Coinbase announces stock trading and new Kalshi-based prediction markets

Coinbase remains the US’ top crypto exchange by volume, with $1.69B of trade per day—behind only Binance and Bybit globally. Coinbase (COIN) has staged an amazing rebound, with its stock price rebounding to its 2021 IPO level and closing on July 7, 2025, at $357.10, a day below its all-time high of $375.07. Insights, news and analysis of the crypto market straight to your inbox Notably, beyond Coinbase’s COIN, most crypto stocks are doing well, including Robinhood’s HOOD.

• Coinbase’s proactive pursuit of regulatory reform and its recent MiCA license in the EU has established it as a global compliance leader, alleviating deep-seated concerns regarding regulatory enforcement.
• For example, Coinbase saw its user base double in just a few months during the peak of the crypto rally, which was a positive sign for potential investors.
• Since its launch, it has become the largest centralized crypto exchange in the U.S.
• It could take years for the revenue to materialize, but Coinbase could take in $210 million from prediction markets and $230 million from tokenized stocks, the analysts wrote.

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• Revenue growth, particularly in diversified segments like staking or subscriptions, reinforces confidence in the company.
• So if the company doesn’t need more cash to run its business, then it may make little sense to pay for it.
• On the other hand, crypto enthusiasts viewed Coinbase’s IPO as a validation of the industry’s potential.
• High levels of volatility can scare investors into selling – or buying – just when they shouldn’t.
• Coinbase’s intuitive platform changed that, and the subsequent rise in wallet addresses is a testament to its influence on market growth.

As the crypto market matures, Coinbase’s financials will continue to be a barometer for the industry’s health and prospects. Users are likely to be more https://xcritical.online/ confident in using a platform that shows consistent revenue growth and profitability. The story of Coinbase is, in many ways, the story of cryptocurrency’s journey from the fringes to the forefront of financial innovation. Coinbase’s intuitive platform changed that, and the subsequent rise in wallet addresses is a testament to its influence on market growth. The IPO was not only a milestone for the company but also for the industry at large, as it provided a valuation benchmark for crypto enterprises.

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In conclusion, while Coinbase’s return to its debut valuation is a noteworthy achievement, the future remains an open book. Its ability to innovate, expand its service offerings, and navigate regulatory landscapes will likely determine its trajectory over the next few years. 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.

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These sector analyses reveal Coinbase’s relative strengths and weaknesses, particularly in terms of innovation or market share. Comparing Coinbase to other players in the technology and finance sector allows for a better understanding of its market position. The technical analysis relies on the study of charts and indicators to anticipate price movements.

Macro data: fewer releases, but still enough to move risk assets

The moves signal that Coinbase is moving beyond its longtime roots as a cryptocurrency company, and are likely to intensify its rivalry with fintech firms like Robinhood. Coinbase already owns a large crypto-native audience, and it wants that customer to stay on its platform for every asset class, even when crypto volumes cool and transaction revenue compresses. “Crypto is updating all financial services,” he said, suggesting that every major asset class will move on-xcritical over time, from prediction markets and equities to commodities, and eventually real-world assets like real estate. The company said Coinbase Business is becoming available to eligible customers in the U.S. and Singapore, and it’s rolling out an expanded API suite spanning custody, payments, trading and stablecoins.

So investors trading in a thin market may wildly swing the price up and down as the market rushes to stake a position or sell one. Coinbase began publicly trading on the Nasdaq stock exchange Wednesday, surging past its initial reference price and opening above $380 per share. For instance, the launch of Coinbase Earn, a platform that educates users about cryptocurrencies while rewarding them with tokens, not only generates revenue but also drives user engagement and retention. The strong demand for Coinbase shares underscored the appetite for crypto-related investments and the belief in long-term revenue growth.

As of March 2021, Coinbase’s valuation peaked at $68 billion, now estimated to be worth around $100 billion, according to outlet Axios. Coinbase Pro offers lower fees, margin trading, and x3 leverage on USD-quoted books. Notably, this platform is not downloadable, it is solely web-based.

Bitcoin slips, crypto stocks suffer steep declines, as tax-loss selling drives action, analysts say

Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after xcritical courses scam the market closes. A newsletter built for market enthusiasts by market enthusiasts. Rachel Lucio is a professional journalist and former financial services consultant with more than 20 years experience writing on national news, local government, business, and law. With its focus on expansion and diversifying, Coinbase may be too volatile for value investors. If digital assets outperform expectations and adoption accelerates, Coinbase’s valuation could climb meaningfully.

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This diversification can help stabilize revenue streams and reduce dependence on transaction fees. Regulatory changes also play a pivotal role in shaping Coinbase’s revenue outlook. Rivals have taken note, with platforms like Binance Academy emerging to offer similar educational resources. This educational approach not only incentivizes user engagement but also helps demystify the complex world of crypto for newcomers. Their massive user bases and established trust could divert potential customers from platforms like Coinbase. It has been able to carve out a niche among traders who prioritize technical analysis and trading strategies.

The US crypto exchange unveiled the updates at its year-end conference, confirming a partnership with prediction markets platfrom Kalshi and new Solana integrations. Coinbase has added stock trading, Kalshi-powered prediction markets, and Solana-based DEX access as it moves toward an “everything app.” The information provided on Inside Bitcoins is for educational and informational purposes only and should not be considered financial, investment, or trading advice. Meanwhile, bitcoin was trading around $88,316 over the weekend—still the dominant driver of sentiment for most “crypto-linked” equities, including COIN.

In the dynamic world of cryptocurrency exchanges, Coinbase has emerged as a prominent player, but it operates in an environment rife with competition. During economic downturns, alternative investments like cryptocurrencies can either be seen as a safe haven or a risky bet. A steady increase in users indicates a growing trust in the platform and, by extension, in cryptocurrencies as a whole. This trend was a strong signal to investors that Coinbase had the potential to sustain growth even in a fluctuating market.

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Competitors have outlined plans to launch or have launched their own prediction market offering this year. Kalshi and main rival Polymarket have announced a series of strategic partnerships this year with companies including Google and UFC. The company laid the groundwork for this new super ecosystem back in July, when it rebranded its wallet app to an “everything app,” adding apps, social networks and chat features in the process. Branzburg said the additions advance Coinbase’s broader goal of building an “everything exchange.” As part of the expansion, Coinbase will integrate with Solana DEX aggregator Jupiter, allowing users to swap Solana tokens directly within the app without leaving the platform. Scams and arbitration narratives can influence brand perception and may resurface during periods of heightened retail trading.

Factors influencing Coinbase’s stock price

The rally has triggered an inverse head-and-shoulders breakout on the weekly chart, suggesting a potential prolonged uptrend that could see prices climb to the $600 range or higher. Editor-in-Chief at Coinpaper, scaling data-driven editorial ops, SEO-led discovery, and audience-first storytelling across crypto, AI, and fintech. Don’t miss out and join our newsletter to get the latest, well-curated news from the crypto world! While COIN’s progress has been incredible—up over 40% in 2025 and 43% for June alone—there are those who warn that the stock is sentiment-driven now and breaking away from fundamentals.

Yet, as history has shown, the cryptocurrency market is nothing if not resilient. Coinbase’s resurgence mirrors the broader ebbs and flows of the cryptocurrency market. However, the broader cryptocurrency market isn’t devoid of challenges.

Robinhood underscored that shift this week by expanding prediction markets into sports-style contracts that resemble parlays and prop bets, and by touting the category as its fastest-growing business by revenue. That includes stocks, a streamlined futures and perpetuals experience, and prediction markets through Kalshi, alongside a tokenization road map aimed at eventually bringing more traditional assets on-xcritical, including equities. Regulatory changes, such as restrictions on certain cryptocurrencies or increased compliance requirements, could reduce trading volumes and increase management costs. Coinbase’s listing on the Nasdaq marked a major milestone in the recognition of cryptocurrencies by traditional finance. For example, restrictions on trading certain cryptocurrencies or enhanced audits can influence investor confidence.

Volumes have fallen 12% month-to-month since April, and Q revenue fell 18% year-over-year, more to be lost if crypto markets turn back. Still, the recent price surge feels vindicating for Coinbase investors who weathered multiple crypto winters, regulatory lawsuits, and brutal selloffs. The Coinbase exchange went public in 2021, when its COIN stock made its landmark debut on the public markets in one of the biggest IPOs (Initial Public Offerings). Cryptocurrency markets have historically been deeply cyclical, with long periods of low prices and depressed trading volume. As a long-term investment, Coinbase is probably more suited for investors with a high risk tolerance, as analysts predict ups and downs for the stock over the long-term. Ultimately, Coinbase’s outlook hinges on whether cryptocurrency achieves wider global integration and institutional adoption, or whether regulatory and competitive pressures dampen demand.

Trading under the ticker “Coin”, the company did not opt for a standard initial public offering (IPO). It is clear that Coinbase’s future still holds many uncertainties, which may be a significant reason for the subdued market performance. From a business coverage perspective, Coinbase’s comprehensive expansion could indeed generate more revenue, but this is merely an ideal, and reality may differ.