Data provided by Nasdaq Data Link, a premier source for financial, economic and alternative datasets. Real-time bid and ask information is powered by Nasdaq Basic, a premier market data solution. In contrast, a larger spread suggests lower liquidity, as there are fewer investors willing to negotiate. Often, a smaller spread suggests higher liquidity, meaning more buyers and sellers in the market are willing to negotiate.
Taking Stock
“Coinbase COIN could become one of the top-performing crypto stocks as it targets $950 to $1,550,” Martinez posted on July 20. The recovery reflects broader optimism surrounding crypto markets in 2025. As of this writing, the Coinbase stock traded for $428.75 pre-market. With Coinbase taking the next step in global adoption, all industry participants will be waving their flags for the company, as it leads the way.
- At first, Coinbase only allowed Bitcoin trading but soon began adding other crypto assets.
- The company stands at a crossroads, with opportunities and challenges in equal measure.
- That said, Crypto.com offers a wider selection of cryptocurrencies (400+), so investors who prioritize having access to many different coins and tokens may prefer Crypto.com over Coinbase.
- Long-term growth forecasts, based on cryptocurrency adoption, also influence investment decisions.
- Both companies can be evaluated on their market share, capacity for innovation and user adoption.
Regulatory scrutiny remains a looming presence, and the volatile nature of digital assets can make even the most bullish projections appear optimistic. Oppenheimer, a noted investment firm, recently adjusted its price target for Coinbase from $293 to $395, maintaining an “outperform” rating. The recovery of Coinbase’s stock has not gone unnoticed by xcritical courses scam market analysts, with many offering bullish forecasts. Coinbase’s return to its IPO is a milestone for the company and the broader crypto equity universe.
The initial performance of Coinbase
We make no representations or warranties regarding the advisability of investing in any particular securities or utilizing any specific investment strategies. Insights, news and analysis of the crypto market straight to your inbox Analysts ascribe the broader market surge to improved sentiment toward risk-on assets. Notably, beyond Coinbase’s COIN, most crypto stocks are doing well, including Robinhood’s HOOD.
Fees
This is often done to get an idea of what the public will pay for shares, before going public. However, Coinbase decided to sell shares privately ahead of the IPO on Nasdaq’s private market. Today, the exchange has over 56 million users in more than 100 countries.
What are the fees on Coinbase?
- Coinbase recently announced that they will sell their shares through a direct listing.
- The institutional adoption of crypto-assets and the push for a Bitcoin Exchange-traded fund have boosted the crypto market to top $2 trillion.
- Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency.
- This constituted a 92.6% drop in just over a year, with investors watching the clock until they could break even.
- This is demonstrated by the fact that Coinbase is a crypto-only company that does not allow fiat trading.
It also acts as a digital wallet to store all your cryptocurrencies in one unified site, similar to a bank application. With over 30 million users and more than $30 billion in trading volume, Coinbase has support in 102 countries. Since its launch, it has become the largest centralized crypto exchange in the US. Although Coinbase has been a darling for regulators and has avoided hackers better than most crypto startups, the company has had its fair share of controversy.
Do not infer or assume that any securities, sectors or markets described in this article were or will be profitable. It is not intended to constitute investment advice or any other kind of professional advice and should not be relied upon as such. A direct listing is different https://dreamlinetrading.com/ from a traditional IPO.
What investors should know
“We have more than 30 futures and perps contracts live in the US across asset classes from crypto to commodities to equity indices, with plans to expand to hundreds more contracts over time,” Branzburg said via email. There isn’t a list of stocks that will be tradable at launch as it’s still subject to change, said Coinbase’s head of consumer and business products, Max Branzburg. The main Coinbase app will provide “a simple interface to trade futures and perps, the ability to trade all Solana assets as soon as they’re created, primary token sales, the global launch of the Base App,” according to the blog. This article should not be considered as investment advice, an offer, or an invitation to purchase any products or services. We invite readers to do their research before taking any action related to the company and to take full responsibility for their decisions. These tools help you monitor trends, identify buying and selling opportunities and track external factors influencing Coinbase shares.
Coinbase acts as a gateway to crypto for many retail investors, and the goal for DeFi projects is to now convert that attention into users,” Ajaja shared with BeInCrypto. “As the largest and most public-facing American crypto business, Coinbase’s listing brings further publicity and legitimacy to the entire industry. Rachid Ajaja, CEO and co-founder of AllianceBlock, explains that the listing will also bring much-anticipated legitimacy to the cryptocurrency space. The company ticker will trade as “COIN” on the stock exchange. It is the first fully-fledged cryptocurrency-related company to make this move.
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Coinbase One is a subscription service offering lower trading fees, priority customer support, and a limited-time partner deal. A standard Coinbase brokerage account gets you access to over 250 popular cryptocurrencies, including bitcoin, ethereum, and dogecoin. However, some Coinbase users have reported having difficulty getting in contact with an actual human, as many inquires are routed to the exchange’s online chatbot. Although you can unlock zero trading fees with a Coinbase One membership, there’s a $30 monthly subscription charge. Coinbase’s Lxcriticalg Center provides detailed guides, trading tips, and video tutorials to help beginner crypto traders improve their trading skills.
Coinbase’s value is close to the combined market value of Nasdaq Inc., which runs the Nasdaq Stock Market, and Intercontinental Exchange, which owns the New York Stock Exchange. That puts Coinbase’s market value at $85.78 billion. Shares of Coinbase are listed on the Nasdaq under the ticker “COIN,” and closed at $328.28, up 31% from the $250 reference price set by Nasdaq ahead of the first trade.
In 2021, venture capital firms invested $32 billion into crypto- and xcritical-related firms, and 43 crypto-native companies reached the $1 billion valuation mark, II previously reported. In part, this newly-minted professional group is a by-product of the capital that has poured into crypto start-ups over the past year. Clark said the mandates are “all over the map,” ranging from sales to investor relations both for institutions and financial advisors. “The inspiring purpose-led mission to create economic freedom in the world, in a customer first, automation first approach is a once in a lifetime opportunity to be part of building the next stage of the digital evolution.” (Coinbase declined to comment.)
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If Bitcoin or Ethereum prices drop, the commissions Coinbase earns drop as well, giving it some exposure to the digital currencies’ rise and fall. Even as Coinbase made its trading debut, Federal Reserve Chair Jerome Powell described cryptocurrencies as “vehicles for speculation” in comments to the Economic Club of Washington. Until recently the major financial institutions avoided cryptocurrencies, and Bitcoin is still viewed more as a store of value that as a method of payment.
After its listing, the exchange should release new financial information about the outside capital that flocks to the company. In essence, Coinbase is an online trading platform for crypto assets. As Coinbase prepares to go public, the company has $90 billion in assets and 43 million registered users as of January. “We are empowering users to send and receive payments globally with payment links and invoices, manage crypto assets via Coinbase Advanced, and automate financial workflows with access to Coinbase’s regulated infrastructure,” said a blogpost.
Factors influencing Coinbase’s stock price
Coinbase’s stock price has soared back to its listing day levels, closing at $380 per share, a striking recovery from its 2022 low of $31.55. Whether or not it can stand on its own will come down to a delicate balance of trading volume, regulatory wins, and the company’s ability to diversify beyond its core exchange business. Shares of Coinbase should attract investors who want to get into the cryptocurrency space in addition to, or without buying any coins at all, said Lule Demmissie, president of Ally Invest.
Its mission is to facilitate access to cryptocurrencies by offering intuitive tools and enhanced security. The company stands at a crossroads, with opportunities and challenges in equal measure. As explored in our recent coverage of Coinbase’s U.S. perpetual-style futures launch, the company’s strategic moves continue to bolster investor confidence. This optimistic view aligns with the technical indicators, suggesting that the stock has room to grow. The formation suggests a shift in momentum—buyers gather strength as the pattern unfolds, confirmed when prices breach the so-called neckline.