Coinbase Global Inc. ($COIN) Stock Forecast: Down 5.9% Today

What is Coinbase Global Inc.?

Coinbase Global Inc. (COIN) is a leading cryptocurrency exchange platform that allows users to buy, sell, and store various digital assets.

Why is Coinbase Global Inc. going down?

COIN stock is down 5.9% on Jun 12, 2025 13:36

• Despite Fartcoin's impressive surge and positive analyst coverage, Coinbase (COIN) experienced a strong bearish movement today.
• The focus on expanding subscription and services revenues to stabilize income, amidst volatile trading revenues, may not have resonated well with investors.
• While COIN has outpaced the industry in the past three months, the ongoing investigation by Pomerantz Law Firm could have raised concerns among investors, leading to the bearish market movement.
• The competition in the cryptocurrency market, coupled with regulatory uncertainties and potential legal issues, might have contributed to the negative sentiment surrounding COIN today.

COIN Price Chart

COIN Technical Analysis

COIN News

Fartcoin Surges 40% In A Week On Coinbase Listing, Outshines Dogecoin, Shiba Inu

Fartcoin has soared 40% in the last seven days, outperforming leading meme coins Dogecoin and Shiba Inu. Traders expect further upside after Coinbase announced support for Fartcoin on the Solana network. Get the Strategy to Trade Pre-Fed Setups and Post-Fed Swings-Live With Chris Capre on ...

https://www.benzinga.com/crypto/cryptocurrency/25/06/45891099/fartcoin-surges-40-in-a-week-on-coinbase-listing-outshines-dogecoin-shiba-inu

Will Coinbase's Subscription & Services Revenues Fuel its Top Line?

COIN expands subscription and services revenues, aiming for stability as trading income remains volatile.

https://www.zacks.com/stock/news/2494777/will-coinbases-subscription-services-revenues-fuel-its-top-line

This Coinbase Global Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday - Core Natural Resources ( NYSE:CNR ) , Coinbase Global ( NASDAQ:COIN )

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Canaccord Genuity analyst Carey MacRury initiated coverage on Gold Royalty Corp.

https://www.benzinga.com/analyst-stock-ratings/initiation/25/06/45881612/this-coinbase-global-analyst-begins-coverage-on-a-bullish-note-here-are-top-5-in

COIN Outpaces Industry in 3 Months: Time to Buy the Stock?

COIN surges 33% in 3 months, outpacing peers as it expands globally, adds assets, and eyes crypto derivatives dominance.

https://www.zacks.com/stock/news/2493062/coin-outpaces-industry-in-3-months-time-to-buy-the-stock

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Coinbase Global, Inc.- COIN - Coinbase Global ( NASDAQ:COIN )

NEW YORK, June 10, 2025 ( GLOBE NEWSWIRE ) -- Pomerantz LLP is investigating claims on behalf of investors of Coinbase Global, Inc. ( "Coinbase" or the "Company" ) COIN. Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

https://www.benzinga.com/pressreleases/25/06/g45858944/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-coinbase-global-in

Trending Today

Jito ($JTO) Crypto Forecast: Up 17.6% Today

Solana ($SOL) Crypto Forecast: Up 6.8% Today

Coinbase Global Inc. Price History

14.04.2025 - COIN Stock was up 8.8%

• COIN saw a significant increase, rising more than 20 points following a notable signal from TradePulse.
• Positive analyst forecasts and sentiment surrounding COIN pointed to a potential rally of around 17% as per top Wall Street analysts.
• The uptick in COIN's stock price was part of a larger market trend of notable gains, with other stocks such as First Solar experiencing notable increases.
• Coinbase's strategic backing of a Canadian stablecoin issuer may have also influenced the optimistic market outlook for the company, showcasing a dedication to broadening access to tokenized currencies.

16.04.2025 - COIN Stock was up 7.2%

• Coinbase (COIN) experienced a strong bullish movement despite facing challenges such as a cyberattack that exposed customer data and an SEC probe into misstated user numbers.
• The market likely reacted positively due to Coinbase's proactive measures in response to the cyberattack, including firing compromised agents and offering a bounty for information on the attackers.
• Investors may have regained confidence in Coinbase's security measures and transparency, leading to the bullish movement despite the negative news surrounding the company.
• The resilience shown by Coinbase in handling the cyberattack and the SEC investigation could have reassured investors about the company's commitment to addressing challenges and maintaining trust in the platform.

16.04.2025 - COIN Stock was up 7.9%

• Coinbase's stock showed significant bullish movement despite encountering challenges, such as a cyberattack exposing customer data and an SEC investigation into misstated user numbers.
• Following the cyberattack and SEC probe, there was an initial 7% decline in the stock price, but investors swiftly regained confidence in the company's response to these issues.
• Coinbase's proactive measures, including warning of a potential $400 million impact from the cyberattack and terminating compromised agents involved in social engineering attacks, reassured investors and contributed to the positive market movement.
• The anticipation of Coinbase's inclusion in the S&P 500 index on Monday also influenced investor sentiment and contributed to the upward movement of the stock price.

15.04.2025 - COIN Stock was down 5.1%

• Today, Coinbase experienced a decline in its market performance for the following reasons:
• The dismissal of compromised personnel in India over their suspected involvement in social engineering attacks on users may have prompted concerns regarding the security protocols of the platform.
• An extortion attempt demanding $20 million in Bitcoin, which was rejected by the company, likely instigated uncertainty among stakeholders.
• While the CEO's mention of potential future acquisitions may have offered some reassurance, the overall impact was overshadowed by the recent security incident and extortion endeavor.

15.04.2025 - COIN Stock was down 5.3%

• Coinbase faced a $20 million extortion attempt, which likely raised concerns among investors about the security of customer data and the company's vulnerability to cyber threats.
• The news of Coinbase's CEO expressing interest in further acquisitions might have signaled to investors a potential increase in expenses or a shift in the company's strategic direction, leading to a negative sentiment towards the stock.
• The influx of crypto executives in Washington, DC, to support a stablecoin bill could have added regulatory uncertainty to the cryptocurrency market, impacting Coinbase's stock negatively as investors fear increased scrutiny and potential regulatory hurdles for the exchange.

15.04.2025 - COIN Stock was down 5.1%

• A security breach at Coinbase involving agents in India led to their dismissal, potentially causing worries about data security and trust in the platform.
• An attempted extortion of $20 million in Bitcoin, which Coinbase refused to pay, could have fueled negative sentiment toward the stock, shedding light on vulnerabilities and risks within the company.
• Despite grappling with these issues, Coinbase's CEO expressed interest in acquiring more entities following the recent Deribit purchase, showing a strategic growth vision. Nevertheless, the focus on security concerns might be overshadowing positive future prospects.

22.04.2025 - COIN Stock was up 5.0%

• The bullish movement in COIN stock could be attributed to Riot Platforms doubling its borrowing facility with Coinbase, indicating increased liquidity and potential growth opportunities for the company.
• The ongoing saga of the Coinbase hacker mocking blockchain investigator ZachXBT after moving a significant amount of Bitcoin may have generated interest and intrigue in the market, leading to increased trading activity and a bullish sentiment.
• The evolution of Coinbase CEO Brian Armstrong's stance on political involvement and the company's potential hiring of DOGE staff could have also contributed to the positive market movement, reflecting a shift in corporate strategy and investor perception towards Coinbase's future prospects in the cryptocurrency space.

05.05.2025 - COIN Stock was down 5.1%

• The decline in COIN's performance today might be linked to investors selling to secure profits following a recent surge in the cryptocurrency market.
• The successful entry of Circle, a stablecoin provider, on the NYSE potentially drew investor focus away from Coinbase, impacting its share price negatively.
• The potential addition of Robinhood to the S&P 500 could have redirected investor attention to different fintech firms, causing a temporary drop in COIN's stock.
• The introduction of Virtune's Coinbase 50 Index ETP on Deutsche Börse Xetra may have brought in new competitors in the cryptocurrency investment sector, prompting some investors to reassess their positions in Coinbase.

06.05.2025 - COIN Stock was up 5.3%

• Coinbase's significant price increase today could be linked to the positive mood in the cryptocurrency market, with Fartcoin surpassing tokens like Dogecoin and Shiba Inu.
• Initial concerns among investors due to the investigation by Pomerantz Law Firm were swiftly disregarded by the market, prompting the bullish trend.
• By comparing Coinbase to entities such as MicroStrategy and observing the prosperous IPO of stablecoin issuer Circle, investor assurance in Coinbase's stature within the crypto sector likely grew.
• The potential addition of Robinhood to the S&P 500 may have also influenced the optimistic market atmosphere, showcasing the expanding impact of retail investors and the prevailing positivity in the stock market.

12.05.2025 - COIN Stock was down 5.9%

• Despite Fartcoin's impressive surge and positive analyst coverage, Coinbase (COIN) experienced a strong bearish movement today.
• The focus on expanding subscription and services revenues to stabilize income, amidst volatile trading revenues, may not have resonated well with investors.
• While COIN has outpaced the industry in the past three months, the ongoing investigation by Pomerantz Law Firm could have raised concerns among investors, leading to the bearish market movement.
• The competition in the cryptocurrency market, coupled with regulatory uncertainties and potential legal issues, might have contributed to the negative sentiment surrounding COIN today.

03.05.2025 - COIN Stock was up 5.9%

• Coinbase's bullish movement today could be attributed to the positive sentiment surrounding its upcoming IPO valuation, with Circle aiming for a significant market debut.
• A data leak since January might have initially caused some concerns, but the market seems to have shrugged off these worries, focusing instead on the company's strategic timing for going public.
• The ongoing legal battle with the US government over user data privacy could have created some uncertainty, but investors seem to be optimistic about Coinbase's future prospects.
• Despite the bearish options trends reported, the overall market sentiment remains bullish, possibly driven by the anticipation of Coinbase's growth potential in the expanding crypto market.

03.05.2025 - COIN Stock was up 5.2%

• Despite the recent cybersecurity incident causing a slide in COIN's shares, the market showed a strong bullish movement today.
• The awareness of a data leak since January could have initially impacted investor confidence, but the market seems to have responded positively.
• Circle's announcement of aiming for a significant IPO valuation could have boosted overall market sentiment towards cryptocurrency-related companies, including COIN.
• The US government's push for access to Coinbase user's crypto records might have raised concerns initially, but the market seems to have shrugged off these regulatory uncertainties, focusing more on the potential growth of the sector.