US EditionCoinbase Stock Soars To All-Time High On Landmark Crypto Legislation - Coinbase Global (NASDAQ:COIN)
UNITED STATES, JUL 18 – The US House passed the GENIUS and CLARITY Acts, boosting investor confidence and pushing Coinbase stock to an all-time high with market cap surpassing $100 billion.
- On July 18, Coinbase, the largest US exchange, soared to a record $436, reflecting renewed investor confidence after legislative wins.
- Following the bill approvals, the House of Representatives passed the CLARITY Act to establish a framework for digital asset markets, setting the stage for a market rally.
- Amid the rally, Robinhood Markets Inc. hit a new all-time high above $113 early Friday, remaining 3% up on the day and 180% this year, supported by heavy trading momentum.
- This surge pushed the crypto market past a $4 trillion cap, while Coinbase’s stock hit $444 and topped $100 billion in valuation.
- Next, Coinbase share price action will depend on what happens in the crypto market in the coming months.
12 Articles
12 Articles
CLARITY Act Crypto Staking Faces Resistance from States
Crypto company Coinbase is raising concerns about how some U.S. states are handling crypto staking rules. Paul Grewal, Coinbase’s Chief Legal Officer, says that many state agencies are ignoring an important part of the new CLARITY Act. This act clearly states that staking-as-a-service is not a security. Yet, some states continue to go after Coinbase and other crypto firms. Grewal wants regulators to follow the federal law and bring consistency t…
Coinbase Stock Hits All-Time High as Bitcoin Rally Lifts COIN Toward $500 - The Market Periodical
Key Insights: Coinbase stock price surged and reached an all-time high this week. The surge happened because of the ongoing crypto market rally. Technicals suggest that the coin will jump and cross $500. Coinbase stock price continued its strong bull run this week and reached its all-time high. It surged to $443, giving it a peak market capitalization of $110 billion. This article explores whether the COIN share price will continue the momentum…
Coinbase's shares finally managed to exceed the price peaks of its first day on the US$430 stock exchange. Regulatory clarity and the new Base app fuel the price rebound. *** Coinbase's shares finally managed to exceed the maximum set in 2021. On their first day on the stock exchange they were traded at almost US$430. Four years later, they revisit the brand. They surpassed the previous maximum of 2021 to set a new record of US$444. Regulatory c…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
To view factuality data please Upgrade to Premium
