Coinbase Outpaces S&P 500 With 43% June Rise as Stablecoin Narrative Grows: CNBC

Coinbase Outpaces S&P 500 With 43% June Rise as Stablecoin Narrative Grows: CNBC

The company's stock performance has been boosted by progress on the GENIUS Act, which could increase revenue for Coinbase through stablecoin-related income.

CoinStats - Coinbase Now Belongs With Goldman, JPMorgan, ...

Coinbase stock price climbed 5.5% to $375.07, marking their highest level since November 2021 and capping a 43% surge in June—the best performance in the S&P 500 this month. Industry experts now liken Coinbase to established finance firms such as Goldman Sachs, JPMorgan Chase, and American Express. Coinbase Stock: Breakout Rally and Market Metrics Coinbase stock has soared in recent weeks. It hit a peak of $382 on June 26 before trimming gains a…

Coinbase Custodies 81% of $140 Billion in Crypto Assets Held by US ETFs

Eight of the top 10 bitcoin-holding public firms rely on Coinbase, which now also custodies an astounding 81% of the $140 billion in crypto assets held by ETFs. $140 Billion in US Crypto ETFs: Coinbase Custodies 81% of Total Crypto exchange Coinbase (Nasdaq: COIN) is increasing its presence in institutional crypto custody, reflecting its expanding... The post Coinbase Custodies 81% of $140 Billion in Crypto Assets Held by US ETFs appeared first …

Coinbase Stock Could Be Overvalued After All-Time High, Analysts Warn – MAXBIT

Cathie Wood’s Ark Invest has scaled back its exposure to Coinbase, selling over $52 million in company shares over two consecutive days last week. The decision came as Coinbase stock soared to a new all-time high, driven by bullish sentiment and growing institutional interest in crypto-linked equities. Coinbase Leads S&P in June but Ark Invest...

Coinbase Outpaces S&P 500 With 43% June Rise as Stablecoin Narrative Grows: CNBC – EMEA Tribune – Latest News – Breaking News – World News

Shares of Nasdaq-listed cryptocurrency exchange Coinbase (COIN) rose 43% this month, making the firm the top performer in the S&P 500 since it joined the […] Source

Coinbase Outpaces S&P 500 With 43% June Rise As Stablecoin Narrative Grows: CNBC - Data Intelligence

Shares of Nasdaq-listed cryptocurrency exchange Coinbase June’s run is already the stock’s best since November and caps three straight monthly gains. Coinbase’s shares reached their highest level since their public debut. COIN hit a $382 high this week before enduring a slight correction, ending the week at $353 and seeing a slight 0.7% drop in after-hours trading to $351. The wider S&P 500 index rose roughly 5% in June as geopolitical tensions …