Coinbase shares fell 11.45% after Q3 earnings missed revenue estimates, dropping to near 52-week lows amid Bitcoin's decline. Despite this, adjusted EBITDA rose 60% sequentially, and new revenue from prediction markets and derivatives is growing, supporting a bullish price target of $205.24, implying 44.3% upside. Risks include declining spot volumes and regulatory uncertainty, but the stock appears oversold with strong buy ratings and ongoing buyback authorization. Future growth depends on execution of Coinbase's diversification strategy and crypto market conditions.
Following Coinbase's recent earnings report and share price drop, on Pluang the stock trades at USD 143.34, down 1.45% as of Nov 04, 2026 20:21 WIB, close to its 52-week low of USD 137.83. Despite the sell-off, typical hold time on Pluang remains 80 days, with order activity heavily skewed to selling at 94%. Meanwhile, Robinhood shares also declined 2.07% to USD 83.91, showing some broader weakness in financial sector stocks on Pluang.
Coinbase shares rose 5.84% despite recent declines, driven partly by ARK Investment's purchases. Many ETFs, especially ARK's thematic funds, hold significant crypto exposure beyond just Coinbase stock, including bitcoin ETFs and crypto-related compan...
Bitwise CIO Matt Hougan predicts that the upcoming Anthropic IPO could lead to a significant influx of capital into the cryptocurrency market, particularly toward tokenization and stablecoins. While the IPO might initially draw funds away from Bitcoi...
Strategy stock dropped 15% in October amid a sector-wide crypto selloff but outperformed peers Coinbase and MARA, which fell more sharply. Despite a major Binance hack shaking crypto markets, Strategy bought 811 more bitcoin for $65.5 million and rep...
Prediction markets show Democrats have about 93% chance to win the House and 70% for the Senate after the CLARITY Act failed in a Republican Senate. While a Democratic Congress cannot override a presidential veto, it will control committees, investig...
Cryptocurrency-focused super PACs are investing over $200 million in the 2026 U.S. midterm elections to influence lawmakers and push for comprehensive digital asset legislation, following a $250 million spend in 2024 that helped elect pro-crypto cand...
