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2026-09-09 14:27 2h ago
2026-09-09 10:01 7h ago
Is Trending Stock Coinbase Global, Inc. (COIN) a Buy Now?
COIN Coinbase
FMP Stock News
Original source text
Coinbase Global, Inc. (COIN - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this company have returned +20.4%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Financial - Miscellaneous Services industry, which Coinbase Global falls in, has gained 3.8%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, Coinbase Global is expected to post a loss of $0.21 per share, indicating a change of -114.6% from the year-ago quarter. The Zacks Consensus Estimate has changed +4.9% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of -$0.39 points to a change of -109.7% from the prior year. Over the last 30 days, this estimate has changed +6.1%.

For the next fiscal year, the consensus earnings estimate of $2.85 indicates a change of +830% from what Coinbase Global is expected to report a year ago. Over the past month, the estimate has changed +1.8%.

With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Coinbase Global.

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of Coinbase Global, the consensus sales estimate of $1.11 billion for the current quarter points to a year-over-year change of -40.5%. The $5.14 billion and $6.3 billion estimates for the current and next fiscal years indicate changes of -28.4% and +22.5%, respectively.

Last Reported Results and Surprise HistoryCoinbase Global reported revenues of $1.22 billion in the last reported quarter, representing a year-over-year change of -18.5%. EPS of -$0.39 for the same period compares with $0.12 a year ago.

Compared to the Zacks Consensus Estimate of $1.3 billion, the reported revenues represent a surprise of -5.81%. The EPS surprise was -378.57%.

Over the last four quarters, the company surpassed EPS estimates just once. The company topped consensus revenue estimates just once over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

Coinbase Global is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Coinbase Global. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
2026-09-09 12:00 5h ago
2026-09-09 07:00 10h ago
ION partners with Coinbase to support Kalshi's event contracts
COIN Coinbase
FMP Stock News
Original source text
, /PRNewswire/ -- ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates, announces that Coinbase has selected ION's XTP for Event Contracts to support event contract clearing for Kalshi, the world's largest prediction market.

Event Contracts is ION's latest extension to its flagship XTP solution, offering a fully automated, real-time platform for the creation, resolution, and settlement of event-based contracts. It provides Coinbase with the ability to confidently support execution and processing of event contracts in real-time with minimal impact to existing operational processes while supporting real-time contract design capability, onboarding of tens of thousands of accounts per day, and fully automated 24/7 processing.

ION and Coinbase partnered to support Kalshi's listing of event contracts in December 2025. XTP's modern architecture has enabled the adoption of an accelerated deployment timeframe through three-way collaboration between ION, Coinbase and Kalshi, who worked to expedite analysis, development, and rollout. During the initial rollout, XTP demonstrated its ability to support high-volume activity for Kalshi, including processing its first one million trades over Super Bowl weekend.

XTP for Event Contracts provides Futures Commission Merchants (FCMs) with a unique opportunity to run event contracts alongside existing ETD and cOTC business in a single solution, thanks to native reporting, automated settlement, and multiexchange connectivity. The result is fast onboarding, low operational lift, and seamless scaling as the volume grows. Already relied upon by leading FCMs, XTP now brings the same robustness and real-time processing to the fast-growing prediction market sector. 

Toni Gemayel, Head of Prediction Markets at Coinbase, said: "Partnering with ION provides the operational infrastructure needed to support our expanding event contracts business. XTP's real-time processing capability allows us to manage growing prediction market volumes while maintaining the back-office stability and execution standards."

Max Crowley, Vice President of Business Development at Kalshi, said: "We're excited that XTP can support Kalshi and Coinbase FCM in this offering. Safe and regulated markets require not only strong exchange rules and oversight, but also sound operational risk management and processing such as that provided by XTP."

Samuel Shorthouse, Head of Client Engagement, Cleared Derivatives at ION, said: "We are pleased to partner with Coinbase and Kalshi as they expand access to regulated event‑based markets at a time when this sector is evolving rapidly. Deploying XTP to support these workflows provides a robust and trusted foundation with real‑time capabilities that help clients manage their activity effectively. This collaboration reflects our commitment to supporting the growth of this emerging market in a secure, scalable, and sustainable way."

About ION

ION provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their businesses for sustained success through continuous innovation. For more information, visit https://iongroup.com/.

About Coinbase Inc.

Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom in the world. The most trusted crypto platform, Coinbase stores more digital assets than any other company and is building the everything exchange — one place to access crypto, equities, derivatives, prediction markets, and more. Coinbase serves consumers through its suite of financial apps, institutions through Coinbase Prime, and developers through the Coinbase Developer Platform. Coinbase's full-stack platform was purpose-built to power the future of finance: secure custody, deep exchange liquidity, stablecoin infrastructure, and global settlement rails — all built on a decade-plus foundation of security and compliance.

About Kalshi

Founded in 2018, Kalshi is the world's next-generation financial exchange. Prediction markets provide accurate, real-time information on the likelihood of events, making humanity more informed about the future. As the first regulated exchange for events, Kalshi is credited with legalizing and establishing prediction markets as a financial asset class. It's the leading safe and regulated platform, trusted by millions of people and a growing number of institutions in America. To learn more about Kalshi, visit www.kalshi.com.

All product and company names herein may be trademarks of their registered owners.

SOURCE ION
2026-09-09 09:18 7h ago
2026-09-08 10:00 1d ago
Zcash Crossed $1,000 Two Weeks After Grayscale’s ETF Launched. Is Privacy the New Institutional Trade?
COIN Coinbase
FMP Stock News
Original source text
Grayscale just handed institutional investors a brokerage-account way to buy the coin regulators spent years trying to block, and the price response raised a question nobody in crypto expected to be asking this soon.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Grayscale launched the first U.S. spot Zcash ETF on NYSE Arca on August 25, 2026, under the ticker ZCSH, with Coinbase (NASDAQ:COIN | COIN Price Prediction) serving as custodian. The fund launched with about 387,000 ZEC, worth $260 million at the time, and reached $313 million in assets within three days. It charges a 2.5% annual fee, roughly ten times what a Bitcoin ETF charges. 

Zcash (CRYPTO:ZEC) trades at $1,127.94 today, down 5.35% over the past 24 hours, after touching a multi-year high of $1,249.28 on September 6, its highest level since October 2016, and climbing from a 65% rise in the week before the listing. The question worth asking is whether the ETF is driving that rally, or simply riding one that was already running before it existed.

How a Spot Zcash ETF Works, and What It Doesn’t Do

A spot ETF holds the underlying coin directly, so its share price tracks the asset without options, futures, or leverage in between. The custodian is the regulated firm legally responsible for the coins, which is why naming a well-known U.S. custodian carries weight on a listing like this. NYSE Arca is the New York Stock Exchange’s all-electronic platform where most U.S. ETFs list, so a share of ZCSH trades in a normal brokerage account the same way any equity ETF does.

ZCSH is a conversion of the Grayscale Zcash Trust, which had traded over the counter since October 2021 at discounts of up to 55% to the value of its coins. Converting it to an ETF lets market makers create and redeem shares against the fund, which closes that gap between the trust’s price and the coins behind it. Jane Street and Virtu are the firms doing that work, and BNY Mellon administers the fund.

Privacy coins are an unusual candidate for this kind of treatment, since Zcash can hide sender, receiver, and amount through shielded transactions that encrypt on-chain details, and that compliance friction had kept privacy assets off regulated U.S. venues until now. ZCSH holds its ZEC in transparent Coinbase custody wallets, so the fund gives investors price exposure without touching the shielded feature that makes Zcash a privacy asset in the first place.

Zcash Was Rising Before the Fund and Kept Rising After

The Zcash price rose 65% in the week before the August 25 listing, reaching an eight-year high of $880 on the day of the launch, then dipped to $784 the next morning before climbing through the following weeks to cross $1,000 on September 4 and peak at $1,249.28 on September 6. Today’s price of $1,127.94 puts ZEC up about 28% from its listing-day high, and up more than 40% from the dip it hit the next morning.

That pullback lines up with the technical picture, since ZEC’s RSI had climbed above 75 near the peak, a level that typically signals an asset has become overbought, and trading volume has since cooled by roughly half. Current support is at $1,064, and a break below that level would put $950 back in play. Zcash’s market cap reached $20.23 billion as of September 7, ranking it the ninth-largest cryptocurrency, up from 82nd a year earlier.

The fund’s net assets reached $463.2 million as of September 7, up from the $260 million it launched with, though that growth reflects both new investor money and the price gains of the ZEC the fund already holds, not new inflows on their own. Set against a coin whose market value passed $20 billion this week, the fund remains one buyer among many in a rally that had already started before ZCSH existed.

A Privacy Coin’s ETF Depends on Regulators Tolerating Privacy

An ETF listing creates a new distribution channel for an asset, though it doesn’t by itself prove that any buyer showed up, and in this instance hundreds of millions of dollars did. A privacy coin’s investment appeal still rests on regulatory tolerance, the same variable a regulated product depends on and cannot guarantee on its own. A coin that’s risen more than 2,000% over the past year is also a coin that can fall sharply in a week, and the pullback from $1,249 this week is an early test of exactly that.

Zcash is the biggest name in a small category, and moves in one privacy coin tend to pull attention toward the others, with Dash rising 43% the week ZCSH launched despite no news of its own. A $47 million short position against ZEC is now under pressure too, with liquidation looming near $2,292, a sign of how stretched positioning has become on both sides of the trade.

A coinholder poll on Zcash’s next upgrade, NU7, opened August 25 and runs through September 14, asking whether the network should move from periodic halvings to a smoother issuance curve. The poll is advisory and doesn’t change the protocol on its own, so only a deployment that follows its result would.

Is Privacy the New Institutional Trade? One ETF listing and two weeks of inflows don’t settle that question on their own. Grayscale gains a listed product and a reason for financial advisors to bring Zcash up with clients, a win for the issuer regardless of where the price goes from here. ZEC gains a compliant on-ramp that has clearly helped demand, but it also inherits a regulatory dependency that a purely on-chain asset never carries.

Sustained net inflows into Grayscale’s Zcash ETF (NYSEARCA:ZCSH) after the launch novelty fades would be the clearest sign privacy is becoming an institutional trade, and other issuers filing similar privacy-coin products would build on that signal. ZEC holding above $1,000 once the headlines quiet down would show demand outlasted the launch itself. If flows dry up and ZEC gives back this week’s pullback and then some, the fund will have existed without lasting buyers behind it, but if flows keep building and other issuers follow, the privacy trade looks like it has real room to run.

Contact [email protected] for any questions or corrections.
2026-09-09 09:18 7h ago
2026-09-08 11:45 1d ago
Hunter Biden Called Trump’s Crypto Empire "Corruption at a Scale We’ve Never Seen." Now He’s Launching His Own Memecoin.
COIN Coinbase
FMP Stock News
Original source text
Weeks after calling the Trump family's crypto venture a historic corruption scandal, Hunter Biden announced his own memecoin complete with a burn mechanism tied to the 2028 election. His motive is unusually candid, and the token economics raise questions worth…

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

On August 20, 2026, Hunter Biden posted to his verified X account that the Trump family’s World Liberty Financial venture is “corruption at a scale we’ve never seen,” citing a lawsuit brought by crypto founder Justin Sun over his investment in the DeFi project. Roughly two and a half weeks later, Biden is launching his own memecoin. The Wall Street Journal reported the plan on September 7, 2026, and Biden confirmed the LAPTOP ticker on X shortly after, according to Decrypt. Per Decrypt, the token launches September 9 on Base, Coinbase‘s (NASDAQ:COIN | COIN Price Prediction) Ethereum layer-2 network.

Token Economics LAPTOP will have a total supply of 1 billion tokens, according to Decrypt. The founding team allocation carries a six-month lock-up and vests over two years, according to Decrypt. Per Decrypt, 20% of supply is earmarked for airdrops, and another 20% covers charity, liquidity and foundation functions.

A conditional burn allocation is tied to three preset events. Portions are burned if a Democrat wins the 2028 presidential election, if Bitcoin (CRYPTO:BTC) sets another all-time high, or if LAPTOP’s fully diluted valuation surpasses that of Official Trump (CRYPTO:TRUMP), according to Decrypt. Unresolved events send that share to charity instead.

Airdrop Strategy One airdrop tranche targets wallets that lost money on TRUMP, President Trump’s memecoin. Other eligible wallets belong to Biden’s Substack subscribers and a mailing list curated by video journalist Andrew Callaghan. According to Decrypt, Callaghan stated he and Channel 5 have no involvement in the token and do not believe crypto is a legitimate investment.

TRUMP’s market capitalization sat at around $600 million in early September 2026, well off its peak, according to Decrypt. Per Decrypt, both TRUMP and the Melania Trump token, launched in 2025, have lost more than 90% of their respective market capitalizations since debut.

Backlash and Copycats Reaction skewed heavily toward mockery. One X user wrote, “You criticize [President Donald] Trump for doing a scam then do one yourself,” a sentiment repeated across dozens of quote-tweets. Copycat tokens using the LAPTOP ticker appeared on other networks within minutes, none connected to the project. A Kraken post promoting a LAPTOP listing circulated Monday before disappearing. Traders criticized announcing the ticker two days early, arguing it hands automated buyers an advantage, according to Decrypt.

Legal Bills and Motive Biden has been direct about his reasoning. In an interview with Tucker Carlson, he said he wants “to make some money,” referencing his legal bills, according to via Tucker Carlson interview, reported by Decrypt. Per Decrypt, his lawyer told a Washington court in April 2026 that Biden lives abroad and cannot afford to pay.

Political Tokens and Risk Politically tinged tokens reliably draw initial buyers regardless of sentiment. The token promoted by Argentine President Javier Milei drew large valuation within hours before collapsing. Per Decrypt, Hailey Welch’s Hawk Tuah token suffered a more than 90% crash after its peak. As investor Mark Cuban told Decrypt, every meme coin is “a rug pull in the works.” Watch whether the founder allocation still exists in six months when the lock-up ends and where the market capitalization sits then.

Contact [email protected] for any questions or corrections.
2026-09-09 09:18 7h ago
2026-09-08 17:53 23h ago
We Are More Than Just Crypto: Coinbase's VanGrack
COIN Coinbase
FMP Stock News
Original source text
Ryan VanGrack, vice chair and head of corporate affairs at Coinbase, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss Coinbase taking the first regulatory step toward letting US investors make leveraged, round-the-clock bets on stocks without owning them.
2026-09-06 11:40 3d ago
2026-09-06 05:49 3d ago
Coinbase Says Crypto's Next Wave of Growth Will Come From AI Agents. Here's What Crypto Investors Need to Know.
COIN Coinbase
FMP Stock News
Original source text
Coinbase Global (COIN -4.18%) is betting that crypto's next big growth wave will occur due to artificial intelligence agents transacting with each other and making their own agent-to-agent economy. Blockchain analytics firm Chainalysis reported that there had been more than 100 million agent payments on Coinbase's Base blockchain through the first quarter of 2026. Coinbase chief executive Brian Armstrong claimed in late July that such agents will eventually out-transact all humans combined.

Aside from Base, the chains with the most real agent activity today are Ethereum (ETH +2.00%) and Solana (SOL +4.08%). Here's what you need to know before you invest.

Image source: Getty Images.

Agentic payments are just getting started While the term is quickly becoming a bit of a meaningless buzzword, "agentic payments" are essentially just money transfers that are initiated and confirmed by an AI agent without human intervention. Agentic commerce, a related term, refers to the economy of different agents finding services, comparing prices, and spending money, either on behalf of a human, or to serve their own goals (which may have been specified by a human or by another AI agent).

Coinbase is incentivized to promote the idea that agentic payments and agentic commerce are the future of cryptocurrency, as it helped to launch the x402 standard. That standard, which can be used by any website, creates a simple and machine-readable paywall for all sorts of online materials. When an agent encounters a resource that's gated by an x402 request, the server quotes it a price for accessing the resource, which the agent can then pay in stablecoins on-chain, and the request clears.

Premium Feature

Moneyball Superscore

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A draft Ethereum standard called ERC-8004, co-authored by contributors from the Ethereum Foundation and Coinbase, among others, will also help the agentic economy to grow. ERC-8004 is a standardized identity layer that gives every registered agent on its network an identity token and a public feedback record. Other chains have already adopted the standard, and more are likely to in the future.

So now there's a system that allows agents to buy things they need to do the work they want, and another system that enables the grading of that work and the tracking of the agent that did it.

The precursors to the agentic economy taking off are thus already in place.

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How Ethereum and Solana are the most likely to benefit For now, most agentic payments settle in stablecoins, and no single network has locked in the standard. Holders of Solana and Ethereum thus capture value through the transaction fees of the payments that are routed through their networks.

Yet agents don't have many other places to do business. Ethereum's decentralized finance (DeFi) asset footprint is $49 billion, and Solana's is near $6 billion. Both chains have vibrant ecosystems of financial services, many of which are increasingly open to access from agents.

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Today, it's best to buy either of those two coins to get exposure to the growth of agentic commerce in crypto, rather than buying a token issued by an agent or a token that provides services for agents.

Solana and Ethereum have other irons in the fire, which gives them downside protection and more sources of upside. For a fairly speculative emerging segment like agentic commerce, that's the best combination to own.
2026-09-04 23:15 4d ago
2026-09-04 18:45 4d ago
Coinbase Global, Inc. (COIN) Dips More Than Broader Market: What You Should Know
COIN Coinbase
FMP Stock News
Original source text
In the latest trading session, Coinbase Global, Inc. (COIN - Free Report) closed at $184.64, marking a -4.18% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.38%. Elsewhere, the Dow lost 0.51%, while the tech-heavy Nasdaq lost 0.29%.

The company's shares have seen an increase of 32.52% over the last month, surpassing the Finance sector's gain of 1.52% and the S&P 500's gain of 2.08%.

Analysts and investors alike will be keeping a close eye on the performance of Coinbase Global, Inc. in its upcoming earnings disclosure. The company is forecasted to report an EPS of -$0.21, showcasing a 114.58% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $1.11 billion, reflecting a 40.48% fall from the equivalent quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of -$0.39 per share and a revenue of $5.08 billion, demonstrating changes of -109.68% and -29.32%, respectively, from the preceding year.

Investors might also notice recent changes to analyst estimates for Coinbase Global, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 6.1% higher. Right now, Coinbase Global, Inc. possesses a Zacks Rank of #4 (Sell).

The Financial - Miscellaneous Services industry is part of the Finance sector. With its current Zacks Industry Rank of 151, this industry ranks in the bottom 39% of all industries, numbering over 250.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
2026-09-04 20:50 4d ago
2026-09-04 15:28 5d ago
Coinbase vs. Nasdaq: Which Trading Platform Stock Is the Better Buy?
COIN Coinbase
FMP Stock News
Original source text
Key Takeaways Nasdaq's recurring technology, data and index revenues support a more durable growth profile.NDAQ shares have rallied 9.8% in six months, while COIN shares fell 10.1% over the same period.Nasdaq trades at 21.86 times forward earnings, below its five-year median of 22.05. Increased volatility, supportive U.S. economic policies, higher acceptance of digital assets, continued efforts by exchange players to go beyond trading activity, and increased retail trading are factors that will shape the future of exchanges. In this evolving landscape, let’s find out which company is better positioned for long-term growth — Coinbase Global Inc. (COIN - Free Report) or Nasdaq Inc. (NDAQ - Free Report) ?

Coinbase, the largest regulated cryptocurrency exchange in the United States, is well-positioned to capitalize on increased market volatility and rising digital asset valuations. On the other hand, Nasdaq is a leading provider of trading, clearing, marketplace technology, regulatory, securities listing, information and public and private company services.

The Case for COINCoinbase is advancing its ambition to become an “everything exchange,” offering round-the-clock access to digital assets, commodities, equities and derivatives on a single platform.

Prediction markets are emerging as an important growth avenue, widening Coinbase’s addressable market and supporting its evolution beyond traditional crypto trading. The company entered this segment in November 2025 through a partnership with Kalshi, a regulated U.S. exchange where users can trade contracts tied to real-world events, such as elections, inflation, sports and scientific developments.

Coinbase later acquired prediction-market specialist The Clearing Company, adding dedicated product and growth expertise. The deal should help accelerate product development and build regulated, scalable infrastructure while reducing reliance on third-party distribution.

International expansion is another key part of its growth strategy. Coinbase operates in Australia, Brazil, India, Japan, Singapore, the United Kingdom, Switzerland and the European Union, helping diversify revenues beyond the United States. Recently, it expanded its Webull partnership to offer crypto trading and custody in Canada and launched regulated derivatives in the country.

Coinbase is also broadening its portfolio through new cryptocurrencies and tokenized assets. The company selected Chainlink as the oracle infrastructure for its tokenized stocks, potentially extending their use beyond digital representations of listed shares. Separately, Coinbase and Better Mortgage introduced the first nationwide conforming mortgage product backed by crypto assets.

In 2026, management plans to focus on real-world asset perpetuals, specialized exchanges, advanced trading products, decentralized finance infrastructure, and AI- and robotics-related opportunities. However, Coinbase remains vulnerable to crypto-market swings. Weak digital-asset prices can put pressure on trading activity while contributing to impairment charges, restructuring expenses and higher operating costs. Strong liquidity and relatively modest leverage offer some financial flexibility, but earnings are likely to remain volatile.

The Case for NDAQNasdaq operates a diversified business model that reaches far beyond its traditional stock exchange operations. Market Services benefits from trading activity, market share gains and product launches. Capital Access Platforms generates revenues from listings, indexes, data and workflow solutions, while Financial Technology provides surveillance, regulatory reporting, financial-crime prevention and capital-markets technology to institutions worldwide.

The company is steadily expanding annual recurring revenues by shifting toward subscription-based products and long-term contracts. Cross-selling complementary solutions and integrating acquisitions are helping Nasdaq strengthen customer relationships, improve retention and increase revenue visibility. Growth in non-trading businesses, including Data and Listing Services, Index, and Workflow and Insights, has also reduced its reliance on transaction volumes and brought greater stability to its revenue mix.

Targeted acquisitions have strengthened Nasdaq’s competitive position over the years. These deals have facilitated its entry into Canadian equities, expanded its technology capabilities and enhanced its market-surveillance offerings. The company is also applying artificial intelligence and other advanced technologies to modernize market infrastructure and develop new solutions for clients.

Nasdaq’s trading and technology businesses are positioned to benefit from the continued evolution of global capital markets. Calypso has supported tokenized collateral transactions on the Canton Network, while the Eqlipse platform has secured additional migration commitments from market operators. Nasdaq is also preparing for extended-hours trading and broadening its derivatives portfolio through new event-based and short-dated options. These efforts could deepen relationships with exchanges and financial institutions while generating additional technology, data and transaction revenues.

A solid balance sheet and consistent operating cash flows support Nasdaq’s shareholder-return strategy. The company aims to raise its payout ratio to 35%-38% by 2027. Its capital-allocation priorities include debt reduction, organic investment, strategic acquisitions, dividend growth and share repurchases.

Estimates for COIN and NDAQThe Zacks Consensus Estimate for COIN’s 2026 revenues implies a 29.3% year-over-year decrease, while that for EPS implies a 109.7% year-over-year increase.  EPS estimates have moved 4 cents north over the past seven days.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for NDAQ’s 2026 revenues implies a 12.6% increase, and the EPS estimate indicates a 9.6% year-over-year increase. Earnings estimates witnessed no movement over the past seven days.

Image Source: Zacks Investment Research

Price Performance of COIN and NDAQCOIN shares have lost 10.1% in the past six months, while NDAQ shares have rallied 9.8% in the same time frame. 

Image Source: Zacks Investment Research

Are COIN and NDAQ Shares Expensive?Coinbase is trading at a forward 12-month price-to-earnings multiple of 80.13, higher than its median of 33.26 over the past five years. NDAQ’s forward 12-month price-to-earnings multiple sits at 21.86, lower than its median of 22.05 over the past five years.

Image Source: Zacks Investment Research

Conclusion    Coinbase benefits from a well-diversified revenue base that includes trading fees, staking, custodial services and derivatives, all bolstered by growing institutional demand. This crypto leader is leaving no stone unturned to be a one-stop destination for trading digital assets or providing financial services related to crypto or digital assets.

Nasdaq’s expanding mix of recurring technology, data and index revenues supports a more durable growth profile than a traditional exchange model. Nasdaq is set to benefit from impressive organic growth, an increasing on-trading revenue base and strategic buyouts.

NDAQ carries a Zacks Rank #2 (Buy), while COIN carries a Zacks Rank #4 (Sell).

NDAQ’s price appreciation, valuation and near-term growth prospects place it ahead of COIN.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-09-04 01:21 5d ago
2026-09-03 19:21 5d ago
Where Will Bitcoin Be in 2030?
COIN Coinbase
FMP Stock News
Original source text
When it comes to Bitcoin (BTC +4.95%), there is no shortage of outlandish predictions of where it might be in 2030. These predictions are based on Bitcoin's highly volatile nature. That's why it's important for investors to think in terms of a range of probabilities for Bitcoin.

Here are the best-case, base-case, and worst-case scenarios for Bitcoin in 2030.

Best case for Bitcoin Let's start with the best-case scenario. This is the scenario where Bitcoin reaches a price of $1 million or higher by the end of 2030. That might sound implausible, but a number of high-profile investors and tech leaders think it's certainly possible.

Today's Change

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Cathie Wood of Ark Invest, for example, thinks Bitcoin will trade as high as $1.2 million in just a few years. Jack Dorsey of Block (XYZ +1.10%) also thinks Bitcoin could reach $1 million per coin, as do other Silicon Valley entrepreneurs.

Bitcoin, of course, would require some really big catalysts for this to happen. The first key catalyst would be the passage of the Digital Asset Market Clarity Act this year, which will make it easier for investors to buy, hold, and trade Bitcoin.

Then it would likely require investment advisors to tell their clients to allocate at least 1% of their money to Bitcoin. This shift would result in a steady flow of new investor money moving into the spot Bitcoin ETFs, resulting in steady upward pressure on the price of Bitcoin.

Base case for Bitcoin In a base-case scenario, Bitcoin continues to churn out double-digit annual returns, year after year, just as it has done for the past decade. From August 2017 to July 2026, for example, Bitcoin grew at a compound annual growth rate (CAGR) of 33%.

Image source: Getty Images.

While past performance is no guarantee of future performance, it does give us a good idea of where Bitcoin might be headed. Let's assume that Bitcoin ends 2026 at a price near $100,000. Assuming a CAGR of 33%, this leads to a price of roughly $300,000 by the end of 2030.

According to Coinbase Global (COIN +10.14%) CEO Brian Armstrong, it is "very likely" that Bitcoin's price will reach $300,000 by the end of 2030. After all, this matches up perfectly with Bitcoin's historical growth rate over the past decade.

Worst case for Bitcoin Bitcoin is highly cyclical, and tends to have alternating periods of boom and bust. Three good years are typically followed by one awful year. This has been the case with Bitcoin for more than a decade.

So if 2027, 2028, and 2029 are blockbuster years, then 2030 could be a disaster. Is it any coincidence that the last Bitcoin bear market was almost exactly four years ago? History may not repeat, but it certainly rhymes, as Mark Twain once remarked.

Bitcoin has historically been a very volatile and very unpredictable asset. But if you're looking for the most likely outcome, it's probably the base-case scenario outlined above. I wouldn't be surprised at all if Bitcoin is trading around $300,000 by the end of 2030.
2026-09-03 22:55 5d ago
2026-09-03 16:45 6d ago
Coinbase to Participate in Citi's 2026 Global TMT Conference
COIN Coinbase
FMP Stock News
Original source text
Remote-First-Company/NEW YORK--(BUSINESS WIRE)--Coinbase Global, Inc. announced today that Alesia Haas, Chief Financial Officer, will participate in a fireside chat at Citi's 2026 Global TMT Conference on Thursday, September 10, 2026 at 1:15 pm ET / 10:15 am PT. A live webcast and replay of the virtual session will be available on Coinbase's Investor Relations website at https://investor.coinbase.com. Disclosure Information In addition to filings with the Securities and Exchange Commission, the.
2026-09-03 20:28 5d ago
2026-09-03 14:05 6d ago
Can Canada's Derivatives Launch Boost Coinbase's Global Growth?
COIN Coinbase
FMP Stock News
Original source text
Key Takeaways Coinbase launched regulated crypto, commodity and index futures in Canada for eligible traders.Coinbase says crypto-derivatives volume is about 4.4 times spot, expanding its addressable market.The Canada rollout could boost transaction revenues and serve as a blueprint for other global markets. Coinbase Global (COIN - Free Report) continues to advance its ambition of becoming the industry’s leading “everything exchange.” Its latest strategic initiative—the launch of regulated derivatives in Canada—expands the company’s addressable market, strengthens customer engagement and supports its evolution into a comprehensive financial platform.

Through Coinbase Financial Markets, Coinbase has become the first major crypto-native platform to offer direct access to native crypto futures in Canada. Eligible traders in Canada can access 23 perpetual and dated futures linked to assets such as Bitcoin, Ethereum and Solana. The offering also includes five commodity futures covering gold, silver and oil, along with index futures such as COIN50. Nano-sized contracts and leverage of up to 10 times make these products more capital-efficient and accessible to sophisticated investors.

The launch is strategically significant as derivatives account for a substantial share of global crypto trading. Coinbase estimates that crypto-derivatives volume is approximately 4.4 times that of the spot market. Establishing a presence in Canada’s derivatives market could therefore lift trading activity and transaction revenues while reducing Coinbase’s reliance on traditional spot-market volumes. A successful rollout could also serve as a blueprint for introducing regulated derivatives in other international markets.

Overall, the derivatives launch in Canada is a positive for Coinbase. It expands the company’s product portfolio, provides exposure to a considerably larger trading pool and reinforces its strategy of building a regulated global financial platform.

What About COIN’s Peers?Circle Internet Group’s (CRCL - Free Report) international expansion strengthened its position as a global fintech powerhouse. By expanding its footprint across Europe, Asia and Latin America, Circle has gained stronger access to regulated digital markets. By accelerating global USDC adoption, Circle positions itself for sustained growth and leadership in the rapidly evolving digital financial ecosystem.

Robinhood Markets’ (HOOD - Free Report) international expansion enables it to tap into rising global retail investing demand. By establishing operations in the United Kingdom and Asia, Robinhood broadens revenue streams and reduces reliance on U.S. markets. With strategic acquisitions and regional hubs, Robinhood is well-positioned for sustained growth and a stronger presence in the global fintech landscape.

COIN’s Price PerformanceShares of COIN have lost 15% in the year-to-date period, underperforming the industry.

Image Source: Zacks Investment Research

COIN’s Expensive ValuationCOIN trades at a price-to-earnings ratio of 73.06, significantly above the industry average of 16.52.

Image Source: Zacks Investment Research

Estimate Movement for COINThe Zacks Consensus Estimate for COIN’s third-quarter and fourth-quarter 2026 earnings per share (EPS) witnessed southbound movement in the last 30 days. The same holds true for 2026 and 2027.

Image Source: Zacks Investment Research
2026-09-03 20:18 5d ago
2026-09-03 20:07 5d ago
Index S&P končí těsně pod historickým maximem
ALB Albemarle CHTR Charter Communications CIEN Ciena COIN Coinbase FB Meta Platforms GIS General Mills HOOD Robinhood MSFT Microsoft NOW ServiceNow NVDA Nvidia PFG Principal Financial Group PLTR Palantir Technologies TSN Tyson Foods
FIO Stock News
Original source text
3.9.2026 22:07

Wall Street má za sebou solidní růst tažený výrokem člena FEDu Wallera, který naznačil ochotu hlasovat pro podržení sazeb na současné úrovni. Růst indexů jde na vrub především největším společnostem jako Nvidia, Meta nebo Microsoft. Index S&P 500 je půl procenta od historického maxima.

Index Dow Jones +1,18 % na 53686,11 b.
S&P 500 +1,06 % na 7747,71 b.
Nasdaq Composite +1,4 % na 26584,06 b.

Index S&P 500 +1,06 % na 7747,71 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Zbytná spotřeba +1,6 % Energie -0,7 % Finanční sektor +1,6 % Základní materiály -0,5 % Komunikační služby +1,5 % Nezbytná spotřeba 0 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Robinhood Markets (HOOD) +17 % Ciena Corp (CIEN) -10 % Coinbase Global (COIN) +10 % Tyson Foods (TSN) -7,3 % Palantir Technologies (PLTR) +7,7 % Charter Communications (CHTR) -4,8 % ServiceNow (NOW) +6,5 % Albemarle Corp (ALB) -4,1 % Principal Financial Group (PFG) +6,5 % General Mills (GIS) -3,3 %
Martin Varecha
Fio banka, a.s.
Prohlášení
2026-09-03 17:48 5d ago
2026-09-03 17:48 5d ago
Wall Street silně roste
AAPL Apple AVGO Broadcom CIEN Ciena COIN Coinbase MRNA Moderna MSFT Microsoft NVDA Nvidia PLTR Palantir Technologies SNOW Snowflake
FIO Stock News
Original source text
3.9.2026 19:48

Americké akciové trhy dnes utěšeně rostou, když růst velkých technologických titulů a pokles dluhopisových výnosů převažují nad mírným zdražením ropy v reakci na další eskalaci konfliktu mezi USA a Íránem. Trhům pomohla slova guvernéra Fedu Christophera Wallera, že by byl ochoten podpořit ponechání sazeb beze změny, pokud bude inflace dál vykazovat pokrok směrem k dvouprocentnímu cíli. Peněžní trhy proto snížily sázky na zářijové zvýšení sazeb, i když Waller zároveň uvedl, že při silnějších inflačních datech by hike zvažoval. Investoři nyní čekají především na páteční srpnový report z trhu práce a následně na inflační data za srpen, která budou zveřejněna 11. září před zasedáním Fedu 15.–16. září. Geopolitickou nejistotu udržuje pokračující konflikt s Íránem, když podle zdrojů Írán odpálil střely na Kuvajt v reakci na americké bombardování z počátku týdne.

Růst táhnou především velké technologické a komunikační tituly. Microsoft (MSFT +2,62 %), Apple (AAPL +0,58 %), Meta Platforms ( META +3,71 %) a Nvidia (NVDA +2,24 %) po oznámení dohody o převzetí platformy Hugging Face za zhruba 13 mld. USD. Pozitivní nálada se ale neopírá jen o akcie — výnosy dluhopisů klesají, což pomáhá oceněním růstových titulů. Výnos desetiletého amerického dluhopisu se snižuje o 3 bazické body na 4,75 %. Euro roste o 0,4 % na 1,1639 USD. Ropa navzdory geopolitice roste jen mírně: WTI přidává 0,6 % na 91,57 USD za barel a Brent 0,1 % na 95,75 USD za barel. Zlato posiluje o 2,4 % na 4 486,61 USD za unci, bitcoin roste o 4,6 % na 80 973 USD a ether o 4,2 % na 2 495 USD.

Z jednotlivých titulů nejvíce vyčnívá Snowflake (SNOW), který skáče o 21 % po výrazně lepších kvartálních tržbách i zisku a zvýšení celoročního výhledu tržeb. Firma zároveň upozornila na rychlou adopci svého AI nástroje pro asistované programování. Naopak Broadcom (AVGO) klesá o 3,7 %, přestože výsledky překonaly odhady a firma očekává zdvojnásobení tržeb z AI čipů ve fiskálním roce končícím v roce 2028. Investory ale zklamal slabší celkový výhled tržeb. Hewlett Packard Enterprise  (HPE) odepisuje 3,6 %, i když výsledky překonaly odhady a firma zvýšila výhled díky poptávce po cloudu a AI, protože trh znepokojily dodavatelské limity a další rizika. Tyson Foods (TSN) ztrácí 7,4 % po snížení výhledu tržeb a provozního zisku kvůli tlaku na marže z volatilních cen skotu, zatímco Victoria’s Secret (VSXY) propadá o 14 %, když zisk překonal odhady, ale tržby zaostaly za očekáváním.

Index Dow Jones +1,22 % na 53707,52 b.
S&P 500 +1,04 % na 7746,61 b.
Nasdaq Composite +1,4 % na 26585,07 b.

Index S&P 500 +1,04 % na 7746,61 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Zbytná spotřeba +1,9 % Základní materiály -0,1 % Komunikační služby +1,8 % Energie 0 % Finanční sektor +1,4 % Zdravotní péče +0,1 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Robinhood Markets (HOOD) +15 % Ciena Corp (CIEN) -10,0 % Coinbase Global (COIN) +11 % Tyson Foods (TSN) -7,1 % Palantir Technologies (PLTR) +7,8 % Charter Communications (CHTR) -4,9 % Tesla (TSLA) +7,2 % Moderna (MRNA) -4,2 % Principal Financial Group (PFG) +6,7 % General Mills (GIS) -4,0 %
Martin Varecha
Fio banka, a.s.
Prohlášení
2026-09-03 15:37 6d ago
2026-09-03 11:30 6d ago
Circle Internet Surges 14% Despite Wall Street Building Rival Stablecoin; Coinbase Spikes 10%
COIN Coinbase
FMP Stock News
Original source text
Washington's push to regulate stablecoins sent Circle Internet stock soaring past a key threshold this morning, even as 21 of the biggest names in traditional finance quietly assembled a rival that could upend the very advantage regulators are handing Circle.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Stablecoin regulation is driving a sharp rerating in Circle Internet stock this morning, as a policy push in Washington outweighs the news of a bank-led rival coin. Circle Internet Group (NYSE:CRCL | CRCL Price Prediction) stock is up 14% to $100.63 in morning trading, a decisive move that pushes the shares above the psychologically important $100 level.

The broader benchmarks are calmer but still constructive. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 0.91% to $772.09, tracking the S&P 500 higher this morning. Circle Internet stock was up 12% year to date through the prior close, so today’s advance stacks on an already hot run and lifts the year-to-date gain sharply from that mark.

Testimony Fuels the Rally Circle President Heath Tarbert testified before the House Financial Services Committee, urging full implementation of the GENIUS Act, the federal framework for payment stablecoins covering reserve requirements, redemption at par, and disclosures that takes effect no later than January 2027. Tarbert warned lawmakers that the country risks losing financial influence if the next generation of money and capital markets is built on infrastructure governed outside the United States, and he called for closing offshore loopholes.

Tarbert stated, “Congress cannot determine which technologies will succeed. It can determine whether American law, American institutions, and the dollar will remain embedded in the systems that do.” Circle Internet issues USDC, the second-largest stablecoin, with a circulating supply of 73.7 billion tokens, according to Circle Internet Group.

A federal charter, tighter reserve rules, and closed offshore loopholes read as a direct tailwind for the issuer with the deepest U.S. regulatory footprint. Circle already secured its OCC federal trust bank charter and set up Circle National Trust as a supervised foundation for institutional digital-asset services.

Bank Consortium Adds the Bear Case The counterweight in this story sits on the other side of the same regulatory frame. Goldman Sachs (NYSE:GS) is a member of a consortium of 21 financial institutions planning to issue a dollar-pegged stablecoin in the first half of 2027, backed one-to-one by reserves on public blockchains, expanded from the 10 banks involved at its announcement. Goldman Sachs and its consortium peers first floated the group in October 2025, and the roster has more than doubled since, according to Goldman Sachs Group Inc.

That’s the tension worth sitting with. The same regulation that legitimizes USDC also legitimizes a competing bank-issued token backed by balance sheets and customer relationships Circle can’t match. For now, the near-term reading favors Circle Internet, since USDC has scale and distribution today while the consortium product isn’t due for more than a year.

Peers and the Crypto Backdrop Coinbase Global (NASDAQ:COIN) is Circle’s primary USDC distribution partner and shares in reserve economics, and Coinbase stock is riding the same wave this morning. Coinbase confirmed on its most recent call that the Circle partnership auto-renewed on the same terms, which removes a near-term overhang that had weighed on both names. COIN stock jumped 10% $191.98 in Thursday morning trading.

Meanwhile, the iShares Bitcoin Trust ETF (NASDAQ:IBIT) is advancing 4% to $45.74 alongside firmer crypto prices, a helpful backdrop for stablecoin sentiment even though the fund’s mandate is pure Bitcoin (CRYPTO:BTC) exposure. BlackRock (NYSE:BLK), the ETF’s sponsor, is a Circle institutional partner and a founding validator on Circle’s forthcoming Arc network, tying the largest asset manager on the planet directly into the USDC ecosystem.

Cathie Wood’s ARK Invest added conviction to the narrative last week. On August 31, Wood’s firm bought 35,192 Circle Internet shares worth roughly $3.36 million, days after Circle announced a front-of-shirt partnership with Chelsea Football Club.

What to Watch Next The next moves on GENIUS Act rulemaking and any concrete consortium filings in the coming weeks may reset the debate. The Arc mainnet public launch on September 16 is the next scheduled catalyst on Circle’s calendar, with BlackRock’s BUIDL tokenized fund and DTCC’s tokenized-securities pipeline lined up as flagship use cases.

With the bulk of Circle Internet stock’s advance concentrated in the past month and tied to a legislative timetable rather than delivered results, investors sizing their exposure should keep their positions moderate. A framework that arrives with 21 large banks on the other side is a two-edged catalyst, and the trade could turn quickly if consortium timelines accelerate.

Contact [email protected] for any questions or corrections.
2026-09-03 13:10 6d ago
2026-09-03 07:51 6d ago
New Strong Sell Stocks for September 3rd
COIN Coinbase
FMP Stock News
Original source text
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2026-09-03 13:10 6d ago
2026-09-03 08:30 6d ago
Prediction: Coinbase Stock Will Hit The $250 Milestone on This Date
COIN Coinbase
FMP Stock News
Original source text
Coinbase commands its highest-ever share of global crypto trading volume yet trades 51% below its 52-week peak, and the timeline for reclaiming $250 depends on a specific chain of events that most Wall Street analysts are quietly ignoring.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Coinbase (NASDAQ:COIN | COIN Price Prediction) is the strangest chart on my screen right now. The largest U.S. crypto exchange just posted its 14th consecutive quarter of positive Adjusted EBITDA and grabbed an all-time-high 10.3% share of global crypto trading volume, yet shares are down 16.81% year-to-date and 38.23% over the past year.

The stock closed at $188.12. Can COIN reclaim the $250 milestone, and when?

Why Coinbase Shares Are Stuck Despite Growing Market Share Crypto volatility has collapsed, and Coinbase lives and dies by trading fees. Q2 2026 revenue of $1.22 billion fell 18.5% year-over-year, missing estimates, and management reported a GAAP loss of $1.36 per share against a -$0.23 consensus. Spot volume dropped 25% quarter-over-quarter, and assets on platform slipped from $294 billion to $246 billion.

With a beta of 3.36, the stock amplifies every dip in Bitcoin. The ongoing Data Theft Incident and heavy revenue concentration in transaction fees give bears ammunition. This is a business waiting for volatility to return.

Wall Street Sees 4% Upside. Our Model Sees 13% Consensus is unusually bunched. The analyst target price sits at $196.55, based on 3 strong buys, 19 buys, 9 holds, 2 sells, and 1 strong sell. That is barely 4% upside. Our internal model, blending analyst targets with a 247Factor of 1.082, lifts the base case to $212.67 for a 13.05% upside, with medium confidence (0.5).

The bull case reaches $361.30 within a year. With 65% of analysts bullish yet targets pinned near spot, the Street is hedging. If FY2027 EPS of $2.83 holds after the 2026 loss year, the current target looks lazy.

Path to $250 Per Share Reaching $250 from $188.12 requires a gain of 32.9%, well inside COIN’s normal volatility band given a 3.36 beta and a 52-week range of $139.11 to $402.16.

The P/E math is harder. Since FY2026 consensus EPS is -$1.99, I use the FY2027 EPS estimate of $2.83 as the true forward number. With that figure, $250 implies a forward P/E of 88x. Our base case of $212.67 already implies 75x, meaning the bold target requires roughly 13x of additional multiple expansion.

That is a stretch, but not crazy for a growth story emerging from a loss year. Multiple expansion gets easier if prediction markets and perpetual futures keep scaling, if the Circle contract renews on the same terms as CFO Alesia Haas confirmed, and if Base extends its lead as the largest L2 on Ethereum.

Brian Armstrong argued “Coinbase would be fine” even without the Clarity Act. The primary risk is another leg lower in crypto volatility that keeps transaction revenue depressed through 2027.

Where COIN Trades Today vs. Its Earnings Power On FY2027 estimates, COIN trades at roughly 67x forward earnings. That looks rich until you note EPS estimates range from -$1.44 to $9.45, showing analysts have no consensus on normalized earnings.

Shares sit 51% below the 52-week high and only modestly above the low. On a 5-year basis the stock is down 29.25%, giving mean-reversion bulls something to work with.

Can Coinbase Really Hit $250? My Verdict Reaching $250 requires the 32.9% gain outlined above. The model’s bull case first crosses $250 on March 1, 2027, with the base case not getting there until March 1, 2029.

Realistic, but not automatic. Crypto volatility needs to normalize, subscription revenue needs to hold above $500 million, and prediction markets need to keep doubling. A prolonged crypto winter derails it. We’ve outlined the blueprint for how Coinbase could reach $250 in 2027.

Contact [email protected] for any questions or corrections.
2026-09-02 22:33 6d ago
2026-09-02 16:44 7d ago
Coinbase to Participate in the Goldman Sachs Communacopia + Technology Conference
COIN Coinbase
FMP Stock News
Original source text
-

Remote-First-Company/SAN FRANCISCO--(BUSINESS WIRE)--Coinbase Global, Inc. announced today that Emilie Choi, President and Chief Operating Officer, and Alesia Haas, Chief Financial Officer, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on Wednesday, September 9, 2026 at 1:10 pm ET / 10:10 am PT.

A live webcast and replay of the virtual session will be available on Coinbase’s Investor Relations website at https://investor.coinbase.com.

Disclosure Information

In addition to filings with the Securities and Exchange Commission, the Company uses its Investor Relations website (investor.coinbase.com), its blog (blog.coinbase.com), press releases, public conference calls and webcasts, its X feed (@coinbase), Brian Armstrong’s X feed (@brian_armstrong), its LinkedIn page, and its YouTube channel as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

About Coinbase

Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom in the world. The most trusted crypto platform, Coinbase stores more digital assets than any other company and is building the everything exchange — one place to access crypto, equities, derivatives, prediction markets, and more. Coinbase serves consumers through its suite of financial apps, institutions through Coinbase Prime, and developers through the Coinbase Developer Platform. Coinbase’s full-stack platform was purpose-built to power the future of finance: secure custody, deep exchange liquidity, stablecoin infrastructure, and global settlement rails — all built on a decade-plus foundation of security and compliance.

More News From Coinbase Global, Inc.

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2026-09-02 05:27 7d ago
2026-09-01 20:00 7d ago
Are New Automated Token Portfolios (ATPs) the Future of Crypto Investing? Here's What Investors Need to Know.
COIN Coinbase
FMP Stock News
Original source text
On Aug. 25, Bitwise, a major asset manager, announced that it would soon launch a trio of automated token portfolios (ATPs), which would be built using tokenized U.S. stocks issued by Coinbase Global (COIN -6.01%). An ATP is a professionally picked basket of stocks that you hold in a crypto wallet, with each company's shares represented as crypto tokens. The point of holding those assets as crypto tokens is that you can put their value to work in various crypto applications, unlike if you were to hold the stocks directly.

So is this new piece of financial tech going to become the future of crypto investing?

Image source: Getty Images.

ATPs are a lot like ETFs As you probably know, an exchange-traded fund (ETF) is a vehicle that pools investors' capital and issues shares. The asset issuer owns the underlying stocks that back the ETF, and investors own a claim on the pool of assets.

An automated token portfolio is an inversion of that dynamic that produces similar results. Bitwise selects the portfolio's holdings and its target weights, just as it would with an ETF, but investors keep direct control over the tokens in a crypto wallet. Glider, a business that's partnered with Bitwise and Coinbase, performs automated rebalancing of the funds in the wallet on a daily basis to match the target weights.

Bitwise named its flagship ATP Mag7X, and it holds eight stocks at an equal weight -- the Magnificent Seven stocks, plus Space Exploration Technologies. As of August 2026, it charges a 0.15% access fee for the model, which excludes trading costs and Glider's platform fees. That fee is comparable to what investors would pay on an index ETF, so it's not very expensive at all.

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Because you hold the tokens directly, they can be used as collateral for decentralized finance (DeFi) apps, or for lending, borrowing, or trading with leverage. That flexibility of the capital is the main point of the ATPs. For crypto-native assets, like Bitcoin or Ethereum, the flexibility is already there, so Bitwise has less reason to wrap them in an ATP, though it's plausible that it'll eventually do so anyway.

The other reason to use ATPs is that for investors who have a lot of capital tied up in crypto (and in active use), but not much capital in the traditional financial system, ATPs provide a path to get exposure to the businesses that mostly live in the traditional system. For those users, the ATPs are a friction-reducing workaround to needing to set up a separate brokerage account and transfer their funds, potentially across international borders.

Access could be on the way next year Currently, the rules about trading securities mean that investors in the U.S. are not legally allowed to use automated token portfolios. So there are no U.S. investor protections associated with them either.

However, U.S.-based investors should still pay attention to the concept and the trend it may start, as regulations could soon change. The Securities and Exchange Commission (SEC) is still in the process of finalizing its tokenized securities exemptions, which are slated for completion in 2027. Furthermore, as Bitwise and perhaps other asset managers create new portfolio concepts to use as ATPs, they may make interesting combinations of assets for which there are no ETFs. These could be opportunities for the right kind of investors.

One last thing to note is that these automated portfolios might not be tax-efficient. Every automated rebalance counts as a sale. So read up on how cryptocurrency is taxed where you live before assuming that a daily rebalanced wallet will cost less than an ETF or just buying the same tokenized assets yourself.
2026-09-01 19:44 7d ago
2026-09-01 14:45 8d ago
Coinbase Powers Webull's Crypto Trading Expansion in Canada
COIN Coinbase
FMP Stock News
Original source text
Key Takeaways Coinbase brings crypto trading and institutional-grade custody to Webull Canada through its platform.Webull retains customers while Coinbase supplies liquidity, trading technology and custody services.Coinbase's Canada expansion creates a potentially scalable, asset-light revenue opportunity. Coinbase Global (COIN - Free Report) recently expanded its partnership with Webull to bring crypto trading and custody to Canada.  This strategic endeavor once again reflects that COIN is leaving no stone unturned to be a critical infrastructure for the global financial system’s transition toward digital assets.

Under the agreement, Webull Canada will use Coinbase’s Crypto-as-a-Service platform for trade execution and institutional-grade custody. The companies have already introduced similar offerings in the United States, Brazil and Australia, allowing Coinbase to monetize its technology and infrastructure internationally without directly acquiring retail customers.

Webull Canada Crypto Limited, regulated by the Canadian Investment Regulatory Organization, will provide order-execution-only crypto trading. Coinbase Canada operates as a registered Restricted Dealer. This regulatory framework, coupled with rising demand for digital assets, supports the expansion of institutional-grade crypto services.

Coinbase will supply liquidity, trading technology and custody services, while Webull retains the customer relationship. This arrangement creates a potentially scalable, asset-light revenue opportunity for Coinbase as brokers, banks and fintech platforms increasingly seek to add crypto capabilities.

The expansion also appears well timed. An Ontario Securities Commission survey showed that crypto-asset ownership in Canada rose to 25% from 10% in 2023. Against this backdrop, Coinbase is strengthening its position at the center of the financial sector’s transition onchain.

What About COIN’s Peers?Circle Internet Group’s (CRCL - Free Report) international expansion strengthened its position as a global fintech powerhouse. By expanding its footprint across Europe, Asia and Latin America, Circle has gained stronger access to regulated digital markets. By accelerating global USDC adoption, Circle positions itself for sustained growth and leadership in the rapidly evolving digital financial ecosystem.

Robinhood Markets’ (HOOD - Free Report) international expansion enables it to tap into rising global retail investing demand. By establishing operations in the United Kingdom and Asia, Robinhood broadens revenue streams and reduces reliance on U.S. markets. With strategic acquisitions and regional hubs, Robinhood is well-positioned for sustained growth and a stronger presence in the global fintech landscape.

COIN’s Price PerformanceShares of COIN have lost 16.8% in the year-to-date period, underperforming the industry.

Image Source: Zacks Investment Research

COIN’s Expensive ValuationCOIN trades at a price-to-earnings ratio of 78.19, significantly above the industry average of 17.02.

Image Source: Zacks Investment Research

Estimate Movement for COINThe Zacks Consensus Estimate for COIN’s third-quarter and fourth-quarter 2026 earnings per share (EPS) witnessed southbound movement in the last 30 days. The same holds true for 2026 and 2027.

Image Source: Zacks Investment Research

The consensus estimates for COIN’s 2026 revenues and earnings indicate year-over-year decreases. Nonetheless, the consensus estimates for 2027 revenues and earnings imply year-over-year increases.

COIN stock currently carries a Zacks Rank #5 (Strong Sell).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-09-01 17:18 7d ago
2026-09-01 11:47 8d ago
Coinbase at $188: Just Hold Tight Now
COIN Coinbase
FMP Stock News
Original source text
Coinbase has surged nearly 30% off its post-earnings low, yet the very forces that drove it higher have already started to fade. Before you add a single share, three signals will decide whether this bounce completes its round trip or…

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Coinbase (NASDAQ:COIN | COIN Price Prediction) at $188.12 is a Hold. The largest US crypto exchange has clawed back 28.62% off its post-earnings low, yet sits well below last year’s peak, with no clear setup favoring buyers or sellers.

Coinbase runs the biggest US spot exchange and is expanding into derivatives, prediction markets, stablecoins, staking, and its Base L2. Trading fees still drive revenue, but subscription and services now generate 48% of net revenue, giving the model more ballast than 2022 had.

The path to $188 was violent. Shares peaked near $402 during Q3 2025, then fell 10.59% on the Q2 2026 earnings report as a crypto volume freeze gutted transaction revenue. A one-month rally in BTC and ETH restored the stock while leaving the thesis unresolved.

Bull Case Bulls point to market share. Coinbase hit an all-time high 10.3% share of crypto trading volume in Q2, up from 9.1% in Q1, taking share while the pie shrinks. When volatility returns, operating leverage snaps back hard.

Diversification is working. Stablecoin revenue reached $292 million, average USDC held on the platform hit a $20 billion record, and prediction markets revenue more than doubled sequentially past a $100 million annualized run rate. Management cut full-year adjusted expense guidance by $100 million after a 14% headcount reduction. Analysts remain constructive, with 22 of 34 covering the stock at Buy or Strong Buy.

Bear Case Q2 was ugly. Revenue fell 18.51% year over year to $1.22 billion, missing estimates, and GAAP EPS came in at -$1.36 against a -$0.23 estimate, a 497% miss. Consumer transaction revenue dropped 20% and institutional fell 26%.

Macro headwinds persist. Bitcoin is down 27.93% over one year and Ethereum is off 42.72%, with crypto volatility at multi-year lows starving the fee engine. Assets on platform dropped to $246 billion from $294 billion in a single quarter. Fixed R&D and SG&A can push margins negative when volumes stay depressed for several quarters, and the forward P/E of 909 leaves no room for another cycle miss.

Why Hold Wins Both sides lack conviction here. Restructuring gains still need to translate into sustained margin recovery before the multiple deserves a rerating, and if BTC and ETH consolidate without a breakout catalyst, trading volumes can stay muted. Simultaneously, 14 straight quarters of positive Adjusted EBITDA and a $2 billion buyback offsetting 85%+ of stock comp block the aggressive short case.

Clear tipping points exist. A sustained BTC breakout, Q3 subscription revenue at the high end of the $500 to $580 million guide, or passage of the Clarity Act tilts this to Buy. A second consecutive revenue decline or a break of the $139 Q2 low flips it to Sell.

Valuation Picture COIN trades at $188.12 against an average analyst target of $196.55, implying roughly 4.5% upside if targets are met. Coverage across 34 analysts breaks down as 3 Strong Buy, 19 Buy, 9 Hold, 2 Sell, and 1 Strong Sell.

The stock trades at 7.8x sales and 3.8x book, with a 3.36 beta confirming it moves like a leveraged bet on crypto. Options positioning is calm, with a 0.41 full-chain put/call ratio.

Performance reveals the setup. COIN is up 28.62% over the past month yet down 16.81% year to date and 38.23% over one year, sharply underperforming the S&P 500, which is roughly flat to positive over the same window. The bounce is real; the full round trip remains incomplete.

Hold at $188 The stock is priced for normalized crypto activity that hasn’t materialized. Bulls need volatility, volumes, and a clean subscription beat to justify pushing through the $196 analyst target and reclaiming the 200-day moving average near $195. Bears need a fresh BTC decline or a Q3 miss on the $500 to $580 million subscription guide to break the $139 low. Both outcomes remain unpriced today.

Patience costs little. Reddit sentiment is bullish but thin, options markets show no urgency, and the buyback quietly mops up dilution. Sizing up here means paying full price for a recovery that Q3 earnings will confirm or invalidate within weeks.

Watch three signals into Q3: BTC’s ability to hold above the recent breakout, subscription revenue landing at or above the midpoint of guidance, and adjusted expenses tracking below the FY 2026 midpoint. Hit all three and the Buy case builds itself. Miss two and the Sell case writes itself.

At $188, own what you own, add nothing, and let the next earnings report break the tie.

Contact [email protected] for any questions or corrections.
2026-09-01 14:51 8d ago
2026-09-01 09:28 8d ago
Crypto Stocks Slide as Bitcoin and Ethereum Hold Flat: Circle Internet and Bitmine Fall 4%, Coinbase Drops 3%
COIN Coinbase
FMP Stock News
Original source text
Bitcoin and Ethereum are barely moving this Tuesday, yet the stocks built around them are crashing open sharply lower. A shock from an unexpected corner of the market explains why crypto equities are suddenly trading as if the coins themselves…

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) sit essentially flat this Tuesday morning, yet the equities tied to them are opening sharply lower. It’s the second consecutive session in which crypto stocks have traded independently of the coins they typically shadow, and this time the move runs to the downside rather than higher.

Circle Internet Group (NYSE:CRCL | CRCL Price Prediction) stock is down 4% to $91.80, reversing part of Monday’s 10% rally. Meanwhile, Bitmine Immersion Technologies (NYSE:BMNR) shares are falling 4% to $24.38 after climbing 6% in the prior session. Coinbase Global (NASDAQ:COIN) stock is sliding 3% to $182.20, unwinding a 5% Monday advance.

Passive exposure tells a different story. The iShares Bitcoin Trust ETF (NASDAQ:IBIT) is down 1.41% to $44.04. The Invesco QQQ Trust (NASDAQ:QQQ) is off 1.32% to $707.27, so the three crypto equities are falling harder than either the Bitcoin fund or large-cap tech.

Rates-Driven Risk-Off Hits High-Beta Names The catalyst is in the bond market rather than the crypto tape. A global bond selloff has pushed the 10-year Treasury note yield to 4.79%, above its prior 52-week high of 4.75% set on July 31. Higher long-term yields compress valuations for high-multiple, high-beta stocks, which is exactly the category Circle Internet, Bitmine, and Coinbase occupy.

No fresh company-specific news explains the declines in any of the three names this morning. Monday’s rally was led by a Bitmine treasury disclosure showing holdings of 5,901,112 Ethereum tokens, or 4.9% of total supply, putting it 98% of the way to its stated goal of owning 5% of all Ethereum. This morning brings no comparable Bitmine, Circle Internet, or Coinbase catalyst, and with both Bitcoin and Ethereum up 0.1% over the past 24 hours, the session reads as risk-off positioning working through the highest-beta corner of the market.

The broader tape supports that read. The CBOE Volatility Index or VIX sits at 15.96, a mediuim-volatility reading that argues against a market-wide fear event. Pressure is concentrated in specific pockets, and rate-sensitive corners including unprofitable tech, small caps, and crypto-adjacent equities like Circle Internet, Bitmine, and Coinbase tend to bear the brunt in this setup.

Three Business Models, One Tape The trio does very different things, so a rates shock should not hit them identically. Circle Internet earns reserve income on the short-dated Treasury assets backing USDC, so higher yields are actually a tailwind for the underlying business even as its stock trades lower. Coinbase generates transaction and subscription revenue tied to platform activity, so its results track trading volumes rather than any single coin price.

Bitmine is the pure balance-sheet expression of the group. Its stock tracks the market value of an Ethereum treasury rather than an operating business, so when coins sit flat, there’s nothing to offset a risk-off tape. That concentration cuts both ways, since a future Ethereum decline would reduce Bitmine’s treasury value directly, without any diversified revenue stream to cushion the hit.

Circle Internet deserves special attention in that context. The company’s reserve model means each additional basis point on short-term Treasuries flows toward its bottom line, so today’s selloff in Circle Internet stock runs in the opposite direction of the fundamental setup for Circle Internet’s business. That gap is the kind of dislocation traders remember once yields settle.

Today’s homogeneous reaction across Circle Internet, Bitmine, and Coinbase is what marks the session as positioning-driven rather than fundamentals-driven. It also explains why the equity moves are running several multiples ahead of IBIT and QQQ, both of which face the same rate pressure without the beta profile.

What to Watch The next signal comes from the long end of the curve. If the 10-year yield holds above 4.75% into the afternoon, high-beta names including Circle Internet, Bitmine, and Coinbase could stay under pressure through the close. Investors can watch for signs that the three stocks stabilize once yields settle, which would confirm today’s move as a beta event rather than the start of a crypto-specific rerating.

The morning economic data window and afternoon commentary from Fed officials will shape whether long yields hold near current levels. A yield reversal lower could bring quick relief to Circle Internet, Bitmine, and Coinbase given how tightly they have moved with rates this morning. Extended pressure at the long end would keep the beta trade under strain regardless of what Bitcoin and Ethereum prices do next.

Position sizing should reflect that Circle Internet stock, Bitmine stock, and Coinbase stock all carry beta well above the broader market. Bitmine in particular offers no operating buffer if Ethereum turns lower, so smaller allocations and defined stop levels make sense for anyone taking exposure into a volatile rate backdrop (we wrote a free playbook on keeping speculative positions capped at 5% with real exit rules, here).

Contact [email protected] for any questions or corrections.
2026-08-31 21:51 8d ago
2026-08-31 15:55 9d ago
Cathie Wood of ARK Invest Continues to Scoop up Bargain-Priced Crypto Stocks. Here Are 2 Stocks You Should Be Buying Now.
COIN Coinbase
FMP Stock News
Original source text
Cathie Wood, the founder of Ark Invest, is fiercely bullish on cryptocurrencies. She expects Bitcoin to surge to as high as $1.25 million over the next five years, and Ether to soar to $160,000-$180,000 within the next six years.

We should take those sky-high estimates with a grain of salt. However, Wood is backing those bullish forecasts with some big purchases of crypto stocks across Ark's flagship ETFs. Let's take a closer look at two crypto stocks Wood keeps buying -- Coinbase (COIN +5.31%) and Circle (CRCL +9.65%) -- and see why they're worth nibbling on in this choppy market.

Image source: Getty Images.

Coinbase Coinbase is one of the world's largest cryptocurrency exchanges. It generates most of its revenue from crypto trading fees, so its growth is tightly tethered to the crypto market.

Over the past 12 months, Coinbase's stock declined nearly 40% as fears of rising interest rates, delays in crypto legislation, and other macro headwinds chilled the crypto market. For 2026, analysts expect Coinbase's revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to decline 25% and 61%, respectively.

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But from 2026 to 2028, analysts expect its revenue and adjusted EBITDA to grow at CAGRs of 19% and 63%, respectively. That growth could be driven by the stabilization of the crypto market and the expansion of its Ethereum Layer-2 network, Base, to accommodate more decentralized finance (DeFi) apps, real-world assets (RWAs), and prediction-market trading. Those new services could diversify its business beyond conventional cryptocurrencies.

Moreover, Coinbase will benefit from the passage of the CLARITY Act, which will set clearer rules for stablecoins and other digital assets in the U.S. market. That regulatory clarity should drive more retail and institutional investors to accumulate more cryptocurrencies.

Yet with an enterprise value of $43.5 billion, Coinbase still trades at just 17 times next year's adjusted EBITDA. That's probably why Cathie Wood now holds roughly 2.6 million shares of Coinbase across her Ark Innovation (ARKK +1.16%), ARK Next Generation Internet (ARKW +1.22%), and ARK Fintech Innovation (ARKF +0.54%) ETFs. Today, Ark's Coinbase shares are worth about $486 million, or 4% of its combined holdings.

Circle Circle mints USD Coin (USDC +0.01%), the leading stablecoin in the U.S. and the second largest stablecoin in the world after Tether USD. Most of Circle's revenue comes from reserve income earned on the cash and Treasuries it holds on a 1:1 ratio to back its own stablecoins. Those reserves will grow as Circle mints more stablecoins.

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Over the past 12 months, Circle's stock declined more than 20% -- even as it strengthened its partnerships with financial giants like Visa and Mastercard. The bulls believe more financial institutions will adopt stablecoins -- which are pegged to fiat currencies but can be held and transferred without bank accounts -- as a faster and cheaper alternative to traditional money transfers. They can also be increasingly used by autonomous AI agents.

Circle doesn't face the same crypto headwinds as Coinbase. Instead, rising interest rates are boosting its reserve income yields. The potential passage of the CLARITY Act could make USD Coin a more compelling alternative to U.S. dollars for some investors and financial institutions.

From 2025 to 2028, analysts expect Coinbase's revenue and adjusted EBITDA to grow at CAGRs of 19% and 25%, respectively. With an enterprise value of $19.5 billion, it still looks reasonably valued at 24 times next year's adjusted EBITDA.

Ark holds 4.5 million shares of Circle across the same three flagship ETFs that hold Coinbase. That stake is worth about $446 milion and accounts for nearly 4% of its total holdings.

Should you buy Coinbase and Circle today? Coinbase and Circle could remain volatile this year, especially if interest rates rise and drive investors toward more conservative investments. But they also look historically cheap and could attract a stampede of bulls once the next crypto summer starts. So if you can stomach the near-term volatility, you should consider buying Coinbase and Circle today.
2026-08-31 21:51 8d ago
2026-08-31 16:58 9d ago
Coinbase Stock Forecast: COIN Breakout Could Target $239.60
COIN Coinbase
FMP Stock News
Original source text
Third Test of $139.11 Holds Coinbase Global, Inc. (COIN) stock has been showing signs of strengthening and the potential to complete a long-term bottoming process. A third decline this year tested a key support zone in late-July and eventually produced a rally and signs of strength. The July swing low of $139.11 had already held as support during a decline in February and again later in the year. In addition, it was a support zone during a bearish correction that bottomed in April 2025. The July low followed Q2 2026 earnings the night before and was an area the market had clearly recognized as support previously.

COIN daily chart shows consolidation tested resistance at 200-day moving average. Source: TradingView Double Bottom Reclaims Key Averages Two weeks ago, bullish signals appeared on both the weekly and daily charts. An initial upside breakout of a double-bottom pattern triggered above $181.49, a downtrend line was broken, the 50-day moving average was reclaimed, and the 20-week moving average was reclaimed. Initial attempts to reclaim the 200-week moving average began.

A high of $193.81 for the advance was reached last week, putting COIN up against a resistance zone marked by the 200-day moving average, now near $194.80. If COIN can get above and stay above the 200-day moving average, it will reclaim a key resistance zone that needs to give way before the stock has a chance to go much higher.

COIN weekly chart shows signs of strength from recent bottoms. Source: TradingView Flag Sets Up 200-Day Reclaim For seven days a relatively tight range has formed near resistance at the 200-day moving average and above the previous resistance indicators noted above, showing behavior like a bullish flag. Key support during pullbacks is represented by the rising 20-day moving average at $163.65 and, if the 20-day fails, by the 50-day moving average near $160.88.

A decisive upside breakout above $193.81 would trigger a continuation of the current advance and a reclaim of the 200-day moving average for the first time since November 2025. An initial upside target, if buyers can retain control, is suggested near the 38.2% Fibonacci retracement of a prior decline at $239.60. Given the significance of a sustained reclaim of the 200-day moving average, a higher potential target may follow. In that sense, the same support that held at $139.11 in July now has a matching test overhead: whether COIN can convert the 200-day moving average from resistance into support and confirm that the long-term bottoming process is complete.

If you’d like to know more about technical analysis and how traders use it, please visit our educational area.
2026-08-31 19:25 8d ago
2026-08-31 14:06 9d ago
Bitmine Rises 4% as ETH Holdings Near 5% of Supply, Circle Internet Group Surges 8%, Coinbase Climbs 5%
COIN Coinbase
FMP Stock News
Original source text
Crypto stocks are surging midday even as Bitcoin and Ethereum trade lower, and one company's relentless weekly buying spree is now within striking distance of a milestone no crypto treasury has ever reached.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Crypto-linked equities are climbing midday Monday even as Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) trade lower over the past 24 hours. The bid is led by a fresh treasury update from Bitmine Immersion Technologies (NYSE:BMNR | BMNR Price Prediction), with strength across the stablecoin and exchange complex adding support.

Bitmine Immersion Technologies stock is up 4% to $24.75, Circle Internet Group (NYSE:CRCL) stock is up 8% to $93.83, and Coinbase Global (NASDAQ:COIN) stock is up 5% to $187.03. Over the past month through Friday’s close, Bitmine Immersion Technologies stock was up 43%, Circle Internet Group stock was up 42%, and Coinbase stock was up 12%.

Notably, Bitcoin is down 0.5% to $78,652.35 and Ethereum is down 1.7% to $2,463.58 over the past 24 hours. Today’s equity bid runs independent of the two largest tokens, which is unusual for a session where crypto names typically move in lockstep with the underlying assets.

Bitmine’s Alchemy of 5% Nears the Finish Bitmine Immersion Technologies announced Monday that its holdings of crypto, cash, marketable securities and early-stage “moonshot” investments total $15.6 billion. The company held 5,901,112 Ethereum tokens and 211 Bitcoin, alongside a $180 million stake in Beast Industries, an $81 million stake in Eightco Holdings, and $541 million of cash and marketable securities.

Those tokens are marked at $2,511 apiece and represent 4.9% of the total supply of 120.7 million tokens, putting Bitmine Immersion Technologies 98% of the way to its stated goal of owning 5% of all Ethereum, a program the company calls the “Alchemy of 5%.” Chairman Thomas “Tom” Lee stated, “Over the past week, we acquired 53,501 ETH. Bitmine has bought ETH for each of the past 65 weeks (every week since the inception of the ETH Treasury Strategy on June 30, 2025).”

Three Business Models, One Bid Circle Internet Group is climbing the most while carrying the least direct coin exposure of the three, since its revenue comes largely from reserve income on the assets backing USDC rather than from token price. Coinbase earns transaction and subscription revenue tied to activity levels on its platform, so its results move with volume rather than with any single coin. Bitmine Immersion Technologies is the pure balance-sheet expression of the trade, with its stock tracking the value of an Ethereum stack rather than an operating business. That spread of business models explains why one flat-to-lower session in the coins is producing three different equity outcomes.

The iShares Bitcoin Trust ETF (NASDAQ:IBIT) is up 1% to $44.51. Meanwhile, the CoinShares Bitcoin Mining and Digital Power ETF (NASDAQ:WGMI) is down 0.9% to $42.31, so the same coin backdrop is producing opposite outcomes across the fund complex.

There is no verified company-specific announcement to explain the Circle Internet Group or Coinbase moves in this session. The observable read is a bid across crypto equities running independent of the coins, consistent with Chairman Lee’s framing of the current drawdown as a setup for a V-shaped recovery. Bitmine Immersion Technologies has 86% of its Ethereum stack staked, and management projects annualized staking revenue based on current holdings.

What to Watch Bitmine Immersion Technologies is the largest Ethereum treasury in the world and the second-largest crypto treasury by aggregate size. Only Strategy (NASDAQ:MSTR) sits ahead of it in dollar terms, holding 840,447 Bitcoin valued at $66 billion on its balance sheet. Concentrating a balance sheet in one volatile asset cuts both ways for shareholders, since an Ethereum decline reduces the treasury value directly, and the staking projections assume yields and full participation that may not hold across a full year.

Position sizing matters here. Investors sizing their exposure to Bitmine stock should keep the slot small enough that a further Ethereum drawdown stays survivable at the portfolio level, since the stock’s beta to ETH is close to one on a treasury-value basis (we wrote a whole free playbook on speculating with just 5% of a portfolio, here). Two calendar items sit on the near horizon: Circle Internet Group’s Arc public mainnet is planned for September 16, and Bitmine Immersion Technologies expects to launch its MAVAN staking network in the first calendar quarter of 2026.

The next question is whether Bitcoin and Ethereum reclaim ground into midweek. Bitmine Immersion Technologies, Circle Internet Group and Coinbase are trading higher today without help from either coin, and that decoupling can flip in either direction on the next crypto candle. For traders already exposed to crypto beta through funds like the iShares Bitcoin Trust ETF, sizing any add here matters more than direction, since these three tickers already move faster than the underlying assets.

Contact [email protected] for any questions or corrections.
2026-08-31 11:36 9d ago
2026-08-25 18:00 14d ago
Coinbase CEO weighs California exit over ‘deeply un-American' wealth tax
COIN Coinbase
FMP Stock News
Original source text
Coinbase CEO Brian Armstrong said he is considering exiting California over the state’s “deeply un-American” proposed wealth tax.

During a Tuesday evening appearance on “The Katie Miller Podcast,” Armstrong warned that tech founders are fleeing California over the state’s proposed first-of-its-kind billionaire tax – and hinted his firm, which operates its largest office in San Francisco, might be next in line.

“I think it’s deeply un-American to seize people’s assets. It might be unconstitutional,” said Armstrong, who is worth an estimated $8.8 billion, according to Forbes. 

Coinbase CEO and co-founder Brian Armstrong (right) speaks at a White House event hosted by President Trump last week for crypto industry leaders. AP Photo/Jacquelyn Martin He argued that he has paid “tons of taxes” on his income and has no problem doing so – but that an extra tax on wealth and assets “starts to feel like a third-world country. That is a dangerous, dangerous path to go down.

“It’s against my values, I would say. I think it’s bad for the state and for America. So we’re considering any and all options basically at this point to be, in terms of relocation,” Armstrong said.

The exec added that he wouldn’t be so opposed to additional taxes if there wasn’t so much fraud and waste in the government.

Armstrong told CNBC last week that he’s considering relocating his home out of California by the end of the year.

As of June, Coinbase – an American crypto exchange and wallet platform with venture capitalist powerhouse Marc Andreessen on its board – employed 4,300 workers internationally. 

The company insists it is a remote-first operation – but last May it signed a lease for 150,000 square feet of San Francisco office space. That came just four years after it paid $25 million to break its previous office lease in the same city.

Coinbase also operates offices in New York, North Carolina, London, Singapore, Luxembourg, Dublin and Bangalore, India, as well as many remote positions, according to its website.

It is unclear how many people Coinbase employs in California. The company did not respond to The Post’s requests for comment.

Employees work at Coinbase’s previous San Francisco office space in 2017. Bloomberg via Getty Images Prop 40, California’s proposed billionaire tax, would impose a one-time 5% tax on the net worth of roughly 200 billionaires living in the Golden State. 

Mega-rich techies have pumped millions of dollars into a campaign to kill the tax. Google co-founder Sergey Brin has spent more than $100 million fighting the rule, which would cost him more than $13 billion personally.

Meta founder Mark Zuckerberg reportedly bought a $170 million mansion near Miami this year while venture capitalist Peter Thiel, ex-Uber CEO Travis Kalanick and Google co-founder Larry Page have fled the state.

Even California’s Democratic Gov. Gavin Newsom has opposed the tax, warning it could hurt the state’s economy. Still, he’s backed a “national billionaires’ tax,” saying today’s office worker shouldn’t have to “shoulder a higher tax rate than the heiress.”

Coinbase’s logo was displayed on the Nasdaq jumbotron in Times Square on April 14, 2021 during its market debut. REUTERS Californians are set to vote on the billionaire tax in November. If enacted, 90% of funding it raises would go toward healthcare services in the Golden State, while the remaining 10% would be spent on food assistance and education.

The ballot comes ahead of President Trump’s expected budget cuts next year. The state’s Medicaid program alone is predicted to lose up to $30 billion in federal funding.

Armstrong on Tuesday praised Trump for his friendly approach toward the cryptocurrency industry – while bashing former President Joe Biden and Sen. Elizabeth Warren (D-Mass.).

The Coinbase boss said Trump recognized in 2024 that there was a “massive voter base” of pro-crypto Americans.

Armstrong praised the Trump administration for its crypto-friendly policy approach. Al Drago/POOL via CNP/INSTARimages.com “By the way, it wasn’t just like a good political opportunity,” Armstrong added. “He recognized that for the United States to stay relevant as a financial and technology hub, we have to embrace this … because if not, it’s all going to go offshore.”

“It’s not like you can uninvent crypto at this point, right?  Like someone is going to do it in the world. You can’t just bury your head in the sand. So whether you like crypto or hate crypto, you got to put clear rules in the book so it can be built here in America.”

He accused the Biden administration of “an active campaign to try to curtail or even kill” the crypto industry, adding that Warren “had lots of influence with the financial regulators at that time.”

Last week, Armstrong attended a White House event alongside several other crypto CEOs where Trump pressured Congress to pass the Clarity Act, a crypto regulation bill, by the end of this year.

After Trump’s re-election win, Armstrong attended a Crypto Ball event held at the Mellon Auditorium, down the street from the White House, the weekend of Trump’s inauguration.

A few months later in March, Armstrong sat three seats from Trump at a White House summit for crypto industry leaders.
2026-08-31 11:36 9d ago
2026-08-26 05:00 14d ago
Coinbase CEO Brian Armstrong Thinks a New Crypto Bull Market Is Coming. Here's What History Says.
COIN Coinbase
FMP Stock News
Original source text
Coinbase Global (COIN -6.33%) Chief Executive Officer Brian Armstrong told CNBC on Aug. 20 that he thinks crypto is on the verge of a new bull market. If he's right, now would be the time to finish loading up on any assets, before they start to get pricey.

So, is Armstrong's prediction likely to play out? Let's look at what the historical data says.

Image source: Getty Images.

He makes a good argument Armstrong's rationale for believing that the ongoing crypto bear market is approaching its end is based on three pillars.

First, the current downturn has lasted for 10 months, which is about as long as crypto bear markets have tended to last in the past. On its own, that's not any guarantee of better times coming, though it does suggest -- at least psychologically -- that investors could be ready to believe that rising prices are possible again.

The second part of Armstrong's argument is that the Senate now has a vote scheduled for the Clarity Act, slated for Sept. 15. He's bullish about the bill's chances of passage, and it's probably true that getting legislation that defines the rules of competition in the industry would be a tailwind that could help with exiting the bear market.

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Lastly, he said that Bitcoin (BTC +0.51%) has historically done well during the fourth quarter. Given that its median return in the fourth quarter is 47.7%, he isn't wrong on that point. Ethereum (ETH -0.22%) has also tended to perform well in that period, with a median gain of 22.5%.

The broader idea he's getting at is that Bitcoin has always led the broader crypto sector in the past, with Ethereum following and paving the way for other coins to rally as well.

But things could be different this time; as financial institutions become larger and more important holders of Bitcoin as well as other cryptocurrencies, the old dynamics influencing price action and market structure may not be applicable anymore.

Don't take the timeline too literally Armstrong's prediction is more likely to prove true than false, but that doesn't mean you should try to time the market, even given that the crypto sector has a big catalyst coming up on Sept. 15. Prediction markets imply that the Clarity Act's chances of passing are about 18% or so as of Aug. 24. If the bill isn't passed at that point, Congress could take another go at it later in the year, or in 2027.

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Aside from that, the Securities and Exchange Commission (SEC) has proposed a tailored offering framework called Regulation Crypto Assets, following a joint interpretation it issued with the Commodity Futures Trading Commission (CFTC) in March that sorts crypto assets into a few buckets. The CFTC isn't waiting on Congress, either. Its chairman, Michael Selig, said on Aug. 20 that if the Clarity Act stalls, he has already directed his staff to start building a crypto market-structure regime out of the authority the agency holds today.

So there's a fairly large window for new policies to be implemented and start affecting the function of the market, and they could take longer than investors might hope for.

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Then there's the macro situation, which is especially doubtful right now. The Federal Reserve has opted to hold interest rates steady for five consecutive meetings. But inflation is still well above the Fed's long-term target of 2%. Rate hikes, should they occur, have historically been a wet blanket for crypto, and higher rates might impede or delay the development of a new bull market.

The takeaway here is that investors shouldn't be thinking about the crypto market as something to shovel money into when it's hot and to avoid when it's not.

Carefully accumulating the high-quality assets that the sector has to offer, especially when they're cheap, has typically paid off in the long run. Brian Armstrong's incentive is to spur a new crypto bull market and as soon as possible -- and with a little planning, your portfolio can be ready to flourish whenever it arrives.
2026-08-31 11:36 9d ago
2026-08-26 07:30 14d ago
Better, Coinbase Announce General Availability of First Token-backed, Conforming Mortgage to Expand Homeownership Access for a New Generation of Mortgage Borrowers
COIN Coinbase
FMP Stock News
Original source text
NEW YORK--(BUSINESS WIRE)---- $BETR #BETR--Better Mortgage (NASDAQ: BETR) and Coinbase (NASDAQ: COIN) today announced general availability for Better's token-backed, conforming mortgage product. These first-of-its-kind mortgages will be originated and serviced by Better, powered by Coinbase, and designed in accordance with guidelines from Fannie Mae, making the first lien a standard, conforming mortgage.As part of this offering, if approved for a loan by Better, Coinbase One members will be eligible for a rebat.
2026-08-31 11:36 9d ago
2026-08-26 14:46 14d ago
Coinbase Taps Chainlink to Power Tokenized Stocks on Base
COIN Coinbase
FMP Stock News
Original source text
Key Takeaways Coinbase chose Chainlink as oracle infrastructure for tokenized stocks, enabling continuous pricing data.Base hosts 1:1-backed tokenized shares of Apple, NVIDIA, Meta and Alphabet held in regulated custody.Tokenized stocks could support DeFi collateral, liquidity, lending and new financial products on Base. Coinbase Global (COIN - Free Report) has selected Chainlink as the oracle infrastructure for its tokenized stocks, a move that could expand its role beyond digital representations of listed shares. By providing continuous pricing data, Chainlink can help make these assets usable across finance applications, connecting traditional securities with onchain markets and opening revenue opportunities for both companies.

Coinbase has introduced tokenized versions of stocks such as Apple, NVIDIA, Meta and Alphabet on Base. Each token is a 1:1-backed claim on an underlying share held in regulated custody. Chainlink Data Feeds give developers across the Base ecosystem access to pricing information for these tokenized equities.

Chainlink reports that tokenized equities are among the fastest-growing segments of the real-world asset market, with their value reaching a record $2.3 billion by mid-July 2026. The milestone points to rising demand for blockchain-based access to traditional investments. Coinbase also benefits from Base’s reach, including millions of users and a developer ecosystem.

The opportunity for Coinbase goes beyond transaction fees. If tokenized stocks gain acceptance as collateral in DeFi, they could attract liquidity, lending activity and new financial products to Base. Meanwhile, Chainlink would benefit from growing demand for oracle services. Together, the companies are positioning Base as a marketplace where crypto assets and traditional securities can operate within the same financial system.

What About Peers?Robinhood Markets, Inc. (HOOD - Free Report) launched tokenized stocks in Europe in 2025 and subsequently built Robinhood Chain, an Ethereum-compatible Layer-2 specifically designed to bring traditional assets onchain. Robinhood’s Stock Tokens provide economic exposure to U.S. stocks and ETFs.

Interactive Brokers (IBKR - Free Report) continues to add features that widen its addressable client base and deepen wallet share. Interactive Brokers has added nine new tokens for trading through zerohash and three new tokens through Paxos, while introducing the ability to transfer funds to external wallets via stablecoin.

COIN’s Price PerformanceShares of COIN have lost 20.3% in the year-to-date period, underperforming the industry.

Image Source: Zacks Investment Research

COIN’s Expensive ValuationCOIN trades at a price-to-earnings ratio of 80.85, significantly above the industry average of 17.2.

Image Source: Zacks Investment Research

Estimate Movement for COINThe Zacks Consensus Estimate for COIN’s third-quarter and fourth-quarter 2026 earnings per share (EPS) witnessed southbound movement in the last 30 days. The same holds true for 2026 and 2027.
 

Image Source: Zacks Investment Research
2026-08-31 11:36 9d ago
2026-08-27 01:30 13d ago
PACKING UP?: Coinbase CEO considers California exit over proposed wealth tax
COIN Coinbase
FMP Stock News
Original source text
Former Council of Economic Advisors acting chair Tomas Philipson discusses the impact of California's proposed wealth tax on businesses on ‘The Bottom Line.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #thebottomline #coinbase #brianarmstrong #armstrong #california #wealthtax #taxes #business #economy #investment #cryptocurrency #crypto #democrats #democraticparty #democrat #nationaldebt #government #entrepreneurship
2026-08-31 11:36 9d ago
2026-08-27 06:30 13d ago
1 Former Secretary of Defense Says That the Clarity Act Is a National Security Issue. Here's Why That Could Be Bullish for Crypto.
COIN Coinbase
FMP Stock News
Original source text
As you've probably heard, the crypto sector is poised to see a lot of changes, and soon. The U.S. Senate is scheduled to vote Sept. 15 on the Clarity Act, which would set a wide array of rules for crypto. It's no surprise that crypto companies like Coinbase Global (COIN -6.33%) are lobbying heavily to get their preferred version of the bill passed, and as part of those efforts, they've recruited some friends in high places.

In early August, former Secretary of Defense Mark Esper argued in the Financial Times that passing the Clarity Act is a national security issue for the U.S. He led the Pentagon from 2019 to 2020, and now he's an advisor to Coinbase.

If his argument about the bill takes hold, it could be bullish for crypto. Here's why.

Image source: Getty Images.

This isn't nearly as outlandish an argument as it may seem at first Esper described the Clarity Act as a national security bill because it can be interpreted as something that could either bolster or detract from the relative position of the U.S. in the global financial order.

Essentially, he said that if the crypto industry were left to its own devices, without the guidance and guardrails provided by legislation, crypto capital might flow to jurisdictions where the rules are clearer for financial institutions. While those capital flows would more likely land in neutral or allied nations like the U.A.E. or Singapore than in adversaries as of today, that could change in the future; Esper identified China as being the biggest long-term competitor to potentially benefit.

More broadly, Esper is pointing out that U.S. power in the financial domain relies on control over the payment systems that carry dollars and other U.S. assets, such as Treasuries. The emerging challenge is that it's trivial for blockchains to circumvent existing control mechanisms, rendering them irrelevant.

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This isn't the first time crypto has been positioned as a national security concern, either. During the April 30 House Armed Services Committee hearing, Secretary of War Pete Hegseth said that there were classified programs about Bitcoin that were already active. But the argument for crypto as a security issue is far broader than Bitcoin alone.

State-affiliated hackers from North Korea were responsible for as much as 76% of all hack-related crypto theft during the first four months of 2026, stealing $285 million from one protocol hosted on Solana (SOL -1.02%) and another $292 million from a project hosted on Ethereum (ETH -0.22%). U.S. businesses and individuals had their funds stolen in both cases, and these were not the first such incidents.

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How investors might benefit The Clarity Act would require exchanges, brokers, and other financial institutions that engage with the crypto sector to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations, which would help control the off-ramps stolen funds might use to escape after a breach. It would also expand some of the Treasury Department's powers to include digital assets, which Esper specifically links to helping to mitigate the risk of hacks originating from North Korea and from organized criminal groups.

If there are fewer ways for attackers to escape the crypto sector with the money they stole, there will likely be fewer hacks resulting in a permanent loss of funds.

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As a result, chains with decentralized finance (DeFi) ecosystems, like Solana and Ethereum, are likely to benefit the most if the Clarity Act passes, with larger volumes of institutional capital being more comfortable in allocating to their ecosystem projects. Bitcoin could also benefit; although its immutable and traceable ledger of transactions has long made it a poor choice for conducting criminal activity, further limiting its usefulness in illicit affairs would make it even less risky for financial institutions to hold.

As positive as it would be for the future of the crypto sector, investors should probably lower their expectations of the Clarity Act passing this year. Even with a vote scheduled and a former Secretary of Defense saying it's important for national security, ongoing disagreements over key issues like ethics reforms could push the actual vote into 2027. If that happens, it might be dropped altogether.
2026-08-31 11:36 9d ago
2026-08-27 12:45 13d ago
Coinbase just turned your Bitcoin into a down payment
COIN Coinbase
FMP Stock News
Original source text
Coinbase just opened a mortgage where your Bitcoin collateralizes the down payment, so you never sell it and never trigger a taxable event. Pledge $250,000 in Bitcoin against a $100,000 down payment, and there are no margin calls even if the price collapses.
2026-08-31 11:36 9d ago
2026-08-27 14:51 13d ago
Coinbase Brings Crypto Wealth Into Mainstream Mortgages
COIN Coinbase
FMP Stock News
Original source text
Key Takeaways Coinbase and Better Mortgage launch a nationwide token-backed mortgage that meets Fannie Mae guidelines.June waitlist demand topped $260 million in projected loan volume, with 60% eyeing a home within six months.Borrowers can pledge crypto for a down payment gap without selling holdings, retaining potential appreciation. Coinbase Global (COIN - Free Report) and Better Mortgage have launched the first token-backed conforming mortgage product nationwide. Better Mortgage will originate and service the loans, while Coinbase will provide the digital-asset infrastructure. Structured to meet Fannie Mae guidelines, the product’s first lien functions as a standard conforming mortgage.

The partnership could help Better Mortgage attract customers and distinguish its platform in a difficult housing market. Demand appears encouraging as Better Mortgage and Coinbase’s June waitlist represented more than $260 million in projected loan volume, and 60% of respondents expected to buy a home within six months. Notably, 76% were Coinbase One members, giving the offering access to a large, targeted customer base and potentially reducing reliance on traditional mortgage marketing.

The product also addresses a common barrier to homeownership. Better Mortgage estimates that 41% of its pre-approved customers meet income and credit requirements but lack enough cash for a conventional down payment. Allowing borrowers to pledge crypto assets could bridge that gap without requiring them to sell their holdings, enabling them to retain potential future appreciation. The approach may appeal particularly to younger buyers whose wealth is concentrated in digital assets rather than traditional savings accounts.

For Coinbase, the launch expands crypto’s use beyond trading by bringing digital assets into mortgage underwriting. It also supports the company’s broader push to become an “everything exchange,” offering financial services that connect crypto wealth with real-world spending and borrowing needs.

What About Peers?In a recent endeavor, Robinhood Markets, Inc. (HOOD - Free Report) launched tokenized stocks in Europe in 2025 and subsequently built Robinhood Chain, an Ethereum-compatible Layer-2 specifically designed to bring traditional assets onchain. Robinhood’s Stock Tokens provide economic exposure to U.S. stocks and ETFs.

Interactive Brokers (IBKR - Free Report) continues to add features that widen its addressable client base and deepen wallet share. Interactive Brokers has added nine new tokens for trading through zerohash and three new tokens through Paxos, while introducing the ability to transfer funds to external wallets via stablecoin.

COIN’s Price PerformanceShares of COIN have lost 14.9% in the year-to-date period, underperforming the industry.

Image Source: Zacks Investment Research

COIN’s Expensive ValuationCOIN trades at a price-to-earnings ratio of 78.19, significantly above the industry average of 17.02.

Image Source: Zacks Investment Research

Estimate Movement for COINThe Zacks Consensus Estimate for COIN’s third-quarter and fourth-quarter 2026 earnings per share (EPS) witnessed southbound movement in the last 30 days. The same holds true for 2026 and 2027.
 

Image Source: Zacks Investment Research
2026-08-31 11:36 9d ago
2026-08-27 15:31 13d ago
Coinbase Just Rallied 14% in a Month: Take Profits, or Buy More?
COIN Coinbase
FMP Stock News
Original source text
The crypto-equity complex delivered a striking dispersion over the past month, with Bitcoin-adjacent names capturing wildly different shares of the same underlying rally.
2026-08-31 11:36 9d ago
2026-08-28 20:08 11d ago
Coinbase Stock: Buy or Sell?
COIN Coinbase
FMP Stock News
Original source text
The current administration in the U.S. is working to progress legislation favorable to the cryptocurrency industry.
2026-08-31 11:36 9d ago
2026-08-29 20:00 10d ago
Bitcoin Could Hit $300,000 by 2030, Says Coinbase CEO Brian Armstrong. Here's Why He's Right.
COIN Coinbase
FMP Stock News
Original source text
Bitcoin (BTC +0.51%) rose 25% in August. That's making a lot of investors giddy about where Bitcoin could be headed next. Is the next big breakout coming soon?

Coinbase Global CEO Brian Armstrong seems to think so. Speaking recently on the Fox Business Network, he suggested that it's "very likely" Bitcoin could reach $300,000 to $400,000 by 2030.

Bitcoin's path to $300,000 Of course, a lot will need to go right for that to happen. For one, Bitcoin needs to maintain its upward momentum to end the year around the $100,000 price level. That will likely be enough to regain the attention of retail and institutional investors.

From there, Bitcoin would need to grow at a compound annual growth rate (CAGR) of 31.6% to triple in value to $300,000. And it would need to grow at a 41.4% CAGR to quadruple in value to $400,000.

Image source: Getty Images.

While those are certainly aggressive growth forecasts, they are not entirely out of the question. After all, from August 2017 to July 2026, Bitcoin has grown at a CAGR of 33.6%.

That time period includes several epic collapses, too. For example, in 2018, Bitcoin lost 73% of its value. In 2022, Bitcoin lost 64% of its value. And since October 2025 (when it hit an all-time high of $126,000), Bitcoin is down 36%.

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That's what makes Bitcoin's performance over the past decade all the more impressive. The growth trajectory has never been straight up, and Bitcoin has had to rebound from several significant reversals over the years. But, each time, it has rebounded to a new all-time high.

Going forward, Bitcoin will need a major catalyst to jump-start those 3x or 4x gains. According to Armstrong, the catalyst will be the passage of the Digital Asset Market Clarity Act ("Clarity Act"). This legislation is designed to lift the prospects of the entire crypto market, and Bitcoin is near certain to go along for the ride.

What happened to Bitcoin's $1 million price target? The only problem is that, last year at this time, Armstrong was publicly predicting that Bitcoin would hit $1 million by 2030. At the time, Bitcoin was rocketing to a new all-time high, and the future looked bright indeed.

And it's not only Coinbase that thought Bitcoin would hit $1 million by the end of the decade. Cathie Wood of Ark Invest also suggested that $1 million would be an appropriate price for Bitcoin by 2030.

But now, just about everyone has been forced to scale back their future growth forecasts for Bitcoin after its recent decline. The days of Bitcoin doubling in value, year after year, may be over. Investors will need to be content with 30% to 40% growth rates.

So, if you're looking for a cryptocurrency you can buy and hold for the long haul, Bitcoin is still a potential target. But you may need to wait longer than expected for the final payoff.
2026-08-31 11:36 9d ago
2026-08-30 05:50 10d ago
Coinbase Is Adding Perpetual Futures to Its Base App. Here's What Crypto Investors Need to Know.
COIN Coinbase
FMP Stock News
Original source text
On Aug. 19, Coinbase Global (COIN -6.33%) launched perpetual futures trading inside its Base App, giving eligible users up to 50x leverage across the platform's crypto and tokenized equity markets. The backend of that new feature will be handled by Hyperliquid, a popular and rising decentralized crypto derivatives exchange. That same day, nearly $3 billion in leveraged crypto positions were liquidated, the biggest single-day wipeout since the flash crash of early October 2025.

Those two events are connected. In fact, Coinbase's rollout of perpetuals guarantees that the market will see even more volatility than before -- here's what you should know if you're a crypto holder trying to make sense of what the impact will be.

Image source: The Motley Fool.

This is a good move for Coinbase A perpetual future (or "perp" for short) is a type of financial derivative contract that tracks an asset's price and never expires. Because they are nearly always traded using leverage, they're a handy way to boost an investor's exposure to the price movement of an underlying asset. Coinbase says perps trading currently drives 75% of overall crypto trading volume.

But excessive use of leverage has been a major contributor to financial crashes throughout history. Because applying leverage means borrowing money to squeeze higher returns out of smaller price movements in the underlying asset, investors must provide the exchange with margin to use as collateral for the borrowing, which has consequences.

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Someone making a spot trade might want to sell a cryptocurrency if it loses 10% of its value, which would recoup 90% of their starting capital before any fees. Or they could decide to hold on through the dip, and eventually sell their position at a profit; the price of the coin alone cannot force them to take any action.

On the other hand, if a trader with a 10x leveraged perpetual futures position in the same asset experiences a drop of a little under 10% in price, their position will be automatically liquidated by the exchange, costing them the entire margin backing that position, which also excludes them from the upside of the asset's recovery, if one occurs.

And in both of those scenarios, Coinbase and Hyperliquid capture transaction and trading fees while avoiding most of the primary investment risks.

Perpetuals are hard to access in the U.S. for now Perpetuals in Coinbase's Base App are currently unavailable in the U.S., the U.K., and Canada, though Americans who want to access leveraged trading on Coinbase's main platform already have it, albeit with a 10x leverage cap.

That may change soon enough, given that crypto regulations in the U.S. are currently being overhauled. If it does, more investors will have access to a lot more leverage than before.

Volatility is sure to follow, as smaller sums of capital will be able to make much larger impacts relative to a crypto's market cap than before. That doesn't mean you need to trade perpetuals using lots of leverage in Coinbase's app or anywhere else. They're simply too risky for most investors to bother with.

Owning Coinbase stock, or Hyperliquid's coin, will be sufficient to capture some of the upside of its new perpetuals offerings. Just be aware that as the contracts get more and more popular, the market could be in for a bumpy ride even if the direction of travel is favorable.
2026-08-24 20:09 15d ago
2026-08-24 13:38 16d ago
Coinbase-backed crypto advocacy group endorses 32 industry-friendly midterm candidates
COIN Coinbase
FMP Stock News
Original source text
Stand With Crypto, an advocacy group backed by crypto giant Coinbase, on Monday endorsed 32 incumbent congressional candidates for the November midterm elections, as the industry cements influence in Washington.

The endorsements, first reported by Reuters, come as the Clarity Act, the crypto industry’s top policy priority, stalls in the Senate amid opposition from some lawmakers. All the candidates endorsed voted last year to pass the bill out of the House of Representatives, and Stand With Crypto hopes to return those industry-friendly candidates to office. Crypto companies say the legislation would give them long-sought legal clarity.

Stand With Crypto’s 2026 campaign builds on its 2024 effort, the first cycle that the group was active, Mason Lynaugh, executive director of Stand With Crypto, said in an interview.

Coinbase-backed Stand With Crypto’s endorsements come as the Clarity Act, the crypto industry’s top policy priority, has stalled in the Senate. NHL Studio – stock.adobe.com “In 2024 we were very much proving that the crypto voter is real. In 2026 we’re very much showing that we have the organizing capacity and that our advocates are a true voting bloc that can move the needle,” said Lynaugh.

Coinbase launched Stand With Crypto in 2023 to jumpstart a grassroots advocacy campaign with the goal of advancing pro-crypto legislation. It aims to influence elections by organizing and mobilizing voters rather than through large campaign expenditures.

It says it has more than 3 million registered U.S. “advocates.”

Stand With Crypto endorsed six congressional candidates in March who are running for reelection. Among the new raft of 32 endorsees are some of the industry’s key House allies, including Republicans Tom Emmer, and Bill Huizenga, and Democrats Ritchie Torres and Josh Gottheimer.

The crypto industry has already poured close to $200 million into the November midterm elections, underscoring its muscle in Congress. Getty Images Several of the 32 are running in competitive races, like Arizona Republican Juan Ciscomani and Pennsylvania Republican Brian Fitzpatrick.

“I think we can be the difference maker in some of these,” Lynaugh said. The group said it will announce its Senate endorsements closer to Election Day.

The crypto industry spent $170 million supporting congressional candidates during the 2024 elections, many of ​whom won their races. That helped it score a victory last year when Congress passed the Genius Act, which created rules for dollar-backed crypto tokens called stablecoins, potentially boosting ‌their adoption.

The sector has already poured close to $200 million into the November midterm elections, underscoring its muscle in Congress. Much of that has been directed through Fairshake, a major super political action committee created to support pro-crypto ​candidates.
2026-08-24 17:41 15d ago
2026-08-24 11:24 16d ago
Bitcoin Bounce Boosting This Crypto-Correlated Stock
COIN Coinbase
FMP Stock News
Original source text
Last week’s bitcoin rally, one supported in part by the White House reiterating its pro-cryptocurrency stance while continuing to lean on policymakers to pass the Clarity Act, benefited an array of crypto-correlated stocks, including Coinbase Global (COIN).

Shares of the largest regulated domestic cryptocurrency broker surged more than 25% last week, providing a massive spark to the Direxion Daily COIN Bull 2X ETF (NASDAQ: CONX). CONX, which debuted last November, attempts to deliver returns corresponding with 200% of the daily showing of Coinbase stock.

Said another way, CONX was a great place to be last week. Obviously, last week is in the rearview mirror, but there are reasons why short-term traders may want to continue monitoring CONX. Sure, it should be taken with a grain of salt, but Coinbase CEO Brian Armstrong believes a new cryptocurrency bull market may be afoot. That’d benefit his company’s shares as well as CONX.

Capitalize with CONX
Fears of monetary debasement in the U.S. and data confirming waning Bitcoin volatility could be catalysts for Coinbase and the geared CONX.

“Bitcoin’s volatility, a measure of how quickly prices move up or down, has fallen to multi-year lows relative to traditional equities,” CoinDesk reports. “Historically, the cryptocurrency’s price swung more than five times as violently as the S&P 500. But bitcoin’s 30-day realized volatility has fallen to an annualized 42%, compared with 18% for the S&P 500. That is the narrowest gap on record between the two, meaning bitcoin price swings have become less chaotic than previous cycles.”

Potentially additive to the case for occasional use of CONX is the fact that Coinbase isn’t Bitcoin-dependent as it once was. When the company delivered second-quarter results last month, it told investors “revenue has decoupled from Bitcoin trading fees, 88% of net revenue is non-BTC spot trading.”

As more investors awaken to the fact, it’s possible they’ll come to appreciate Coinbase as much more than a Bitcoin-related stock. It may take time, but those perspectives could change because Coinbase has an impressive portfolio of growing businesses that aren’t reliant on Bitcoin price increases, including a surging prediction markets footprint that could be a catalyst for the stock and CONX in the coming months.

“Prediction markets contracts and revenue more than doubled, growing 106% quarter-over-quarter and crossing $100 million in annualized revenue. A new crypto binaries experience launched late in the quarter drove 3x daily traders and 4x daily revenue vs. May’s daily average,” according to the Coinbase earnings statement.

For more news, information, and strategy, visit the Leveraged & Inverse Content Hub.
2026-08-24 17:41 15d ago
2026-08-24 12:15 16d ago
Coinbase Selects Chainlink To Bring New Tokenized Stocks to Millions of DeFi Users
COIN Coinbase
FMP Stock News
Original source text
Chainlink is delivering continuous pricing for Coinbase Tokenized Stocks as its official oracle infrastructure, enabling millions of Base users to lend, borrow, and trade the largest publicly traded U.S. equities onchain.

, /PRNewswire/ -- Coinbase, the largest publicly traded digital asset exchange in the United States, has selected Chainlink as its official oracle infrastructure powering its newly launched Tokenized Stocks, unlocking utility and distribution across the Base DeFi ecosystem.

Through Chainlink Data Feeds, builders across the Base ecosystem have access to continuous pricing for Coinbase’s tokenized stocks, including NVDAc, METAc, AAPLc, GOOGLc, and more. Through Chainlink Data Feeds, builders across the Base ecosystem have access to continuous pricing for Coinbase's tokenized stocks, including NVDAc, METAc, AAPLc, GOOGLc, and more. This data enables leading DeFi protocols, including lending markets, decentralized exchanges, and structured product platforms, to support tokenized equities as collateral, transforming tokenized equities from standalone tokens into fully composable building blocks.

Coinbase Tokenized Stocks are real equity securities issued as standard B20 tokens on Base. Each token is backed 1:1 by an underlying share held in regulated custody with Alpaca under the Abu Dhabi Global Market (ADGM) framework. With Coinbase as the issuer, Chainlink delivers the essential market data infrastructure required to unlock onchain utility and distribution across the Base ecosystem.

Tokenized equities represent one of the fastest-growing categories of real-world assets, reaching a record $2.3 billion by mid-July 2026. However, without institutional-grade market data, the utility of tokenized equities are limited to simple transfers and swaps. By selecting Chainlink as its official oracle solution, Coinbase is unlocking advanced 24/7 collateral management use cases, enabling millions of Base users to earn yield and borrow against U.S. stocks.

"Base has built one of the most vibrant DeFi ecosystems out there, and Chainlink's oracle infra unlocks new utility for tokenized assets. With institutional-grade market data now live onchain, we're giving millions of users access to financial primitives that, until now, were locked behind traditional gatekeepers. This is the kind of move that positions Base as the go-to chain for real-world assets." — Antonio Garcia-Martinez, Head of Growth, Base.

"Tokenized assets only reach their full potential when the broader ecosystem can build with them across DeFi. We're excited to see Coinbase select Chainlink as its official oracle infrastructure for Coinbase Tokenized Stocks. With Chainlink, Coinbase leverages the secure, reliable pricing data required to unlock the utility and distribution of tokenized stocks across DeFi, while accelerating the convergence of TradFi and DeFi." — Johann Eid, Chief Business Officer, Chainlink Labs

This development marks a major milestone in the convergence of traditional capital markets and onchain finance. As one of the world's most trusted digital asset platforms bringing equities onchain at scale, Coinbase is accelerating mainstream access to the onchain economy, with Chainlink providing the critical infrastructure required to unlock utility and distribution for tokenized stocks across DeFi.

Coinbase Tokenized Stocks are only available in eligible jurisdictions outside of the U.S.

About Coinbase
Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom in the world. The most trusted crypto platform, Coinbase stores more digital assets than any other company and is building the everything exchange — one place to access crypto, equities, derivatives, prediction markets, and more. Coinbase serves consumers through its suite of financial apps, institutions through Coinbase Prime, and developers through the Coinbase Developer Platform. Every experience runs on Coinbase's full-stack platform powering the future of finance: secure custody, deep exchange liquidity, stablecoin infrastructure, and global settlement rails — all built on a decade-plus foundation of security and compliance.

About Chainlink
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and the market leader powering the majority of DeFi. The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.

Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, ANZ, and top protocols such as Aave, Polymarket, Lido, Lighter, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link.

About Base
Base is a blockchain built by Coinbase to power the global onchain economy. Designed for trading, payments, and agents, Base delivers sub-second settlement and sub-cent transaction costs at scale. It is the #1 onchain venue for BTC and ETH spot trading, the leading chain for stablecoin volume, and the dominant rail for agentic payments via the x402 standard. EVM-compatible and trusted by leading institutions, Base is used by millions of people worldwide.

SOURCE Chainlink
2026-08-24 15:16 16d ago
2026-08-24 09:31 16d ago
Coinbase Has Been Choppy All Year: One Analyst Expects Nearly 80% Gains Ahead Anyway
COIN Coinbase
FMP Stock News
Original source text
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Coinbase Global (NASDAQ:COIN | COIN Price Prediction) currently trades at $186.49, while Bernstein analyst Gautam Chhugani carries a Street-high price target of $330 on the stock. That implies roughly 77% upside if his call plays out.

Coinbase runs the largest US crypto exchange plus subscription products, stablecoin revenue tied to USDC, the Base blockchain, and a fast-expanding derivatives and prediction markets business. The company is reinventing itself as a “everything exchange” just as core trading fees shrink.

The consensus target sits far below Bernstein’s number, meaning the bull case is real but not unanimous. Investors must decide whether the choppy tape is a setup or a warning.

A Year of Earnings Misses and Shrinking Volume Three consecutive quarterly disappointments have weighed on the stock. Q2 2026 was the worst, with EPS of -$1.36 against a -$0.2278 estimate, a surprise of -497.01%, and a $359.5 million net loss. Revenue fell 18.51% year over year to $1.22 billion.

Operationally, crypto spot volumes fell 25% quarter over quarter, crypto volatility hit multi-year lows, and Coinbase absorbed $209.5 million in losses on crypto assets held for investment, on top of a $482.4 million hit in Q1. Management disclosed a 14% headcount reduction and $52.4 million in restructuring charges.

The selloff was largely company-specific. Peers exposed to the same crypto cycle held up better, which is why COIN’s roughly 37.89% one-year decline stands out.

Why Bernstein Still Sees a Path to $330 Bernstein’s Chhugani anchors his $330 target on three pillars: structural high-margin revenue growth outside retail trading fees, an ongoing crypto liquidity supercycle tied to spot Bitcoin and Ethereum ETF flows, and regulatory clarity pushing volume from offshore venues onto compliant US rails.

Operational data supports parts of that thesis. Subscription and services revenue held at $555 million in Q2, or 48% of net revenue. Coinbase’s trading market share hit an all-time high of 10.3%, prediction markets crossed $100M annualized, and adjusted EBITDA stayed positive for the 14th consecutive quarter at $207.8 million. CFO Alesia Haas noted that new products are not cannibalizing spot and that Coinbase One subscribers are increasing their trading activity.

The broader Street is less aggressive. Consensus target sits at $194.97, with recent action skewed toward reiterations rather than upgrades. Bernstein’s number remains the outlier on the high end.

Peers Have Held Up Better Than COIN Robinhood (NASDAQ:HOOD) trades at $108.13 against an average target of $119.93, roughly 11% upside. It is down just 4.39% year to date, with coverage heavily buy-tilted at 18 Buy and 4 Strong Buy ratings.

Circle Internet Group (NYSE:CRCL) trades near $87.91 versus a $101.07 consensus target, about 15% upside, and is up 10.95% YTD. Ratings are more evenly split at 11 Buy and 12 Hold, reflecting stablecoin dependency concerns.

The largest analyst-implied upside sits with Coinbase, signaling COIN is the dislocated name within an otherwise steadier sector.

Choppy Tape, Wide Analyst Dispersion Coinbase currently trades at $186.49, down 17.53% year to date against a 12.29% gain for the S&P 500. Shares are up 25.61% over the past week on a bounce off the $139.11 52-week low.

The consensus target of $194.97 implies about 4.5% upside, while Bernstein’s $330 call implies roughly 77%. The 34-analyst panel skews positive:

Strong Buy: 3 Buy: 19 Hold: 9 Sell: 2 Strong Sell: 1 Where I Land on Coinbase Here The bull case rests on crypto volatility being closer to a floor than a ceiling and subscription, stablecoin, and derivatives revenue carrying the model through the trough. The path to Bernstein’s $330 runs through volume recovery, continued 10.3% market share gains, and roughly $600 million in annualized cost cuts hitting the bottom line.

The bear case is that crypto trading is entering a longer structural dry spell. A 3.361 beta, another $209.5 million quarter of investment losses, and a forward P/E north of 833 mean the market is paying a premium for a story that keeps missing near-term numbers.

I lean cautiously constructive. The consensus-versus-Bernstein spread is unusually wide, meaning the reward is asymmetric if the crypto cycle turns. COIN remains a high-beta name whose outcome is tied to the crypto cycle turning.

Contact [email protected] for any questions or corrections.
2026-08-24 15:16 16d ago
2026-08-24 10:45 16d ago
Coinbase: Why This Comeback Isn't A Dead Cat Bounce
COIN Coinbase
FMP Stock News
Original source text
Coinbase Global (COIN) has experienced significant volatility, with a 52-week range from $139 to $402 and a 38% decline over the past year. Despite challenges, COIN has outperformed the benchmark recently, rising 7% since my last coverage versus the benchmark's 2%. I see multiple favorable catalysts forming, and believe headwinds are likely priced in, making COIN's valuation attractive if growth materializes.
2026-08-24 12:48 16d ago
2026-08-24 08:30 16d ago
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.85 Million Tokens, and Total Crypto and Total Cash Holdings of $14.9 Billion
COIN Coinbase
FMP Stock News
Original source text
Bitmine owns 4.8% of the total ETH coin supply of 120.7 million

Bitmine is 97% of the way to the 'Alchemy of 5%' in just 14 months

ETH gained 30% in the past week, the largest weekly gain since May 2025 and July 2021. Both precedent instances were followed by subsequent gains of +170% and +167%, respectively.

Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026

Bitmine's Series A Preferred Stock is trading on the NYSE under the symbol BMNP

Bitmine has 5,067,309 staked ETH, representing $12.4 billion at $2,440 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors

Bitmine owns $89 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI

Bitmine Crypto + Total Cash Holdings & Marketable Securities + "Moonshots" total $14.9 billion, including 5.85 million ETH tokens, total cash & marketable securities of $308 million, and other crypto holdings

Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH

, /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash & marketable securities + "moonshots" holdings totaling $14.9 billion.

As of August 23, 2026 at 2:00pm ET, the Company's crypto holdings are comprised of 5,847,611 ETH at $2,440 per ETH (per CoinbaseNASDAQ: COIN), 210 Bitcoin (BTC), $180 million stake in Beast Industries, $89 million stake in Eightco Holdings (NASDAQ: ORBS) ("moonshots") and total cash & marketable securities of $308 million. Bitmine's ETH holdings are 4.8% of the ETH supply (of 120.7 million ETH).

"ETH gained 30% in the past week. This is the largest weekly gain since May 2025, prior to that it was July 2021. In those two precedent instances, this weekly gain of >30% signaled a launch point for a larger move in ETH. In July 2021, ETH subsequently gained +167% and after May 2025, ETH gained +170%," stated Thomas "Tom" Lee, Chairman of Bitmine. "We expect easing financial conditions to be a tailwind for crypto."

"We believe this upside move in ETH was overdue given the strengthening fundamentals in crypto, the multiple tailwinds of Wall Street tokenization, and agentic-AI. Moreover, the fact that the White House signaled support for crypto and the Treasury buying long-term bonds supported improved risk appetite," stated Lee.

"This ETH/BTC ratio has moved up during crypto bull cycles, driven by increasing use of Ethereum relative to bitcoin. These prior cycles were fueled by ICOs (2017-2018), NFTs (2020-2021), and stablecoins (2025). In this upcoming crypto cycle, we see the ETH/BTC ratio rising, driven by Wall Street tokenizing on the blockchain and by agentic-AI using blockchains," continued Lee.

"Over the past week, we acquired 32,447 ETH. Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025 about 14 months ago," stated Lee.

On July 16, 2026, Bitmine released the latest Chairman's Message (link here) for July 2026. The title of the Message is "ETH is the cure for the Uncanny Valley of Wealth."

Earlier in 2026, Bitmine launched MAVAN (the Made in America VAlidator Network), the institutional-grade staking platform. While MAVAN was originally developed to support Bitmine's own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine's ETH is already staked on the MAVAN platform.

As of August 23, 2026, Bitmine total staked ETH stands at 5,067,309 ($12.4 billion at $2,440 per ETH). "Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $381 million on an annualized basis (using 2.67% 7-day BMNR yield)," stated Lee.

"Annualized staking revenues are now projected at $330 million. And this 5.1 million ETH is 87% of the 5.85 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.67% (annualized)," continued Lee.

Bitmine's crypto holdings reign as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc., which reportedly owns 840,447 BTC valued at approximately $70 billion. Bitmine remains the largest ETH treasury in the world.

Bitmine management believes the GENIUS Act and the Securities and Exchange Commission's (SEC) Project Crypto are as transformational to financial services in 2026 as the US action on August 15, 1971, which ended the Bretton Woods system and took the U.S. dollar off the gold standard 55 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.

The Chairman's message can be found here:
https://www.Bitminetech.io/chairmans-message

The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/ 

To stay informed, please sign up at: https://Bitminetech.io/contact-us/ 

About Bitmine
Bitmine Immersion Technologies, Inc. (NYSE: BMNR), together with its subsidiaries ("Bitmine" or the "Company"), is a blockchain technology infrastructure company operating across institutional digital asset staking and validation services, bitcoin mining, and strategic digital asset management. As the world's leading Ethereum Treasury company, it implements an innovative digital asset strategy for institutional investors and public market participants. The Company provides institutional-grade staking and validation infrastructure—through which it earns staking rewards and validation income—alongside bitcoin mining activities. Bitmine holds digital assets strategically, generating yield on those holdings to support liquidity and capital formation. Since 2025, the Company has expanded its blockchain infrastructure capabilities, including developing and deploying MAVAN, its institutional staking and validation platform. The Company's activities further include investments in early-stage blockchain opportunities ("moonshot" investments) and ancillary mining, hosting, and consulting services.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat

Forward Looking Statements 
This press release contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements include all statements that are not purely historical and can generally be identified by terms such as "expects," "projects," "intends," "plans," "believes," "anticipates," "estimates," "forecasts," "targets," "goals," "may," "will," "would," "could," "should," "view," "see," or similar expressions, or the negative of such terms, or other comparable terminology. This press release specifically contains forward-looking statements regarding, among other things: (i) the Company's goal of acquiring 5% of the total ETH supply (the "Alchemy of 5%" initiative) and statements regarding its progress toward this goal; (ii) the Company's digital asset accumulation and treasury strategy, including statements regarding continued weekly ETH acquisitions and the Company's status as the largest ETH treasury in the world; (iii) the Company's staking operations, including projected annualized ETH staking rewards of approximately $381 million at scale (assuming Bitmine's ETH is fully staked by MAVAN and its staking partners), currently projected annualized staking revenues of approximately $330 million, and the 7-day yield of 2.67% (annualized); (iv) MAVAN's intended expansion to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure, and its intended position as a premier Ethereum staking destination for institutional investors; (v) expectations regarding future ETH price performance, including statements that ETH's recent weekly gain of more than 30% signals "a launch point for a larger move in ETH" and references to subsequent gains of +167% and +170% following prior comparable weekly gains; (vi) management's expectation that easing financial conditions will be "a tailwind for crypto" and that the recent upside move in ETH "was overdue given the strengthening fundamentals in crypto," including the anticipated effects of Wall Street tokenization, agentic-AI, signals of White House support for crypto, and Treasury purchases of long-term bonds; (vii) statements and expectations regarding the ETH/BTC ratio, including that the ratio will rise in the upcoming crypto cycle driven by Wall Street tokenizing on the blockchain and by agentic-AI using blockchains; (viii) management's belief that the GENIUS Act and SEC Project Crypto are "as transformational to financial services" as the end of the Bretton Woods system in 1971, and that the resulting investments will prove better than gold; (x) statements regarding the Company's investment in Eightco Holdings (NASDAQ: ORBS) as providing indirect exposure to OpenAI, and its investment in Beast Industries; and (xi) the future growth, advancement, and strategic direction of the Company's Ethereum treasury strategy, blockchain infrastructure capabilities, and MAVAN staking platform.

These forward-looking statements involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could cause or contribute to such differences include, but are not limited to: the extreme volatility and unpredictability of digital asset prices, including ETH and Bitcoin, and the speculative nature of digital asset investments; the risk that historical ETH price movements, including prior weekly gains and the price appreciation that followed them, will not recur or are not indicative of future performance; the Company's reliance on third-party pricing sources and reported market values in calculating the value of its crypto, cash, marketable securities, and "moonshot" holdings, and the risk that such values fluctuate materially after the date and time referenced in this release; changes in market conditions affecting the trading price of the Company's common stock and Series A Preferred Stock; the Company's ability to successfully execute its digital asset acquisition strategy and achieve its ETH accumulation targets, including the "Alchemy of 5%" goal; the Company's ability to finance its business operations, Ethereum treasury operations, and MAVAN expansion; operational, security, and technological risks associated with the Company's staking and validation operations, including network failures, slashing events, cybersecurity breaches, and protocol changes; the risk that actual staking participation, yields, rewards, and revenues differ materially from the projected amounts described in this release, which are based on a 7-day yield and assume ETH is fully staked at scale; competition in the digital asset treasury, staking, and mining industries; the Company's dependence on key personnel, including executive leadership; regulatory developments affecting digital assets, blockchain technology, and staking activities in the United States and globally, including the ultimate enactment, implementation, and interpretation of the GENIUS Act and other pending legislation and regulatory initiatives; actions by the SEC, CFTC, and other regulatory bodies affecting digital assets and related businesses; risks related to the Company's investments in early-stage blockchain opportunities ("moonshot" investments), including the investments in Eightco Holdings and Beast Industries and any indirect exposure to OpenAI; macroeconomic factors, including inflation, interest rates, Federal Reserve monetary policy, labor market conditions, and general economic conditions affecting investor sentiment toward digital assets; the accuracy of management's expectations regarding the ETH/BTC ratio and the impact of tokenization and agentic-AI applications on Ethereum; the unpredictability of cryptocurrency market cycles and the accuracy of expectations regarding future crypto cycles; changes to the Ethereum protocol, including staking mechanics, validator requirements, and reward structures; risks related to AI systems and their potential impact on cryptocurrency markets and blockchain technology; the performance of third-party service providers, exchanges, custodians, and staking partners; risks related to the concentration of the Company's assets in digital currencies, particularly Ethereum; and the other risk factors described in the Company's filings with the SEC.

The forward-looking statements contained in this press release are based on information available to management as of the date of this release and reflect management's current expectations, estimates, forecasts, projections, views, and beliefs concerning future events and circumstances. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, including those described above and in the Risk Factors section of the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2025 filed with the SEC on November 21, 2025, the Company's Quarterly Reports on Form 10-Q, and the Company's other filings with the SEC, as amended or updated from time to time. Copies of these filings are available on the SEC's website at www.sec.gov and on the Company's website at https://Bitminetech.io/investor-relations/. The Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Bitmine expressly disclaims any obligation or undertaking to update, revise, or supplement any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statements are based, except as required by applicable law or regulation.

SOURCE Bitmine Immersion Technologies, Inc.
2026-08-24 12:48 16d ago
2026-08-24 08:30 16d ago
Bitmine Immersion Technologies anuncia que sus tenencias de ETH alcanzan los 5,85 millones de tokens
COIN Coinbase
FMP Stock News
Original source text
Bitmine Immersion Technologies (BMNR) anuncia que sus tenencias de ETH alcanzan los 5,85 millones de tokens, y que el total de criptomonedas y efectivo en tenencias asciende a 14.900 millones de dólares. Bitmine posee el 4,8 % del suministro total de monedas ETH, que asciende a 120,7 millones.

Bitmine está al 97 % del camino hacia la 'alquimia del 5 %' en tan solo 14 meses.

ETH subió un 30 % la semana pasada, el mayor aumento semanal desde mayo de 2025 y julio de 2021. Ambos casos precedentes fueron seguidos por aumentos posteriores del +170 % y +167 %, respectivamente.

Bitmine se incorporó al índice Russell 1000 Large-cap el 26 de junio de 2026.

Las acciones preferentes de Serie A de Bitmine cotizan en la Bolsa de Nueva York (NYSE) bajo el símbolo BMNP.

Bitmine tiene 5.067.309 ETH en staking, lo que representa 12.400 millones de dólares a un precio de 2.440 dólares por ETH. MAVAN (Made in America VAlidator Network) es un destino líder para el staking de Ethereum para BMNR e inversores institucionales.

Bitmine posee 89 millones de dólares en Eightco (NASDAQ: ORBS), que ahora es una de las pocas acciones cotizadas en bolsa en el mundo que proporciona a los inversores exposición indirecta a OpenAI.

Las criptomonedas de Bitmine, junto con el total de efectivo y valores negociables, y los proyectos "moonshots" suman un total de 14.900 millones de dólares, incluyendo 5,85 millones de tokens ETH, un total de efectivo y valores negociables de 308 millones de dólares y otras tenencias de criptomonedas.

Bitmine sigue contando con el respaldo de un selecto grupo de inversores institucionales, entre los que se incluyen Cathie Wood de ARK, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital y el inversor particular Thomas "Tom" Lee, para apoyar el objetivo de Bitmine de adquirir el 5 % de ETH.

, /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" o la "compañía"), una empresa de redes de Bitcoin y Ethereum centrada en la acumulación de criptomonedas para inversión a largo plazo, anunció hoy que las tenencias de criptomonedas de Bitmine, efectivo total y valores negociables, más proyectos de alto riesgo, ascienden a un total de 14.900 millones de dólares.

A 23 de agosto de 2026 a las 14:00 (hora del este), las tenencias de criptomonedas de la compañía se componen de 5.847.611 ETH a 2.440 dólares por ETH (según CoinbaseNASDAQ: COIN), 210 Bitcoin (BTC), una participación de 180 millones de dólares en Beast Industries, una participación de 89 millones de dólares en Eightco Holdings (NASDAQ: ORBS) ("moonshots") y un total de efectivo y valores negociables de 308 millones de dólares. Las tenencias de ETH de Bitmine representan el 4,8 % del suministro total de ETH (de 120,7 millones de ETH).

 "ETH subió un 30 % la semana pasada. Este es el mayor aumento semanal desde mayo de 2025; antes de eso, el mayor aumento se registró en julio de 2021. En esos dos casos, este aumento semanal superior al 30 % marcó el inicio de un movimiento alcista aún mayor en ETH. En julio de 2021, ETH subió un 167 % y, después de mayo de 2025, un 170 %", explicó Thomas "Tom" Lee, presidente de Bitmine. "Prevemos que la mejora de las condiciones financieras impulsará el mercado de las criptomonedas".

"Creemos que este repunte de ETH era necesario, dado el fortalecimiento de los fundamentos de las criptomonedas, los múltiples factores favorables de la tokenización de Wall Street y la IA con agentes. Además, el hecho de que la Casa Blanca haya manifestado su apoyo a las criptomonedas y que el Tesoro haya comprado bonos a largo plazo impulsó una mayor propensión al riesgo", afirmó Lee.

"Esta relación ETH/BTC ha aumentado durante los ciclos alcistas de las criptomonedas, impulsada por el creciente uso de Ethereum en relación con Bitcoin. Estos ciclos anteriores fueron impulsados por las ICO (2017-2018), los NFT (2020-2021) y las stablecoins (2025). En este próximo ciclo de criptomonedas, vemos que la relación ETH/BTC aumenta, impulsada por la tokenización de Wall Street en la cadena de bloques y por la IA con agentes que utilizan cadenas de bloques", continuó Lee.

"Durante la última semana, adquirimos 32.447 ETH. Bitmine ha comprado ETH todas las semanas desde el inicio de la Estrategia de Tesorería de ETH el 30 de junio de 2025, hace aproximadamente 14 meses", indicó Lee.

El 16 de julio de 2026, Bitmine publicó el último Mensaje del Presidente (enlace aquí) correspondiente a julio de 2026. El título del Mensaje es "ETH es la cura para el Valle Inquietante de la Riqueza".

A principios de 2026, Bitmine lanzó MAVAN (Made in America VAlidator Network), la plataforma de staking de nivel institucional. Si bien MAVAN se desarrolló originalmente para dar soporte a la propia tesorería de Ethereum de Bitmine, su objetivo es expandirse para atender a inversores institucionales, custodios y socios del ecosistema que buscan la mejor infraestructura de staking. Una parte del ETH de Bitmine ya se encuentra en staking en la plataforma MAVAN.

A fecha de 23 de agosto de 2026, el total de ETH apostados en Bitmine asciende a 5.067.309 (12.400 millones de dólares a un precio de 2.440 dólares por ETH). "Bitmine ha apostado más ETH que cualquier otra entidad en el mundo. A gran escala (cuando el ETH de Bitmine esté totalmente apostado por MAVAN y sus socios), la recompensa proyectada por la apuesta de ETH es de 381 millones de dólares anuales (utilizando un rendimiento del BMNR a 7 días del 2,67 %)", destacó Lee.

"Los ingresos anualizados por staking se proyectan ahora en 330 millones de dólares. Y estos 5,1 millones de ETH representan el 87 % de los 5,85 millones de ETH que posee Bitmine. Las operaciones de staking de Bitmine generaron un rendimiento anualizado del 2,67 % en 7 días", continuó Lee.

Las tenencias de criptomonedas de Bitmine se mantienen como la tesorería de Ethereum número 1 y la número 2 a nivel mundial, solo por detrás de Strategy Inc., que según se informa posee 840.447 BTC valorados en aproximadamente 70.000 millones de dólares. Bitmine sigue siendo la mayor tesorería de ETH del mundo.

La dirección de Bitmine cree que la Ley GENIUS y el Proyecto Crypto de la Comisión de Bolsa y Valores (SEC) transformarán los servicios financieros en 2026 tanto como la decisión tomada por Estados Unidos el 15 de agosto de 1971, que puso fin al sistema de Bretton Woods y desvinculó el dólar estadounidense del patrón oro hace 55 años. Este acontecimiento de 1971 fue el catalizador de la modernización de Wall Street, dando origen a los icónicos magnates y las infraestructuras financieras y de pago actuales. Estas inversiones demostraron ser mejores que el oro.

El mensaje del Presidente se puede encontrar aquí:
https://www.Bitminetech.io/chairmans-message

La presentación de resultados del ejercicio fiscal 2025 y la presentación corporativa se pueden encontrar aquí: https://Bitminetech.io/investor-relations/ 

Para mantenerse informado, regístrese en: https://Bitminetech.io/contact-us/ 

Acerca de Bitmine

Bitmine Immersion Technologies, Inc. (NYSE: BMNR), junto con sus subsidiarias ("Bitmine" o la "compañía"), es una empresa de infraestructura de tecnología blockchain que opera en los ámbitos de los servicios institucionales de staking y validación de activos digitales, la minería de bitcoin y la gestión estratégica de activos digitales. Como empresa líder mundial en tesorería de Ethereum, implementa una estrategia innovadora de activos digitales para inversores institucionales y participantes del mercado público. La compañía proporciona infraestructura de staking y validación de nivel institucional, a través de la cual obtiene recompensas por staking e ingresos por validación, además de actividades de minería de bitcoin. Bitmine mantiene activos digitales estratégicamente, generando rendimientos sobre dichas tenencias para respaldar la liquidez y la formación de capital. Desde 2025, la compañía ha ampliado sus capacidades de infraestructura blockchain, incluyendo el desarrollo e implementación de MAVAN, su plataforma institucional de staking y validación. Las actividades de la compañía también incluyen inversiones en oportunidades blockchain en etapa temprana (inversiones "moonshot") y servicios auxiliares de minería, alojamiento y consultoría.

Para detalles adicionales, síganos en X:
https://x.com/bitmnr
https://x.com/fundstrat

Declaraciones prospectivas

Este comunicado de prensa contiene declaraciones que constituyen "declaraciones prospectivas" en el sentido de la Ley de Reforma de Litigios sobre Valores Privados de 1995, según enmendada. Las declaraciones prospectivas incluyen todas las declaraciones que no son puramente históricas y generalmente se pueden identificar por términos como "espera", "proyecta", "tiene la intención", "planea", "cree", "anticipa", "estima", "pronostica", "objetivos", "metas", "puede", "podrá", "podría", "debería", "considera", "vea" o expresiones similares, o la negación de dichos términos, u otra terminología comparable. Este comunicado de prensa contiene específicamente declaraciones prospectivas con respecto a, entre otras cosas: (i) el objetivo de la compañía de adquirir el 5 % del suministro total de ETH (la iniciativa "alquimia del 5 %) y declaraciones con respecto a su progreso hacia este objetivo; (ii) la estrategia de acumulación de activos digitales y tesorería de la compañía, incluidas las declaraciones sobre las continuas adquisiciones semanales de ETH y el estatus de la compañía como la mayor tesorería de ETH del mundo; (iii) las operaciones de staking de la compañía, incluidas las recompensas anuales proyectadas de staking de ETH de aproximadamente 381 millones de dólares a escala (suponiendo que el ETH de Bitmine esté totalmente en staking por MAVAN y sus socios de staking), los ingresos anuales proyectados actuales de staking de aproximadamente 330 millones de dólares y el rendimiento a 7 días del 2,67 % (anualizado); (iv) la expansión prevista de MAVAN para servir a inversores institucionales, custodios y socios del ecosistema que buscan la mejor infraestructura de staking de su clase, y su posición prevista como destino principal de staking de Ethereum para inversores institucionales; (v) expectativas con respecto al rendimiento futuro del precio de ETH, incluidas declaraciones de que la reciente ganancia semanal de ETH de más del 30 % señala "un punto de partida para un movimiento mayor en ETH" y referencias a ganancias posteriores de +167 % y +170 % después de ganancias semanales comparables anteriores; (vi) la expectativa de la gerencia de que la flexibilización de las condiciones financieras será "un viento favorable para las criptomonedas" y que el reciente movimiento alcista en ETH "era necesario dado el fortalecimiento de los fundamentos en las criptomonedas", incluidos los efectos anticipados de la tokenización de Wall Street, la IA con agentes, las señales de apoyo de la Casa Blanca a las criptomonedas y las compras de bonos a largo plazo del Tesoro; (vii) declaraciones y expectativas con respecto a la relación ETH/BTC, incluida la de que la relación aumentará en el próximo ciclo de criptomonedas impulsado por la tokenización de Wall Street en la cadena de bloques y por la IA con agentes que utiliza cadenas de bloques; (viii) la creencia de la gerencia de que la Ley GENIUS y el Proyecto Crypto de la SEC son "tan transformadores para los servicios financieros" como el fin del sistema de Bretton Woods en 1971, y que las inversiones resultantes demostrarán ser mejores que el oro; (x) declaraciones con respecto a la inversión de la compañía en Eightco Holdings (NASDAQ: ORBS) como una exposición indirecta a OpenAI, y su inversión en Beast Industries; y (xi) el crecimiento futuro, el avance y la dirección estratégica de la estrategia de tesorería Ethereum de la compañía, las capacidades de infraestructura blockchain y la plataforma de staking MAVAN.

Estas declaraciones prospectivas implican riesgos e incertidumbres sustanciales que podrían causar que los resultados reales difieran materialmente de los expresados o implícitos. Los factores que podrían causar o contribuir a tales diferencias incluyen, entre otros: la extrema volatilidad e imprevisibilidad de los precios de los activos digitales, incluidos ETH y Bitcoin, y la naturaleza especulativa de las inversiones en activos digitales; el riesgo de que los movimientos históricos del precio de ETH, incluidas las ganancias semanales anteriores y la apreciación del precio que les siguió, no se repitan o no sean indicativos del rendimiento futuro; la dependencia de la compañía de fuentes de precios de terceros y valores de mercado informados para calcular el valor de sus criptomonedas, efectivo, valores negociables y tenencias de "moonshot", y el riesgo de que dichos valores fluctúen materialmente después de la fecha y hora a las que se hace referencia en este comunicado; cambios en las condiciones del mercado que afectan el precio de negociación de las acciones comunes y las acciones preferentes de la Serie A de la compañía; la capacidad de la compañía para ejecutar con éxito su estrategia de adquisición de activos digitales y alcanzar sus objetivos de acumulación de ETH, incluido el objetivo "alquimia del 5 %"; la capacidad de la compañía para financiar sus operaciones comerciales, operaciones de tesorería de Ethereum y expansión de MAVAN; riesgos operativos, de seguridad y tecnológicos asociados con las operaciones de staking y validación de la compañía, incluyendo fallas de red, eventos de slashing, violaciones de ciberseguridad y cambios de protocolo; el riesgo de que la participación real en staking, rendimientos, recompensas e ingresos difieran materialmente de las cantidades proyectadas descritas en este comunicado, que se basan en un rendimiento de 7 días y suponen que ETH está totalmente apostado a gran escala; competencia en las industrias de tesorería, staking y minería de activos digitales; la dependencia de la compañía del personal clave, incluyendo el liderazgo ejecutivo; desarrollos regulatorios que afectan a los activos digitales, la tecnología blockchain y las actividades de staking en Estados Unidos y a nivel mundial, incluyendo la promulgación, implementación e interpretación final de la Ley GENIUS y otras leyes e iniciativas regulatorias pendientes; acciones de la SEC, CFTC y otros organismos reguladores que afectan a los activos digitales y negocios relacionados; riesgos relacionados con las inversiones de la compañía en oportunidades de blockchain en etapa temprana (inversiones "moonshot"), incluidas las inversiones en Eightco Holdings y Beast Industries y cualquier exposición indirecta a OpenAI; factores macroeconómicos, incluidos la inflación, las tasas de interés, la política monetaria de la Reserva Federal, las condiciones del mercado laboral y las condiciones económicas generales que afectan el sentimiento de los inversores hacia los activos digitales; la precisión de las expectativas de la gerencia con respecto a la relación ETH/BTC y el impacto de la tokenización y las aplicaciones de IA con agentes en Ethereum; la imprevisibilidad de los ciclos del mercado de criptomonedas y la precisión de las expectativas con respecto a los futuros ciclos de criptomonedas; cambios en el protocolo Ethereum, incluidos los mecanismos de staking, los requisitos de los validadores y las estructuras de recompensa; riesgos relacionados con los sistemas de IA y su impacto potencial en los mercados de criptomonedas y la tecnología blockchain; el desempeño de los proveedores de servicios de terceros, intercambios, custodios y socios de staking; riesgos relacionados con la concentración de los activos de la compañía en monedas digitales, particularmente Ethereum; y los otros factores de riesgo descritos en los documentos presentados por la compañía ante la SEC.

Las declaraciones prospectivas contenidas en este comunicado de prensa se basan en la información disponible para la gerencia a la fecha de este comunicado y reflejan las expectativas, estimaciones, pronósticos, proyecciones, puntos de vista y creencias actuales de la gerencia con respecto a eventos y circunstancias futuras. Los resultados reales pueden variar sustancialmente de los expresados o implícitos en las declaraciones prospectivas debido a diversos factores, incluidos los descritos anteriormente y en la sección de Factores de Riesgo del Informe Anual de la compañía en el Formulario 10-K para el año fiscal que finalizó el 30 de septiembre de 2025, presentado ante la SEC el 21 de noviembre de 2025, los Informes Trimestrales de la compañía en el Formulario 10-Q y otros documentos presentados por la compañía ante la SEC, según se modifiquen o actualicen periódicamente. Las copias de estos documentos están disponibles en el sitio web de la SEC en http://www.sec.gov y en el sitio web de la compañía en https://Bitminetech.io/investor-relations/. La compañía advierte a los lectores que no depositen una confianza indebida en las declaraciones prospectivas, las cuales solo son válidas a la fecha en que se realizan. Bitmine renuncia expresamente a cualquier obligación o compromiso de actualizar, revisar o complementar las declaraciones prospectivas para reflejar cualquier cambio en sus expectativas o cualquier cambio en los eventos, condiciones o circunstancias en los que se basan dichas declaraciones, salvo que lo exija la ley o la normativa aplicable.
2026-08-24 12:48 16d ago
2026-08-24 08:35 16d ago
Coinbase-backed crypto advocacy group endorses 32 US midterm candidates
COIN Coinbase
FMP Stock News
Original source text
Stand With Crypto, an advocacy group backed by crypto giant Coinbase (COIN.O), on Monday endorsed 32 incumbent congressional candidates for the November midterm elections, as the industry cements ​influence in Washington.

The endorsements, first reported by Reuters, come as the Clarity Act, the ‌crypto industry's top policy priority, stalls in the Senate amid opposition from some lawmakers. All the candidates endorsed voted last year to pass the bill out of the House of Representatives, and Stand With Crypto hopes ​to return those industry-friendly candidates to office. Crypto companies say the legislation would give ​them long-sought legal clarity.

Stand With Crypto's 2026 campaign builds on its 2024 effort, ⁠the first cycle that the group was active, Mason Lynaugh, executive director of Stand With ​Crypto, said in an interview.

"In 2024 we were very much proving that the crypto voter is real. In ​2026 we're very much showing that we have the organizing capacity and that our advocates are a true voting bloc that can move the needle," said Lynaugh.

Coinbase launched Stand With Crypto in 2023 to jumpstart a grassroots advocacy ​campaign with the goal of advancing pro-crypto legislation. It aims to influence elections by organizing ​and mobilizing voters rather than through large campaign expenditures.

It says it has more than 3 million registered U.S. "advocates."

Stand ‌With Crypto ⁠endorsed six congressional candidates in March who are running for reelection. Among the new raft of 32 endorsees are some of the industry's key House allies, including Republicans Tom Emmer, and Bill Huizenga, and Democrats Ritchie Torres and Josh Gottheimer.

Several of the 32 are running in competitive races, ​like Arizona Republican Juan ​Ciscomani and Pennsylvania ⁠Republican Brian Fitzpatrick.

"I think we can be the difference maker in some of these," Lynaugh said. The group said it will announce its Senate endorsements ​closer to Election Day.

The crypto industry spent $170 million supporting congressional candidates during the ​2024 elections, ⁠many of whom won their races. That helped it score a victory last year when Congress passed the Genius Act, which created rules for dollar-backed crypto tokens called stablecoins, potentially boosting their adoption.

The sector ⁠has ​already poured close to $200 million into the November midterm elections, underscoring ​its muscle in Congress. Much of that has been directed through Fairshake, a major super political action committee created to ​support pro-crypto candidates.
2026-08-24 10:23 16d ago
2026-08-24 03:53 16d ago
Ally Financial Inc. Purchases New Shares in Coinbase Global, Inc. $COIN
COIN Coinbase
FMP Stock News
Original source text
Ally Financial Inc. purchased a new position in shares of Coinbase Global, Inc. (NASDAQ:COIN) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 16,000 shares of the cryptocurrency exchange’s stock, valued at approximately $2,339,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of COIN. Ninepoint Partners LP purchased a new stake in Coinbase Global during the 2nd quarter valued at approximately $752,000. Bank of New York Mellon Corp purchased a new position in shares of Coinbase Global in the 2nd quarter valued at approximately $142,995,000. Trust Asset Management LLC grew its stake in shares of Coinbase Global by 4.2% in the 2nd quarter. Trust Asset Management LLC now owns 2,414 shares of the cryptocurrency exchange’s stock valued at $353,000 after purchasing an additional 97 shares during the last quarter. Annex Advisory Services LLC purchased a new position in shares of Coinbase Global in the 2nd quarter valued at approximately $549,000. Finally, Tema ETFs LLC increased its holdings in shares of Coinbase Global by 7.3% in the second quarter. Tema ETFs LLC now owns 4,265 shares of the cryptocurrency exchange’s stock valued at $624,000 after purchasing an additional 290 shares during the period. 68.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth COIN has been the subject of several analyst reports. Cantor Fitzgerald cut their price target on Coinbase Global from $250.00 to $184.00 and set an “overweight” rating for the company in a research note on Monday, August 3rd. UBS Group set a $155.00 price objective on shares of Coinbase Global in a research report on Friday, July 31st. Rothschild & Co Redburn boosted their price objective on shares of Coinbase Global from $254.00 to $263.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. B. Riley Financial cut their price objective on shares of Coinbase Global from $243.00 to $203.00 and set a “neutral” rating for the company in a research report on Monday, June 1st. Finally, The Goldman Sachs Group cut their price objective on shares of Coinbase Global from $198.00 to $173.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Eighteen investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $215.11.

Check Out Our Latest Report on Coinbase Global Insiders Place Their Bets In other Coinbase Global news, CAO Jennifer N. Jones sold 2,051 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $158.15, for a total transaction of $324,365.65. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul Grewal sold 1,960 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $176.88, for a total transaction of $346,684.80. Following the sale, the insider owned 84,753 shares in the company, valued at $14,991,110.64. The trade was a 2.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 59,079 shares of company stock worth $9,138,364. 16.66% of the stock is owned by corporate insiders.

Trending Headlines about Coinbase Global Here are the key news stories impacting Coinbase Global this week:

Positive Sentiment: CLARITY Act optimism is the primary catalyst. President Donald Trump urged Congress to advance the legislation, while Coinbase CEO Brian Armstrong said he expects the bill to receive enough Senate support. A key cloture vote is scheduled for September 15, potentially creating clearer rules for exchanges and digital assets. Why Is Coinbase Stock Surging Friday? Positive Sentiment: Bitcoin’s breakout lifted crypto-linked equities. Bitcoin moved above $77,000 after rising sharply over the prior sessions, boosting expectations for higher trading activity, transaction revenue and retail engagement at Coinbase. Crypto stocks broadly rallied, with COIN among the prominent gainers. Strategy Rallies, MARA Holdings Climbs, Coinbase Jumps as Bitcoin Breaks Out Positive Sentiment: International expansion added support. Abu Dhabi approved Coinbase’s tokenized-securities hub, allowing regulated custody and trading of share-backed tokens in the UAE. The initiative could expand Coinbase’s institutional and tokenization-related revenue opportunities. Coinbase Gets Abu Dhabi Approval for Tokenized Securities Positive Sentiment: Coinbase also expanded its Base App by adding Hyperliquid perpetual futures, increasing the range of eligible crypto markets and potentially supporting trading volume. Coinbase Global Stock Performance NASDAQ COIN opened at $186.49 on Monday. The stock has a market capitalization of $49.20 billion, a price-to-earnings ratio of -48.56 and a beta of 3.36. The business’s 50 day moving average is $158.68 and its two-hundred day moving average is $174.04. Coinbase Global, Inc. has a 12-month low of $139.11 and a 12-month high of $402.16. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 0.45.

Coinbase Global (NASDAQ:COIN – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The cryptocurrency exchange reported ($1.36) EPS for the quarter, missing the consensus estimate of ($0.44) by ($0.92). Coinbase Global had a negative net margin of 15.72% and a positive return on equity of 3.12%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the business earned $5.14 earnings per share. The firm’s quarterly revenue was down 18.5% compared to the same quarter last year. Research analysts expect that Coinbase Global, Inc. will post -0.06 EPS for the current year.

(Free Report)

Coinbase Global, Inc is a U.S.-based company that operates one of the largest cryptocurrency exchange platforms. Founded in 2012 by Brian Armstrong and Fred Ehrsam and headquartered in San Francisco, Coinbase provides technology and infrastructure to buy, sell, store and use a broad range of digital assets. The company became a public company through a direct listing on the NASDAQ in April 2021 and offers services tailored to both retail and institutional customers.

Coinbase’s product portfolio includes its consumer trading platform, a self-custody mobile wallet, and institutional services such as custody, prime brokerage and execution tools.

See Also Five stocks we like better than Coinbase Global VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding COIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Coinbase Global, Inc. (NASDAQ:COIN – Free Report).

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2026-08-24 08:39 16d ago
2026-08-24 08:33 16d ago
Trump v červnu uskutečnil přes tisíc obchodů s akciemi. Mezi nákupy byly Palantir, Berkshire Hathaway, Visa či Mastercard
BRK-B Berkshire Hathaway (B) COIN Coinbase CTAS Cintas FB Meta Platforms HD Home Depot MA MasterCard PLTR Palantir Technologies
Patria Stock News
Original source text
Americký prezident Donald Trump se v nakupování cenných papírů činí i v létě. Z nově zveřejněného finančního přiznání amerického Úřadu pro vládní etiku (Office of Government Ethics) vyplývá, že v červnu provedl více než tisíc transakcí, přičemž celková hodnota obchodů se pohybovala mezi 78 až 263 miliony dolary. Dokument uvádí u jednotlivých transakcí pouze hodnotová pásma, nikoliv přesné částky.

Mezi největší obchody se zařadil prodej podílu v ETF od společnosti Vanguard, jehož hodnota se pohybovala mezi pěti a 25 miliony dolarů. Významné pak byly nákupy akcií společností Berkshire Hathaway, Visa, Mastercard či Cintas, informovala agentura Bloomberg.

Trump, respektive nezávislí manažeři spravující jeho portfolio, provedli také sérii obchodů s akciemi Palantiru. Začátkem června nejprve nakoupili menší objem akcií, následně část pozice během měsíce prodali a po oznámení dohody mezi Spojenými státy a Íránem se k nákupům znovu vrátili, všiml si Bloomberg.

V případě Berkshire Hathaway prezident v polovině června nakoupil akcie v hodnotě až několika milionů dolarů a později část pozice prodal. Třeba u Mety Platforms naopak nejprve prodával v objemu jednoho až pěti milionů dolarů a následně ke konci měsíce opět menší objemy dokupoval. V seznamu obchodovaných společností se objevily rovněž Coinbase či Home Depot.

Podle zveřejněných dokumentů Trump v průběhu celého roku 2025 uskutečnil více než 21 tisíc obchodů s cennými papíry. Jejich souhrnná hodnota se pohybovala mezi 600 miliony a 1,86 miliardy dolarů. V některých případech přiznání ukazuje nákupy a prodeje stejného titulu uskutečněné ve stejný den.

Bílý dům odmítá, že by rozsah obchodní aktivity představoval střet zájmů. Administrativa zdůrazňuje, že investiční portfolio prezidenta spravují nezávislí manažeři bez jeho přímého vlivu. Podle mluvčího Bílého domu Davise Inglea jsou aktiva držena na diskrečních účtech a investována prostřednictvím modelových portfolií, která automaticky kopírují vybrané akciové indexy.

„Ani prezident Trump, ani žádný člen jeho rodiny nemá žádnou možnost řídit, ovlivňovat nebo poskytovat informace ohledně toho, jak je v rámci portfolia investováno nebo kdy jsou investice nakupovány či prodávány. Veškerá investiční rozhodnutí činí výhradně nezávislí manažeři,“ uvedl mluvčí.

Také Eric Trump, výkonný viceprezident Trump Organization a Trumpův syn, už dříve uvedl, že majetek je veden v blind trustu.
2026-08-21 20:12 18d ago
2026-08-21 20:09 18d ago
Zámořské akcie v závěru týdne posílily
AEP American Electric Power ALB Albemarle CNP CenterPoint Energy COIN Coinbase EIX Edison International FCX Freeport-McMoRan HOOD Robinhood MRNA Moderna MRVL Marvell Technology Group
FIO Stock News
Original source text
21.8.2026 22:09

Zámořské akciové trhy během dnešního obchodování vzrostly a zakončily volatilní týden v kladných číslech. Podporu trhům poskytla příznivá makroekonomická data ukazující nejrychlejší tempo růstu podnikatelské aktivity v USA za poslední čtyři roky. Index Dow Jones si připsal 0,98 % na 53277,01 bodu, širší S&P 500 vzrostl o 0,43 % na 7674,36 bodu a technologický Nasdaq Composite zpevnil o 0,43 % na 26180,46 bodu. Z jednotlivých odvětví indexu S&P 500 dosáhly nejvyšších zisků základní materiály s růstem o 2,2 %, následované zdravotní péčí o 1,3 % a zbytnou spotřebou o 1 %. Naopak nejvýraznější pokles zaznamenaly utility, které ztratily 2,3 %, zatímco energie a reality odepsaly 0,2 % a 0 %. Mezi jednotlivými tituly výrazně posílila společnost Robinhood Markets (HOOD) o 14 %, dále pak Moderna (MRNA) o 8,9 %, Freeport-McMoRan (FCX) o 7,7 %, Coinbase Global (COIN) o 8,2 % a Albemarle Corp (ALB) o 6,8 %. Největší propad naopak postihl společnost Marvell Technology (MRVL), jež oslabila o 5,6 %, a nedařilo se ani firmám Sempra (SRE) se ztrátou 5,1 %, Edison International (EIX) o 4,1 %, American Electric Power (AEP) o 3,8 % a CenterPoint Energy (CNP) s poklesem o 3,6 %. Na komoditních trzích mírně vzrostla cena severoamerické lehké ropy WTI o 0,2 % na 87 dolarů za barel, zatímco spotové zlato posílilo o 2,4 % na 4624,69 dolaru za unci. Americký dolar celkově mírně oslabil. Výnos desetiletých amerických vládních dluhopisů vzrostl o tři bazické body na 4,73 %. Výrazný růst zaznamenal bitcoin, jehož cena stoupla o 6,1 % na 77086,77 dolaru.

Index Dow Jones +0,98 % na 53277,01 b.
S&P 500 +0,43 % na 7674,36 b.
Nasdaq Composite +0,43 % na 26180,46 b.

Index S&P 500 +0,43 % na 7674,36 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Základní materiály +2,2 % Utility -2,3 % Zdravotní péče +1,3 % Energie -0,2 % Finanční sektor +1 % Reality 0 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Robinhood Markets (HOOD) +14 % Marvell Technology (MRVL) -5,6 % Moderna (MRNA) +8,9 % Sempra (SRE) -5,1 % Coinbase Global (COIN) +8,2 % Edison International (EIX) -4,1 % Freeport-McMoRan (FCX) +7,7 % American Electric Power (AEP) -3,8 % Albemarle Corp (ALB) +6,8 % CenterPoint Energy (CNP) -3,6 %
Daniel Marván
Fio banka, a.s.
Prohlášení
2026-08-21 19:38 18d ago
2026-08-21 13:19 19d ago
The U.S. Senate Faces a Critical Vote on the Clarity Act on Sept. 15. Coinbase CEO Brian Armstrong Says It Will Pass
COIN Coinbase
FMP Stock News
Original source text
Several weeks ago, most experts believed the Clarity Act faced an uphill battle for passage after the U.S. Senate failed to hold a vote on the crypto legislation before its August recess.

That's because there is very little time once the Senate returns in September before it breaks again in early October for the midterm elections.

However, after some pressure from President Donald Trump, a cloture vote will move forward on Sept. 15, the day after Senators return from the August recess.

The cloture vote would not formally pass the bill, but would end debate and filibuster, paving the way for a formal vote. The cloture vote would require 60 votes to pass, the same number required to ultimately pass the bill, so it could be a strong indication of where things stand.

The fact that a date has been set adds real momentum to the legislation, and Coinbase CEO Brian Armstrong now thinks the Clarity Act will pass, which would be very bullish for Bitcoin (BTC +6.28%).

Image source: Getty Images.

Passage of the Clarity Act could be just what Bitcoin needsIt has been a bleak crypto winter for all cryptocurrencies, including Bitcoin, the world's largest. Even after a 22% rally over the past five days, Bitcoin is still down 12% on the year.

News about the Clarity Act vote is likely responsible for today's rally. The Clarity Act is a sweeping bill that would establish a broader regulatory framework for crypto and, hopefully, clarify regulatory gray areas.

The bill defines what a "mature blockchain" is and helps decipher who has regulatory jurisdiction over certain cryptocurrencies, which has been a major gray area.

Both the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have, at times, claimed jurisdiction over certain crypto markets.

Crypto advocates would prefer that cryptocurrencies not be classified as traditional securities, which are subject to much more stringent regulation.

Today's Change

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6.28

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4,552.98

Current Price

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77,068.00

The Clarity Act would give the CFTC exclusive jurisdiction over the spot markets of "digital commodities." Furthermore, the Clarity Act contains key language regarding stablecoins and the rewards they can offer customers, a controversial issue.

The proposed bill would not allow idle stablecoins to earn yield, which banking industry stakeholders have claimed could lead to significant deposit outflows from the traditional banking system. However, stablecoins could issue rewards for certain activities, such as transactions, similar to credit card reward points.

One of the reasons Bitcoin performed so well shortly after President Donald Trump won the 2024 election is that Trump promised to make the U.S. the crypto capital of the world, in part by establishing regulations that would allow the crypto sector to progress.

The passage of the Clarity Act would allow mainstream financial institutions, businesses, and consumers to engage with crypto with greater certainty and less fear of retribution.

The bill requires 60 affirmative votes in the Senate for passage. Armstrong, a clear advocate for the bill, recently told CNBC he believes passage is likely.

"He (Sen. Majority Leader John Thune) would not have scheduled this on Sept. 15 if he didn't think it would pass," Armstrong said. "I'm pretty optimistic it will get over 60 votes, and I think both sides got 90% or so of what they want."

The odds on Kalshi are less optimistic, with 22% of people betting that the bill gets over 60 votes.

There are 53 Republicans, so seven Democrats would need to support the bill. Democrats have been reluctant to support the bill, calling for additional ethics provisions on how much politicians can invest in crypto entities, particularly after Trump reported massive crypto profits last year.

Banking groups have also expressed concern that the stablecoin legislation doesn't go far enough to protect the banking industry, so the Clarity Act does not appear to be a done deal. But the bill’s fate will certainly become much clearer on Sept. 15.
2026-08-21 19:38 18d ago
2026-08-21 14:30 19d ago
Ca$htag$: COIN Surges with Bitcoin, Prediction Markets Offer Opportunity
COIN Coinbase
FMP Stock News
Original source text
Megan Brantley of @LikeFolio turns to Coinbase (COIN) as it and other stocks tied to Bitcoin rally on revived Clarity Act expectations. The stock is still on a substantial year-over-year decline.
2026-08-21 14:47 19d ago
2026-08-21 08:53 19d ago
S&P 500: Bitcoin Rally Drives Coinbase Higher as Stock Futures Rebound
COIN Coinbase
FMP Stock News
Original source text
Daily September E-mini S&P 500 Index Futures September E-mini S&P 500 Index futures are edging higher early Friday, but trading inside yesterday’s range. This price action typically indicates investor indecision and the potential for increased volatility.

The strongest move the index could make today would be a surge through yesterday’s high at 7746.50 and a breakout over the short-term pivot at 7748.25. This type of move could shift momentum to the upside.

Right now, momentum is pointed toward the downside because the minor trend has turned down. Taking out yesterday’s low at 7657.75 will reaffirm the weakness. This could lead to the support cluster formed by the 50-day moving average at 7583.61 and the short-term 50% level at 7581.25, respectively. We could see a technical bounce on the first test of this area, but if it were to fail, we could see an acceleration to the downside.

What to Watch The 30-year yield is still near 5.24% after eating through Treasury’s one-session relief. Crude held most of its weekly gains. The Fed spent the week making clear another hike is still on the table. Futures are higher Friday morning into a weekend where none of those problems have been resolved.

The S&P is trading inside Thursday’s range with the minor trend down and momentum pointed lower. The support cluster near the 50-day moving average is where the market finds out whether this is a dip buyers want or the start of something larger. Gold cleared its 200-day and is running on the dollar break. Bitcoin gained 23% on the week. The stock market has not earned the same confidence. It is borrowing a bounce from a bond market that has not finished repricing.

More Information in our Economic Calendar.