Coinbase Global Inc. ($COIN) Stock Forecast: Up 18.4% Today

What is Coinbase Global Inc.?

COIN, listed on the NASDAQ, is the stock of Coinbase Global Inc., a major player in the cryptocurrency exchange industry. Today, the stock experienced a strong bullish movement.

Why is Coinbase Global Inc. going up?

COIN stock is up 18.4% on Jun 18, 2025 18:50

• Following a stablecoin bill's clearance in the Senate, both Coinbase and Circle stocks saw a surge, reflecting a favorable regulatory development for the cryptocurrency sector.
• Coinbase made headlines by applying for SEC approval to provide tokenized equities, showcasing its innovation and potential expansion opportunities.
• Despite receiving criticism for sponsoring a US Army parade, Coinbase's introduction of new offerings such as tokenized stocks, along with positive analyst coverage, likely contributed to the bullish market movement.
• Market observers are keeping a close eye on the potential impact of Fed rate cuts on Coinbase's revenue stream.

COIN Price Chart

COIN Technical Analysis

COIN News

Coinbase, Circle Stocks Spike Double Digits After Stablecoin Bill Clears Senate

Coinbase and Circle are soaring after a key stablecoin bill cleared the Senate-but Fed rate cuts could test their biggest revenue stream.

https://decrypt.co/325840/coinbase-circle-stocks-spike-double-digits-genius-act

Coinbase Eyes SEC Nod For Blockchain-Based Stocks- Legal Head Paul Grewal Says It's A 'Huge Priority' - Coinbase Global ( NASDAQ:COIN )

Cryptocurrency behemoth Coinbase Global Inc. COIN is seeking the SEC's approval to offer "tokenized equities" to its customers, according to a report on Tuesday. What Happened: Paul Grewal, the chief legal officer of Coinbase, said in a Reuters interview that the concept is a "huge priority" for ...

https://www.benzinga.com/crypto/cryptocurrency/25/06/45988823/coinbase-eyes-sec-nod-for-blockchain-based-stocks-legal-head-paul-grewal-says-its-a-huge-pr

Coinbase Eyes SEC Green Light for Trading of Tokenized Stocks: Reuters

Coinbase wants to offer stocks that trade on blockchains, according to an interview with the exchange's legal chief.

https://decrypt.co/325579/coinbase-eyes-sec-green-light-trading-tokenized-stocks

This Coinbase Global Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday - Artivion ( NYSE:AORT ) , 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 William Plovanic initiated coverage on Artivion, Inc.

https://www.benzinga.com/news/25/06/45972421/this-coinbase-global-analyst-begins-coverage-on-a-bullish-note-here-are-top-5-initiations-for-tuesday

Coinbase Faces Backlash Over 'Tone-Deaf' Sponsorship of US Army Parade

Some crypto users are upset at Coinbase for sponsoring Trump's U.S. Army parade, due to the firm's past statements and a belief that Bitcoin is inherently anti-war.

https://decrypt.co/325383/coinbase-faces-backlash-tone-deaf-sponsorship-us-army-parade

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Coinbase Global Inc. Price History

18.05.2025 - COIN Stock was up 6.5%

• Coinbase is seeking SEC approval to offer "tokenized equities," indicating a move towards expanding its services beyond cryptocurrencies.
• The positive analyst coverage on Coinbase suggests growing confidence in the company's future prospects.
• Despite facing backlash for sponsoring a US Army parade, the bullish market movement could be attributed to the potential expansion into blockchain-based stocks and positive analyst initiations.
• The news of Coinbase's strategic priorities and potential new offerings may have instilled confidence in investors, leading to the bullish market movement.

18.05.2025 - COIN Stock was up 18.4%

• Following a stablecoin bill's clearance in the Senate, both Coinbase and Circle stocks saw a surge, reflecting a favorable regulatory development for the cryptocurrency sector.
• Coinbase made headlines by applying for SEC approval to provide tokenized equities, showcasing its innovation and potential expansion opportunities.
• Despite receiving criticism for sponsoring a US Army parade, Coinbase's introduction of new offerings such as tokenized stocks, along with positive analyst coverage, likely contributed to the bullish market movement.
• Market observers are keeping a close eye on the potential impact of Fed rate cuts on Coinbase's revenue stream.

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.

16.05.2025 - COIN Stock was up 5.3%

• Gemini and Coinbase are expected to secure EU licenses under MiCA, possibly boosting investor confidence in COIN and signaling regulatory approval and expansion opportunities in the European market.
• The surge in trading volume of meme coin Fartcoin on Coinbase, surpassing popular coins like Dogecoin, may have drawn more traders to the platform, leading to increased activity and demand for COIN.
• An investigation by Pomerantz Law Firm on behalf of investors of Coinbase Global Inc. could have initially caused some uncertainty, but the bullish movement indicates that investors are not overly concerned about the claims.
• The stress test faced by Coinbase's S&P 500 debut, with tariff shocks and volatility impacting the rally, might have initially created some market turbulence. However, the strong bullish movement suggests that investors are optimistic about Coinbase's long-term growth potential despite short-term risks.

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.