Coinbase Global, Inc. (COIN)
Coinbase: Get In Now To Ride The Megatrend Of Stablecoin Adoption
The GENIUS Stablecoins Act could drive a 8x surge in USDC market cap, positioning Coinbase for outsized growth in its stablecoins revenue stream. Coinbase's Deribit acquisition is attractively valued and expands TAM into the much larger crypto derivatives market, boosting transaction volumes and profitability. Declining stock-based compensation and the business model's strong operating leverage set the stage for significant margin expansion as the business scales.
Wall Street Is Missing Coinbase's Leverage To The Next Supercycle (Rating Upgrade)
Coinbase's stablecoin revenue has grown considerably in recent years. With institutional adoption on the horizon, the stock has considerable exposure to a new kind of institutional investment cycle, one focused on crypto's payment rails. Trading at only 18x Adjusted EBITDA, (as a run-rate) we think the stock appears quite reasonably priced.
Coinbase: Powering Ahead Due To Stablecoin
Coinbase is well-positioned in the massive stablecoin opportunity, with regulatory clarity unlocking significant growth potential. USDC, co-founded by Coinbase and Circle, is poised to benefit from stablecoin market expansion to $3-4 trillion by 2030. The crypto exchange should beat Q2 estimates due to higher crypto prices, led by bitcoin topping $100K again.
Coinbase Rides on Higher Trading Volume for Long-Term Growth
COIN banks on crypto trading volume surge for long-term growth, despite valuation concerns.
Coinbase secures EU crypto license, swaps Ireland for Luxembourg as main hub
Coinbase has obtained a Markets in Crypto Assets (MiCA) license from Luxembourg's Commission de Surveillance du Secteur Financier (CSSF). MiCA is a sweeping regulation that aims to create a harmonized legal framework for crypto across all 27 EU member states.
Coinbase Brings Stablecoins to eCommerce With Coinbase Payments
Coinbase has launched a stablecoin payments stack developed for eCommerce platforms. [contact-form-7] Coinbase Payments, announced Wednesday (June 18) and already live with Shopify, is designed to help payment service providers (PSPs), marketplaces and eCommerce infrastructure providers to bring stablecoin payments to market more quickly.
Coinbase Stock Pops as Senate Passes GENIUS Stablecoin Bill
Exciting news just rose to the forefront for cryptocurrency stock Coinbase Global NASDAQ: COIN. On June 18, shares of Coinbase surged 16%.
S&P 500 Gains and Losses Today: Coinbase Stock Surges, Credit-Card Shares Retreat
Major U.S. equities indexes finished Wednesday little changed as the Federal Reserve announced that it would keep interest rates at current levels.
Coinbase Global, Inc. (COIN) Suffers a Larger Drop Than the General Market: Key Insights
Coinbase Global, Inc. (COIN) concluded the recent trading session at $253.85, signifying a -2.95% move from its prior day's close.
Coinbase seeking SEC approval to offer tokenized equities to US investors
Coinbase Global Inc (NASDAQ:COIN) is seeking approval from the United States Securities and Exchange Commission (SEC) to offer tokenized stock trading to the crypto exchange's US users. In an interview with Reuters, Coinbase's chief legal officer Paul Grewal said that the company wishes to offer “tokenized equities,” equities represented by digital tokens.
Coinbase Global, Inc. (COIN) is Attracting Investor Attention: Here is What You Should Know
Coinbase Global (COIN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Will Coinbase's Subscription & Services Revenues Fuel its Top Line?
COIN expands subscription and services revenues, aiming for stability as trading income remains volatile.
