Coinbase Global Inc. ($COIN) Stock Forecast: Down 5.6% Today

What is Coinbase Global Inc.?

COIN, or Coinbase Global, is a leading cryptocurrency exchange platform that went public through a direct listing on the NASDAQ in April 2021. The company offers a platform for buying, selling, and storing various cryptocurrencies.

Why is Coinbase Global Inc. going down?

COIN stock is down 5.6% on Jul 22, 2025 13:51

• Cathie Wood's ARK Invest selling off Coinbase shares to buy stakes in Ethereum-related firms like Bitmine may have signaled a lack of confidence in Coinbase's future growth prospects, contributing to the bearish movement.
• The introduction of perpetuals trading by Coinbase, following Kraken's lead, might have raised concerns among investors about increased competition and potential margin pressures in the cryptocurrency trading space, leading to the sell-off.
• The increase in Coinbase's short interest indicates growing bearish sentiment among investors, potentially driven by concerns over regulatory challenges, market volatility, or specific company performance issues.
• Overall, the combination of reduced confidence from influential investors, competitive pressures, and rising short interest likely contributed to the bearish movement in COIN's stock price today.

COIN Price Chart

COIN Technical Analysis

COIN News

Cathie Wood sells Coinbase, Roblox shares for Tom Lee's ETH firm

ARK Invest has restructured three ETFs, selling Coinbase and Roblox shares to buy 1.5% stakes in Ethereum treasury firm Bitmine across its portfolios.

https://cointelegraph.com/news/cathie-wood-sells-coinbase-roblox-shares-for-eth-treasury-firm

Coinbase Follows Kraken's Lead, Opens Perpetuals Trading for US Customers

Coinbase's new contracts offer 5-year durations while touting lower fees, as it aims to lure U.S. traders from offshore platforms.

https://decrypt.co/331180/coinbase-opens-perpetuals-trading-us-customers

Peter Thiel Effect? Cathie Wood Pours $175 Million Into Bitmine Immersion Stock As Founders Fund Backing, Ethereum Spike Fuels Buzz - Grayscale Ethereum Mini Trust ( ETH ) Common units of fractional undivided beneficial interest ( ARCA:ETH )

Ark Invest, led by Cathie Wood, made significant trades on Monday. Notably, the firm increased its stake in Bitmine Immersion Technologies Inc. BMNR and Advanced Micro Devices Inc. AMD while reducing its holdings in Coinbase Global Inc. COIN and Block Inc.

https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/07/46535966/peter-thiel-effect-cathie-wood-pours-175-million-into-bitmine-immersion-stock-as-found

Coinbase Global, Inc. ( COIN ) Stock Dips While Market Gains: Key Facts

Coinbase Global, Inc. (COIN) closed the most recent trading day at $413.63, moving 1.47% from the previous trading session.

https://www.zacks.com/stock/news/2600917/coinbase-global-inc-coin-stock-dips-while-market-gains-key-facts

Looking Into Coinbase Global's Recent Short Interest - Coinbase Global ( NASDAQ:COIN )

Coinbase Global's COIN short percent of float has risen 16.49% since its last report. The company recently reported that it has 14.03 million shares sold short, which is 6.71% of all regular shares that are available for trading.

https://www.benzinga.com/insights/short-sellers/25/07/46526640/looking-into-coinbase-globals-recent-short-interest

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Coinbase Global Inc. Price History

11.06.2025 - COIN Stock was up 5.3%

• Despite concerns raised by analysts about stretched valuation and potential Q2 results missing estimates, Coinbase experienced a strong bullish movement today.
• The partnership with Perplexity AI for real-time crypto prices and the potential integration with AI technology highlighted by the CEO could have boosted investor confidence in the company's future prospects.
• Cathie Wood's continued investment in Coinbase, albeit reducing exposure to crypto stocks, may have also contributed to the positive sentiment surrounding the stock.
• The exposure of a fake crypto project claiming ties to the Vatican may have indirectly highlighted the importance of legitimate and established platforms like Coinbase, potentially attracting more users and investors to the platform.

09.06.2025 - COIN Stock was up 5.3%

• Today's upward movement in COIN is driven by positive sentiment surrounding technology stocks, particularly key players in modern innovations such as Coinbase.
• The growing demand for exposure to cryptocurrencies is likely fueling COIN's current uptrend, as investors look for opportunities in the digital asset realm.
• COIN's emphasis on cost-effective transactions and consistent cash flow amidst crypto market volatility has instilled confidence in investors regarding the company's growth trajectory.
• Expectations of COIN surpassing earnings projections in the upcoming period, alongside favorable comparisons with other value stocks, including EEFT, underscore the market's optimism towards Coinbase Global.

22.06.2025 - COIN Stock was down 5.6%

• Cathie Wood's ARK Invest selling off Coinbase shares to buy stakes in Ethereum-related firms like Bitmine may have signaled a lack of confidence in Coinbase's future growth prospects, contributing to the bearish movement.
• The introduction of perpetuals trading by Coinbase, following Kraken's lead, might have raised concerns among investors about increased competition and potential margin pressures in the cryptocurrency trading space, leading to the sell-off.
• The increase in Coinbase's short interest indicates growing bearish sentiment among investors, potentially driven by concerns over regulatory challenges, market volatility, or specific company performance issues.
• Overall, the combination of reduced confidence from influential investors, competitive pressures, and rising short interest likely contributed to the bearish movement in COIN's stock price today.

16.06.2025 - COIN Stock was up 6.2%

• COIN exhibited a notable upward trend today, reaching a fresh 52-week peak, possibly fueled by favorable cryptocurrency legislative developments in Washington.
• The company's donation of $25 million to Fairshake PAC, which supports candidates advocating for clear crypto regulations, likely bolstered investor confidence in COIN's future.
• Cathie Wood's ARK Invest decision to reduce Bitcoin ETF shares and increase exposure to Tesla amidst leadership changes may have influenced cryptocurrency market sentiment, potentially steering attention towards COIN as a more steady investment option.
• The debut of the Virtune Coinbase 50 Index ETP on Nasdaq Stockholm may have also played a role in COIN's positive performance, indicating a rising institutional interest in cryptocurrency-related products.

26.05.2025 - COIN Stock was up 5.4%

• COIN stock reached a new 52-week high today, showing strong bullish movement.
• Analysts liken Coinbase to the 'Amazon of crypto services' and have raised its price target to $510, highlighting its competitive edge and robust institutional custody business.
• The recent uptrend in COIN can be attributed to growth in stablecoins, regulatory victories, and analyst upgrades, bolstering investor confidence.
• The positive sentiment in the crypto industry, fueled by regulatory tailwinds and sector positivity, may have influenced the rise in COIN stock.

02.06.2025 - COIN Stock was up 5.3%

• Coinbase's bullish movement today can be attributed to its recent acquisition of LiquiFi, a token management platform, which is the fifth acquisition made by the exchange this year. This move is seen as a strategic expansion of services to support early-stage projects and simplify token launches.
• Despite facing some challenges such as a legal setback and a share sale by Ark Invest, Coinbase's stock managed to rally as analysts foresee a potential gain in Q2 earnings, which instilled confidence among investors.
• The news of Cathie Wood doubling down on Tesla and selling a significant amount of Coinbase stock might have initially caused some volatility in COIN's price, but the overall positive sentiment towards the exchange prevailed, leading to a bullish market movement.
• Additionally, the potential impact of Circle's bid to launch a federally regulated trust bank on USDC's market dominance could have indirectly contributed to the positive outlook for Coinbase, as it operates in the same cryptocurrency ecosystem.

26.05.2025 - COIN Stock was up 7.5%

• Coinbase's stock saw a significant bullish movement due to a drumbeat of positive regulatory news under the previous administration, creating optimism in the sector.
• Analysts view Coinbase as the 'Amazon of Crypto Services', attributing its bullish momentum to its competitive edge against emerging rivals like Robinhood and its strong institutional custody business.
• The rally in crypto-centric stocks like COIN was fueled by a new Senate bill to reduce SEC oversight, stablecoin bill, and regulatory tailwinds, boosting confidence in the sector.
• COIN hit a new 52-week high as stablecoin growth, regulatory wins, and analyst upgrades contributed to its record close, reflecting the market's positive sentiment towards the company's future prospects.

10.06.2025 - COIN Stock was up 5.2%

• COIN exhibited notable bullish movement today, potentially influenced by:
• Favorable market sentiment surrounding cryptocurrencies, following talks on regulatory clarity and the possible advancement of the GENIUS and CLARITY Acts.
• Rising investor attention towards stocks in the cryptocurrency sector, with some touting COIN as a top technology investment opportunity.
• Enhanced efficiency in transaction costs by COIN, resulting in consistent cash flow and a clearer path to profitability, as indicated in discussions on sustainable growth strategies.

10.06.2025 - COIN Stock was up 5.7%

• Coinbase's stock (COIN) experienced a strong bullish movement today, with a 1.50% increase in the current session.
• The surge in Coinbase's shares can be attributed to the significant rally in Bitcoin prices, driven by institutional whale buying and the cryptocurrency's surge past $112,000.
• The positive market sentiment towards Coinbase also reflects the broader turnaround in the cryptocurrency market following recent ETF approvals and regulatory developments, signaling growing mainstream acceptance.
• Analyst downgrades on Coinbase did not seem to impact the stock's performance today, as investors focused more on the positive momentum in the crypto sector and Coinbase's position as a key player in the industry.

27.05.2025 - COIN Stock was down 6.5%

• Coinbase stock experienced a bearish movement despite positive developments within the company.
• The outperformance of crypto equities over major tokens could have shifted investor focus away from individual cryptocurrencies like Bitcoin and Ethereum, impacting Coinbase's stock negatively.
• The upcoming launch of Coinbase's US perpetual futures could have led to profit-taking by investors, causing a temporary dip in the stock price.
• The mixed sentiments from analysts, with some being bullish and others cautious, might have contributed to the volatility and downward pressure on Coinbase's stock.

27.05.2025 - COIN Stock was down 5.2%

• The bearish movement in COIN today could be attributed to profit-taking by investors after the stock had been soaring to new heights recently.
• The news of the upcoming launch of US perpetuals by Coinbase might have raised concerns about potential regulatory challenges or market competition, leading to a sell-off.
• The addition of Cardano and Litecoin to Coinbase's Base network could have caused uncertainty among investors, possibly indicating a shift in focus away from mainstream cryptocurrencies like Bitcoin and Ethereum.
• Overall, the market sentiment towards COIN seems to be mixed, with some analysts optimistic about its growth potential while others remain cautious about a possible pullback.

18.06.2025 - COIN Stock was up 7.0%

• COIN's stock saw a significant increase in value today.
• The rise in COIN's stock price could be attributed to recent positive developments, such as the introduction of its 'Everything App' that integrates wallet, social, and AI features, demonstrating innovation and growth potential.
• Moreover, Ripple's acquisition of Hidden Road, a key player in the cryptocurrency industry, may have improved overall market sentiment towards digital currencies, benefiting platforms like Coinbase.
• The growing popularity of the Coinbase app, reflected in its climb up the App Store rankings, indicates a surge in retail interest in cryptocurrencies, contributing to the positive momentum for COIN.