Coinbase Global Inc. ($COIN) Stock Forecast: Up 5.4% Today

What is Coinbase Global Inc.?

Coinbase Global (NASDAQ: COIN) operates as a prominent cryptocurrency exchange platform where users can trade various digital assets. The cryptocurrency market is characterized by volatility, with Bitcoin considered a valuable asset similar to traditional investments such as gold.

Why is Coinbase Global Inc. going up?

COIN stock is up 5.4% on Apr 25, 2025 13:47

• Strengthening its partnership with PayPal to enhance access and usage of PYUSD might have bolstered investor confidence in COIN.
• Removing stablecoin fees in competition with Circle's payment network, challenging PayPal, could have shown Coinbase's assertive approach in the payment sector.
• Reports of sovereign wealth funds investing in Bitcoin while individual traders leave the market could underscore the rising institutional interest in cryptocurrencies, potentially benefiting Coinbase.
• US exchanges, including Coinbase, showing substantial interest in crypto derivatives amid market uncertainties, might indicate a strategic move by Coinbase to meet the growing demand for financial instruments in the cryptocurrency sphere.

COIN Price Chart

COIN Technical Analysis

COIN News

What's Going On With Coinbase And PayPal Stock On Thursday? - PayPal Holdings ( NASDAQ:PYPL ) , Coinbase Global ( NASDAQ:COIN )

Coinbase deepens PayPal partnership to drive PYUSD access and adoption. Bitcoin now viewed as a strategic asset alongside gold, says Coinbase exec. Today's manic market swings are creating the perfect setup for Matt's next volatility trade. Get his next trade alert for free, right here.

https://www.benzinga.com/trading-ideas/movers/25/04/44991653/whats-going-on-with-coinbase-and-paypal-stock-on-thursday

Coinbase ends PayPal stablecoin fee as payment race heats up

The move comes two days after Circle, a stablecoin partner of Coinbase, debuted a payment network challenging PayPal's remittance business.

https://www.cnbc.com/2025/04/24/coinbase-ends-fee-on-paypal-usd-purchases-as-stablecoin-race-heats-up.html

Sovereign wealth funds piling into BTC as retail exits - Coinbase exec

Sovereign wealth funds and other institutions were accumulating Bitcoin ( BTC ) during April 2025, while retail traders were exiting the markets via exchange-traded funds ( ETFs ) and spot markets, according to John D'Agostino, the head of strategy at Coinbase Institutional.During a recent ...

https://cointelegraph.com/news/sovereign-wealth-funds-piling-btc-retail-exits-coinbase-exec

US exchanges bet big on crypto derivatives amid tariff turbulence

United States exchanges are betting big on cryptocurrency derivatives as market turbulence from US President Donald Trump's looming trade war propels demand for the financial instruments. Since late 2024, exchanges including Coinbase, Robinhood, Kraken, and the Chicago Mercantile Exchange ( CME ) ...

https://cointelegraph.com/news/us-crypto-exchanges-bet-big-on-derivatives-amid-tariff-turbulence

Alabama drops staking lawsuit against Coinbase

The Alabama Securities Commission, a financial regulator for the US state, dropped its lawsuit against crypto exchange Coinbase, which accused the company of violating securities laws by offering staking services to clients.The regulator cited the ongoing work between the US Securities and ...

https://cointelegraph.com/news/alabama-drops-staking-lawsuit-against-coinbase

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Coinbase Global Inc. Price History

24.03.2025 - COIN Stock was up 5.1%

• Ending fees on PayPal stablecoin transactions and launching a payment network to rival PayPal may have strengthened investor confidence in COIN's future, prompting higher buying interest.
• Reports of sovereign wealth funds purchasing Bitcoin through Coinbase Institutional could have indicated growing institutional adoption of cryptocurrencies, leading to greater demand for COIN shares.
• Emphasis on US exchanges, like Coinbase, expanding into crypto derivatives during market volatility could have highlighted Coinbase's risk management and diversification efforts, attracting more investors.
• The settlement of a staking lawsuit with the Alabama Securities Commission likely eliminated a legal uncertainty for Coinbase, generating positive market sentiment for COIN's stock.

09.03.2025 - COIN Stock was up 18.4%

• A timely purchase of Coinbase shares by a major investment firm before the stock surge may have influenced the bullish movement.
• An announcement by a significant financial institution choosing Anchorage Digital as a custodian for Bitcoin and Ethereum ETFs might have had a positive impact on the sentiment towards cryptocurrencies, benefiting Coinbase.
• Despite some bearish options trading on Coinbase, the overall market sentiment, supported by strategic investments and positive industry developments, drove COIN's bullish movement today.

09.03.2025 - COIN Stock was down 5.1%

• Significant trading activities by Cathie Wood's Ark Invest related to COIN may have affected market sentiment towards the company.
• The bearish movement in COIN's stock could be linked to reactions to recent trade tariffs, with ARK Invest adjusting their positions in Bitcoin ETF and Coinbase.
• Increased bearish trades in COIN's options market likely contributed to the stock's decline.
• Market sentiment towards COIN might have been influenced by broader market trends and investor attitudes towards cryptocurrencies and related stocks.

22.03.2025 - COIN Stock was up 11.1%

• COIN has declined by 30% year-to-date but saw a notable bullish movement recently.
• Speculation about Coinbase seeking a US bank license potentially increased investor optimism in the company's prospects.
• Legal challenges involving XRP's status as an unregistered security initially impacted COIN's stock but may have been overshadowed by recent positive news.
• The growing collaboration between cryptocurrency companies and traditional finance sectors might have positively impacted investor confidence in COIN, particularly due to the potential for expanded investment options.

22.03.2025 - COIN Stock was up 5.6%

• The bullish movement in COIN stock can be attributed to several factors:
• Coinbase's consideration of applying for a US bank license indicates a strategic move towards expanding its financial services, which could attract more investors.
• The lawsuit against Coinbase by the Oregon Attorney General regarding XRP being an unregistered security may have caused some uncertainty, but the overall market sentiment seems to have shrugged off this news.
• The listing of RSR token, advised by SEC Chair Paul Atkins, on Coinbase leading to a surge in its price could have positively impacted investor confidence in Coinbase's listing decisions.
• The increasing synergy between crypto firms and Wall Street may have boosted investor optimism about Coinbase's future growth potential in the traditional finance space.

25.03.2025 - COIN Stock was up 5.4%

• Strengthening its partnership with PayPal to enhance access and usage of PYUSD might have bolstered investor confidence in COIN.
• Removing stablecoin fees in competition with Circle's payment network, challenging PayPal, could have shown Coinbase's assertive approach in the payment sector.
• Reports of sovereign wealth funds investing in Bitcoin while individual traders leave the market could underscore the rising institutional interest in cryptocurrencies, potentially benefiting Coinbase.
• US exchanges, including Coinbase, showing substantial interest in crypto derivatives amid market uncertainties, might indicate a strategic move by Coinbase to meet the growing demand for financial instruments in the cryptocurrency sphere.

11.03.2025 - COIN Stock was up 5.8%

• Significant trades involving Coinbase (COIN) shares were made, indicating a bullish sentiment towards the stock.
• A well-timed bet on Coinbase before the stock surge showcases confidence in the company's growth potential.
• Positive market movement for COIN could be attributed to strategic positioning and bullish bets on the stock.
• The bullish movement in COIN today may have been influenced by continued interest and investments in the company, reflecting positive market sentiment towards Coinbase.

08.03.2025 - COIN Stock was up 6.0%

• ARK Invest, led by Cathie Wood, has been actively trading Coinbase shares, acquiring a significant amount, which could indicate confidence in the company's future prospects.
• Despite some bearish moves in the options market, with a higher percentage of traders showing bearish tendencies, institutional moves and oversold signals suggest a potential reversal in COIN's stock price.
• The news of Illinois ending its lawsuit against Coinbase over a staking program could have positively impacted investor sentiment, contributing to the bullish movement in COIN's stock.
• The mention of a potential XRP futures launch as a comeback catalyst for Coinbase, despite the stock forming a Death Cross, adds an element of uncertainty and anticipation in the market, which could have further fueled the bullish movement.

08.03.2025 - COIN Stock was down 5.1%

• BlackRock choosing Anchorage Digital as a custodian for Bitcoin and Ethereum ETFs may have diverted attention away from Coinbase, impacting its stock negatively.
• ARK Invest's mixed reaction to trade tariffs, unloading Bitcoin ETF shares while increasing its position in Coinbase, could have caused uncertainty among investors, leading to a bearish trend for COIN.
• The bearish options trading activity on Coinbase Global, with a higher percentage of traders showing bearish tendencies, likely contributed to the downward pressure on COIN stock.
• The formation of a Death Cross on Coinbase stock, despite potential oversold signals and institutional moves, might have triggered selling pressure, exacerbated by concerns about the stock trading below key moving averages.

07.03.2025 - COIN Stock was up 8.0%

• The ongoing options frenzy on Coinbase Global with both bullish and bearish trades reflects market uncertainty and volatility, potentially influencing the stock price.
• Recent actions by Cathie Wood's Ark Invest to increase their holdings of Coinbase shares indicate a strong belief in the company's future, possibly contributing to the positive market movement.
• Despite technical signals like the formation of a Death Cross and oversold indicators, as well as anticipation around XRP futures launch, investors showed optimism, leading to COIN's upward trajectory.
• The resolution of Illinois' lawsuit against Coinbase related to a staking program could have boosted investor confidence in the company, positively impacting its stock performance.

07.03.2025 - COIN Stock was up 6.9%

• Significant trades made by Ark Invest involving Coinbase and Amazon may have boosted investor confidence in COIN stock.
• The formation of a Death Cross for Coinbase stock could have initially caused some concern among investors, but oversold signals and potential institutional moves hint at a possible reversal in the stock's performance.
• Illinois ending its lawsuit against Coinbase over a staking program could have alleviated regulatory concerns surrounding the company, leading to a positive sentiment among investors.
• The overall positive performance of cryptocurrency listings on centralized exchanges, outperforming traditional stock listings, may have contributed to the bullish movement in COIN stock as the crypto market gains traction.

04.03.2025 - COIN Stock was down 8.2%

• A Death Cross formation in Coinbase stock, along with trading below crucial moving averages, led to the decline.
• The conclusion of a legal dispute in Illinois related to Coinbase's staking program possibly eased some concerns. However, the overall market sentiment remained pessimistic.
• The outperformance of CEX listings in comparison to traditional stocks may have diverted investor attention from COIN.
• The recent rise in Bitcoin's price and a potential breakout from a 10-week bearish trend may have caused a shift in focus from COIN to the broader cryptocurrency market, adversely affecting its performance.