Coinbase Global, Inc. Stock News

Coinbase remains a strong buy due to resilient fundamentals, diversified revenue, and robust growth in subscriptions and services, even amid crypto market volatility. The GENIUS Act is a major catalyst, providing regulatory clarity for stablecoins, unlocking institutional and corporate adoption, and expanding Coinbase's total addressable market. Despite high valuation premiums, I believe Coinba...

The stablecoin business is hot, but Circle (CRCL -10.79%) may not be the best way to invest in the market. In this video, Travis Hoium explains why Coinbase (COIN 3.06%) makes more money off the USDC token than Circle does.

Thanks to the new stablecoin legislation, Coinbase now earns high-margin, recurring revenue from digital dollars—and it's just getting started. It's not just trading anymore: Coinbase is moving into payments, credit cards, custody, staking, and even tokenized stock trading. With regulation as its moat, Coinbase is building the financial infrastructure of the future—right under Wall Street's nose.

Coinbase shares jumped on Wednesday after brokerage Bernstein raised its price target on the stock to $510, the highest among Wall Street analysts, pointing to the company's unmatched breadth across trading, custody, stablecoins, and blockchain infrastructure. The shares were up by 5.8% at $365, the highest since 2021, after rising 12% in the previous session.

Coinbase stock price rose to a crucial resistance level as the crypto market bounced back after the ceasefire between Israel and Iran. It jumped to the psychological point at $350, its highest level on December 2, and 145% above the lowest point this year.

Coinbase got a massive price target hike as the cryptocurrency exchange capitalizes on "multiple growth levers."

Since going public earlier this month, shares of Circle Internet Group (CRCL -14.49%) have rocketed by more than 600% (as of June 24). While initial public offerings (IPOs) tend to fetch outsize attention, I'll admit that Circle's parabolic rise is unusual.

If you're investing in tech stocks, you probably already know a lot about the heavy hitters in the space. Companies like Apple, Microsoft, Nvidia, Amazon, Alphabet, and Meta Platforms each have market capitalizations of more than $1 trillion, and tend to dominate their markets and investors' attention.