Coinbase Global Inc. ($COIN) Stock Forecast: Up 5.3% Today

What is Coinbase Global Inc.?

COIN, also known as Coinbase Global Inc., is a leading cryptocurrency exchange platform listed on NASDAQ. The company provides a platform for buying, selling, and storing various cryptocurrencies.

Why is Coinbase Global Inc. going up?

COIN stock is up 5.3% on Jan 14, 2025 19:28

• The bullish movement in COIN stock today can be attributed to several factors:
• Peanut The Squirrel's surge in trading volume and speculation about hitting $1, potentially fueled by a Coinbase listing, may have generated excitement and positive sentiment around the cryptocurrency space.
• The pro-crypto Fairshake PAC's significant spending in the election to push for regulatory overhaul indicates a growing interest in cryptocurrency regulation, which could benefit established platforms like Coinbase.
• Deep-pocketed investors adopting a bullish approach towards COIN, as revealed by public options records, could have contributed to the positive momentum in the stock.
• Coinbase's partial victory in the SEC regulatory challenge, with a federal appeals court calling the agency's stance 'arbitrary,' may have provided reassurance to investors and boosted confidence in the company's ability to navigate regulatory challenges successfully.

COIN Price Chart

COIN Technical Analysis

COIN News

Peanut The Squirrel Surpasses Shiba Inu In Trading Volume: Is $1 Next?

Peanut The Squirrel surged 22% in a single day, overtaking Shiba Inu in trading volume to claim the third spot among meme coins. Speculation rises as a crypto trader predicts PNUT could hit $1, fuelled by a Coinbase listing.

https://www.benzinga.com/markets/cryptocurrency/25/01/42982430/peanut-the-squirrel-surpasses-shiba-inu-in-trading-volume-is-1-next

Why Crypto's Election Spending Spree Signals A Push For Regulatory Overhaul - Coinbase Glb ( NASDAQ:COIN )

The pro-crypto Fairshake PAC spent $173 million to defeat critics, signaling a highly politicized approach to regulation. The industry's move to mobilize demonstrates that their success relies on strategic political engagement, not passive development. Get Real-Time News and Alerts for Your ...

https://www.benzinga.com/markets/cryptocurrency/25/01/42981650/why-cryptos-election-spending-spree-signals-a-push-for-regulatory-overhaul

Gorilla Technology Takes Action: Addresses Concerns, Increases Buyback

GRRR will likely continue to push regulators with evidence to investigate activities that could harm shareholders.

https://www.zacks.com/stock/news/2396685/gorilla-technology-takes-action-addresses-concerns-increases-buyback

Coinbase Glb's Options: A Look at What the Big Money is Thinking - Coinbase Glb ( NASDAQ:COIN )

Deep-pocketed investors have adopted a bullish approach towards Coinbase Glb COIN, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today.

https://www.benzinga.com/insights/options/25/01/42975663/coinbase-glbs-options-a-look-at-what-the-big-money-is-thinking

Coinbase Wins Partial Victory In SEC Regulatory Challenge, Court Calls Agency's Stance 'Arbitrary' - Coinbase Glb ( NASDAQ:COIN )

Cryptocurrency exchange Coinbase Global Inc. COIN secured a partial victory against the Securities and Exchange Commission when a federal appeals court ruled the agency's denial of crypto rulemaking was "arbitrary and capricious," while stopping short of forcing new regulations.

https://www.benzinga.com/markets/cryptocurrency/25/01/42967020/coinbase-wins-partial-victory-in-sec-regulatory-challenge-court-calls-agencys-stance-arbit

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Coinbase Global Inc. Price History

07.00.2025 - COIN Stock was down 5.1%

• The bearish movement in COIN could be attributed to bearish options activity observed by deep-pocketed investors.
• The surge in cryptocurrency-related shares, particularly Bitcoin crossing $100,000, might have diverted investor attention away from traditional crypto exchanges like Coinbase, impacting its stock price negatively.
• The overall bullish sentiment in the cryptocurrency market, with Bitcoin hitting new highs, could have led investors to favor direct exposure to cryptocurrencies rather than exchange platforms like Coinbase, affecting COIN's performance.

07.00.2025 - COIN Stock was down 7.6%

• The bearish movement in COIN could be attributed to the overall drop in Bitcoin's price, falling below $98,000 due to pressure from rising Treasury yields affecting risk assets.
• Deep-pocketed investors taking a bearish approach towards COIN, as evidenced by options activity records, might have added to the negative sentiment surrounding the stock.
• Despite the surge in crypto-related shares, including MicroStrategy reaching new highs with Bitcoin breaking $100,000, the bearish sentiment towards COIN prevailed, possibly due to specific concerns related to the company itself rather than the broader crypto market movements.

20.11.2024 - COIN Stock was down 7.3%

• Coinbase's revenue surpassing Nasdaq's could indicate solid financial performance, however, the downward trend in prices might reflect investor apprehension regarding regulatory issues or market competition.
• Reports on Cathie Wood's Ark Invest divesting Coinbase shares likely influenced the bearish movement, eroding investors' trust in the stock.
• The legal decision permitting Coinbase to remove Wrapped Bitcoin amidst legal hurdles potentially intensified market uncertainty, resulting in a negative impact on COIN's value.
• In totality, the convergence of regulatory challenges, competitive landscape, and institutional selling may have fueled the decline in COIN's stock price today.

03.00.2025 - COIN Stock was up 5.8%

• Despite bearish options activity, COIN displayed significant bullish movement today.
• Interest from Coinbase's CEO, Brian Armstrong, in integrating USDC transfers on Elon Musk's platform may have positively impacted investor sentiment.
• The Power Inflow alert followed by a reversal after an initial decline likely attracted traders using smart money and order flow analytics.
• The optimistic market sentiment in the cryptocurrency space likely played a role in the bullish movement of COIN today.

03.00.2025 - COIN Stock was up 5.1%

• The bullish movement in COIN could be attributed to the positive sentiment in the cryptocurrency market as a whole.
• Volatile recommendations on cryptocurrencies might have caused some investors to reevaluate their positions, potentially leading to increased interest in platforms like Coinbase.
• As cryptocurrencies continue to gain mainstream acceptance, investors might be flocking to platforms like Coinbase, driving up the stock price.
• The mention of COIN alongside other notable companies in the discourse could have also contributed to increased visibility and investor interest in the stock.

14.00.2025 - COIN Stock was up 5.4%

• COIN experienced a strong bullish movement today following a partial victory against the SEC's regulatory challenge. This positive outcome alleviated concerns about potential regulatory hurdles for the company, boosting investor confidence in COIN.
• The court ruling labeling the SEC's stance as 'arbitrary and capricious' reassured investors and signaled a more favorable regulatory environment for Coinbase, leading to increased buying activity and driving the stock price higher.
• The ongoing legal developments and regulatory clarity provided by the court decision likely contributed to the bullish momentum in COIN, as investors welcomed clearer guidelines for the cryptocurrency industry, enhancing COIN's market position and outlook.

14.00.2025 - COIN Stock was up 5.3%

• The bullish movement in COIN stock today can be attributed to several factors:
• Peanut The Squirrel's surge in trading volume and speculation about hitting $1, potentially fueled by a Coinbase listing, may have generated excitement and positive sentiment around the cryptocurrency space.
• The pro-crypto Fairshake PAC's significant spending in the election to push for regulatory overhaul indicates a growing interest in cryptocurrency regulation, which could benefit established platforms like Coinbase.
• Deep-pocketed investors adopting a bullish approach towards COIN, as revealed by public options records, could have contributed to the positive momentum in the stock.
• Coinbase's partial victory in the SEC regulatory challenge, with a federal appeals court calling the agency's stance 'arbitrary,' may have provided reassurance to investors and boosted confidence in the company's ability to navigate regulatory challenges successfully.

24.11.2024 - COIN Stock was up 5.1%

• The positive sentiment surrounding the company and the overall cryptocurrency market was a key factor in the bullish movement of COIN stock.
• A bearish outlook from some options market investors created a short-term buying opportunity, driving increased demand for COIN shares.
• Growth initiatives from Affirm and Adyen, along with extended partnerships, may have bolstered market confidence in fintech and digital payment sectors, positively affecting COIN's stock performance.
• COIN's robust revenue performance when compared to traditional exchanges like Nasdaq underscored its significance in the evolving financial landscape, contributing to the overall bullish sentiment.

24.11.2024 - COIN Stock was up 5.3%

• Coinbase's stock experienced a strong bullish movement as investors are optimistic about the company's growth prospects and market share expansion.
• The bearish stance taken by some investors in the options market may have initially caused some uncertainty, but overall market sentiment remains positive towards COIN.
• The resurgence in holiday spending highlighted by Visa's retail spend monitor could indicate increased interest and investment in cryptocurrencies, benefiting platforms like Coinbase.
• Affirm's extended partnerships and enhanced offerings may also contribute to a positive market environment for COIN, as it reflects a growing trend towards digital payment solutions and financial services.

17.11.2024 - COIN Stock was down 5.4%

• The increase in short interest on COIN by 7.49% could have contributed to the bearish movement as more investors are betting on the stock's price to decline.
• The lawsuit from BiT Global against Coinbase for delisting Wrapped Bitcoin may have raised concerns among investors, leading to a negative sentiment towards COIN.
• Despite the recent bearish movement, the options activity on COIN shows that a significant portion of investors have taken a bullish stance, indicating a potential divergence in market sentiment.
• The overall volatility in the cryptocurrency market could have influenced the bearish movement in COIN as investors may be cautious about the sector's unpredictability.

18.11.2024 - COIN Stock was down 5.6%

• Coinbase Global, Inc. (COIN) experienced a bearish movement likely due to:
• Cathie Wood's Ark Invest reducing its holdings in the company, which could have signaled a lack of confidence in its future performance.
• The increase in COIN's short interest, indicating a growing number of investors betting against the stock's price.
• Despite the Power Inflow alert earlier in the day, the overall sentiment towards COIN seems to have turned negative, leading to the bearish movement.

19.11.2024 - COIN Stock was down 5.9%

• Today's decrease in COIN's value may be linked to:
• Ark Invest, managed by Cathie Wood, selling a substantial number of COIN shares, indicating doubts about the company's short-term prospects.
• Legal disputes with BiT Global concerning the delisting of Wrapped Bitcoin (WBTC) potentially raised worries about regulatory hurdles for Coinbase.
• Despite a mid-day Power Inflow signal, concerns stemming from Ark Invest's actions and legal battles might have overshadowed the positive signal, leading to the negative movement in the stock.
• The overall market sentiment towards cryptocurrencies and uncertainties surrounding regulations in the industry likely added downward pressure on COIN's stock price.