade and that Bitcoin could eventually match the network value of gold.
Ainvest Volume Radar
Hunt down the stocks with explosive trading volume.
Latest Articles
Kraft Heinz Slides 1.02% as Stock Ranks 486th in Daily Trading Volume Amid Institutional Splits Earnings Woes and Dividend Strain Weigh on Investor Confidence
Dec.05 2025
AVAV's 3.15% Slide Amid 21% Volume Drop, 475th Rank Signal Earnings Optimism Fizzles
Dec.05 2025
Align Technology Extends Three-Day Rally with 0.24 Gain Ranks 452nd in $250M Turnover as Dental Sector Outperforms Peers
Dec.05 2025
PPG's 0.36% Rise Outpaces 448th-Ranked Volume as Analysts Boost Aerospace Growth Outlook
Dec.05 2025
Akamai's FedRAMP Certification Drives 31.33% Volume Surge to 445th Rank, but Stock Dips 3.59% on Investor Caution
Dec.05 2025
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet