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Coinbase shares jumped 4.4% to $165.28 as Bitcoin reclaimed $65,000 ahead of the crypto exchange’s Q2 report. Morgan Stanley named COIN a top buy before earnings, calling it one of the few stocks with room to run.
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A FOIA settlement with the SEC couldn't stop Coinbase from sliding nearly 5% in Tuesday trading. Meanwhile, the Clarity Act faces a make-or-break Senate vote, with ethics provisions still dividing the parties.
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Visa’s new stablecoin platform, anchored by the OUSD token, targets over 200 million merchants. Coinbase stock fell 4% in after-hours trading as traditional payments giants muscle into crypto territory.
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Coinbase (COIN) dropped 3.36% in Tuesday trading as media outlets tout it as a top 2025 IPO pick, but analysts remain divided on its valuation and growth outlook. Goldman Sachs stayed cautious, declining to name the crypto exchange in its latest undervalued-stock report.
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A consortium of over 140 banking, payments, and tech heavyweights is launching Open USD, a stablecoin with zero-fee minting and redemption that passes reserve yields back to partners. Coinbase is a founding partner.