Coinbase Global (COIN) News Today

Coinbase Global, Inc. (COIN) Market Drivers

• Positive Sentiment: Strong chatter on social media highlights COIN’s robust performance in 2025, driven by strategic acquisitions and its growing role in stablecoin adoption, alongside excitement over its S&P 500 inclusion. QuiverQuant: Opinions on 2025 Performance
• Positive Sentiment: Coinbase announced the acquisition of Liquifi, a token management platform used by leading projects like Uniswap Foundation and OP Labs, positioning COIN to streamline token launches. PYMNTS: Coinbase Acquires Liquifi
• Positive Sentiment: Plans to enable 24/7 and perpetual-style futures trading in the U.S. expand Coinbase’s product suite, catering to institutional and retail derivatives demand. Crowdfund Insider: 24/7 Futures Trading
• Positive Sentiment: Universal Digital launched a 2X leveraged ETF on COIN (COIU) in Canada, potentially boosting institutional and retail flows into Coinbase shares. Newsfile: COIU Leveraged ETF Launch
• Positive Sentiment: Wall Street sentiment remains upbeat with eight “Buy” or “Outperform” ratings and a median price target of $400, led by Bernstein’s $510 forecast. QuiverQuant: Analyst Ratings & Targets
• Positive Sentiment: Zacks notes that Coinbase doubled its 2024 marketing spend to fuel user growth and trading volumes, underpinning revenue expansion. Zacks: Sales & Marketing Spend
• Positive Sentiment: Seeking Alpha highlights Coinbase’s trajectory to dominate the institutional crypto market, noting growing custody and prime services. Seeking Alpha: Institutional Crypto Path
• Positive Sentiment: Virtune AB listed its Coinbase 50 Index ETP on Euronext Paris and Amsterdam, expanding European access to COIN exposure. GlobeNewswire: Virtune Coinbase ETP
• Positive Sentiment: Barron’s reports that recent U.S. tax-and-spend legislation, lacking crypto-specific penalties, has buoyed Bitcoin and related equities like COIN. Barron’s: Trump Legislation Boost
• Neutral Sentiment: Hedge fund flows are mixed: major managers like FMR LLC and Jane Street cut stakes significantly, while HSBC, National Bank of Canada and Morgan Stanley added positions. QuiverQuant: Institutional Moves
• Neutral Sentiment: Members of Congress made three $COIN trades (one buy, two sales) recently, a modest volume unlikely to sway stock direction. QuiverQuant: Congressional Trading
• Negative Sentiment: Insiders have sold 100% of their open-market COIN shares in 155 transactions over six months, raising governance and confidence concerns. QuiverQuant: Insider Sales
• Negative Sentiment: Pomerantz LLP launched an investor lawsuit alleging potential claims against Coinbase, adding legal and reputational risk. PR Newswire: Investor Alert
• Negative Sentiment: The Supreme Court rejected Coinbase’s appeal to block IRS access to user data, maintaining regulatory scrutiny and potential compliance costs. Benzinga: IRS Data Access Ruling