One analyst has a price target on Strategy that would require the stock to do something most investors would consider almost impossible right now, and his reasoning is harder to dismiss than it sounds.
In the latest trading session, Coinbase Global, Inc. (COIN) closed at $184.64, marking a -4.18% move from the previous day.
Stablecoin regulation is driving a sharp rerating in Circle Internet stock this morning, as a policy push in Washington outweighs the news of a bank-led rival coin.
Coinbase commands its highest-ever share of global crypto trading volume yet trades 51% below its 52-week peak, and the timeline for reclaiming $250 depends on a specific chain of events that most Wall Street analysts are quietly ignoring.
Coinbase has surged nearly 30% off its post-earnings low, yet the very forces that drove it higher have already started to fade.
Coinbase tests its 200-day average after a double-bottom breakout. A move above $193.81 could confirm COIN's long-term base and target $239.60.
The crypto-equity complex delivered a striking dispersion over the past month, with Bitcoin-adjacent names capturing wildly different shares of the same underlying rally.
Coinbase taps Chainlink to supply pricing data for tokenized stocks on Base, connecting traditional securities with onchain finance.
US markets face a key inflation test on Wednesday as investors wait for July's personal consumption expenditures report, which could reset expectations for interest rates and Treasury yields. The Bureau of Economic Analysis releases the data at 8:30 AM ET.
Coinbase CEO Brian Armstrong warned that tech founders are fleeing California over the state's proposed first-of-its-kind billionaire tax – and hinted his firm might be next in line.
Bitcoin briefly surged past $80,000 in early trading Tuesday, extending gains from a cryptocurrency rally last week amid renewed investor appetite for riskier assets.
Coinbase Global (COIN) has experienced significant volatility, with a 52-week range from $139 to $402 and a 38% decline over the past year. Despite challenges, COIN has outperformed the benchmark recently, rising 7% since my last coverage versus the benchmark's 2%. I see multiple favorable catalysts forming, and believe headwinds are likely priced in, making COIN's valuation attractive if growth materializes.