Why Coinbase Global Shares Are Trading Higher By Over 9%; Here Are 20 Stocks Moving Premarket
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 13 2025
0mins
Should l Buy COIN?
Source: Benzinga
Coinbase Inclusion in S&P 500: Coinbase Global, Inc. shares surged by 9.2% in pre-market trading after the announcement that it will replace Discover Financial Services in the S&P 500 index, effective May 19.
Pre-Market Stock Movements: Various stocks experienced significant fluctuations in pre-market trading, with Lichen International Limited rising 133.6% and Polyrizon Ltd. plummeting 92%.
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Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 206.330
Low
230.00
Averages
361.63
High
440.00
Current: 206.330
Low
230.00
Averages
361.63
High
440.00
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the onchain economy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. The Company offers products and services to various customer groups: consumers, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime trading, markets, base protocol and Coinbase wallet. The Company also provides market infrastructure in the form of exchanges for customers to trade spots and derivatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Coinbase: A Simplified Approach to Cryptocurrency Investment
- Market Participation: As one of the largest cryptocurrency exchanges globally, Coinbase holds about 12% of all crypto assets in custody, projected to generate approximately $4.1 billion in transaction revenue by 2025, thereby securing a significant position in the crypto market.
- Diverse Revenue Streams: In addition to transaction revenue, Coinbase also earns around $2.8 billion from subscription and services, indicating the diversity of its business model and its resilience against market fluctuations.
- Investment Strategy Shift: Investing in Coinbase allows investors to focus on the growth of the entire crypto ecosystem rather than picking individual cryptocurrencies, simplifying the investment process and aligning more closely with traditional portfolio construction.
- Risk and Return: While Coinbase's profitability heavily relies on trading activity, which can be affected by market volatility, this approach offers investors more manageable risk control, avoiding the high volatility and uncertainty associated with individual tokens.
See More
Coinbase Partners with Bybit to Advance Asset Tokenization
- Collaboration on Tokenization: Coinbase is reportedly collaborating with Bybit on a significant push into asset tokenization, aiming to bring traditional U.S. equities on-chain, which is expected to provide new investment opportunities for global users and further drive the growth of the digital asset market.
- Technical and Compliance Support: The partnership will focus on tokenized stocks, custody solutions, and distribution infrastructure, with Bybit planning to expand into the U.S. market through a separate entity, expected to provide technology, product infrastructure, and liquidity support while ensuring compliance.
- Market Potential Unveiled: With trading volumes for tokenized stocks reaching approximately $2.87 billion in March, an over 80% increase in just 30 days, and the total number of holders surpassing 200,000, the rapid growth potential of tokenized assets is attracting more investor interest.
- Industry Impact Amplified: Analysts believe such partnerships could significantly expand global access to U.S. assets, leading to a roughly 3% rise in Coinbase's stock price to $211.68, reflecting the market's positive response to this strategic collaboration.
See More
U.S. Stocks Decline Amid Soaring Oil Prices
- Oil Price Surge Impacts Markets: The S&P 500 index fell 0.41%, the Dow Jones Industrial Average dropped 0.31%, and the Nasdaq 100 index declined 0.66% as WTI crude oil prices surged over 5%, indicating market sensitivity to rising energy costs amid doubts about peace talks regarding the Iran war.
- Geopolitical Risks Escalate: Iran's closure of the Strait of Hormuz has raised market concerns, especially following U.S. Navy actions against Iranian tankers, which could exacerbate global oil and fuel shortages, further increasing market uncertainty.
- Earnings Season Continues: So far, 81% of the 48 S&P 500 companies that reported earnings have beaten estimates, with Q1 earnings projected to rise 12% year-over-year; however, excluding the tech sector, the growth is only 3%, indicating signs of overall economic weakness.
- Airline Stocks Under Pressure: Airline and cruise line stocks are broadly down due to rising oil prices, with Norwegian Cruise Line Holdings down over 5% and American Airlines Group down over 4%, reflecting the negative impact of high fuel costs on company profits.
See More
COINBASE GLOBAL INC - NOTIFIES USERS OF DELAYS IN SENDING AND RECEIVING ON TON NETWORK - WEBSITE
- User Experience Issues: Some users of Coinbase are facing delays in sending and receiving transactions on the platform.
- Network Impact: The delays are specifically occurring on the TON network, affecting user interactions with the service.
See More
Bitmine Acquires Over 4% of Total Ethereum Supply
- Ethereum Holdings Surge: Bitmine has acquired over 4% of the total Ethereum supply, totaling 4,976,485 ETH valued at approximately $7.7 billion, demonstrating the company's robust investment capability in the crypto market within just nine months.
- Strong Uplisting Performance: Bitmine successfully uplisted to the New York Stock Exchange from NYSE American on April 9, 2026, becoming the 80th most traded stock in the US with an average daily trading volume of $1.2 billion, reflecting high market recognition of its growth potential.
- Launch of MAVAN Platform: The introduction of MAVAN (Made in America Validator Network) focuses on providing efficient Ethereum staking services for institutional investors, with projected annual rewards of $330 million, further solidifying Bitmine's leadership in the Ethereum staking market.
- Institutional Investor Backing: Bitmine is supported by top institutional investors including Cathie Wood of ARK and Pantera, highlighting its strategic significance and future growth potential in the crypto asset space.
See More
Coinbase Set to Introduce BASED1 Perpetual Futures Trading
- Launch Announcement: Coinbase will launch BASED1 perpetual futures trading on April 20th.
- Market Conditions: The BASED1-PERP market will open in regions where liquidity conditions are met and trading is supported.
See More
Coinbase: A Simplified Approach to Cryptocurrency Investment
- Market Participation: As one of the largest cryptocurrency exchanges globally, Coinbase holds about 12% of all crypto assets in custody, projected to generate approximately $4.1 billion in transaction revenue by 2025, thereby securing a significant position in the crypto market.
- Diverse Revenue Streams: In addition to transaction revenue, Coinbase also earns around $2.8 billion from subscription and services, indicating the diversity of its business model and its resilience against market fluctuations.
- Investment Strategy Shift: Investing in Coinbase allows investors to focus on the growth of the entire crypto ecosystem rather than picking individual cryptocurrencies, simplifying the investment process and aligning more closely with traditional portfolio construction.
- Risk and Return: While Coinbase's profitability heavily relies on trading activity, which can be affected by market volatility, this approach offers investors more manageable risk control, avoiding the high volatility and uncertainty associated with individual tokens.
See More
Coinbase Partners with Bybit to Advance Asset Tokenization
- Collaboration on Tokenization: Coinbase is reportedly collaborating with Bybit on a significant push into asset tokenization, aiming to bring traditional U.S. equities on-chain, which is expected to provide new investment opportunities for global users and further drive the growth of the digital asset market.
- Technical and Compliance Support: The partnership will focus on tokenized stocks, custody solutions, and distribution infrastructure, with Bybit planning to expand into the U.S. market through a separate entity, expected to provide technology, product infrastructure, and liquidity support while ensuring compliance.
- Market Potential Unveiled: With trading volumes for tokenized stocks reaching approximately $2.87 billion in March, an over 80% increase in just 30 days, and the total number of holders surpassing 200,000, the rapid growth potential of tokenized assets is attracting more investor interest.
- Industry Impact Amplified: Analysts believe such partnerships could significantly expand global access to U.S. assets, leading to a roughly 3% rise in Coinbase's stock price to $211.68, reflecting the market's positive response to this strategic collaboration.
See More
U.S. Stocks Decline Amid Soaring Oil Prices
- Oil Price Surge Impacts Markets: The S&P 500 index fell 0.41%, the Dow Jones Industrial Average dropped 0.31%, and the Nasdaq 100 index declined 0.66% as WTI crude oil prices surged over 5%, indicating market sensitivity to rising energy costs amid doubts about peace talks regarding the Iran war.
- Geopolitical Risks Escalate: Iran's closure of the Strait of Hormuz has raised market concerns, especially following U.S. Navy actions against Iranian tankers, which could exacerbate global oil and fuel shortages, further increasing market uncertainty.
- Earnings Season Continues: So far, 81% of the 48 S&P 500 companies that reported earnings have beaten estimates, with Q1 earnings projected to rise 12% year-over-year; however, excluding the tech sector, the growth is only 3%, indicating signs of overall economic weakness.
- Airline Stocks Under Pressure: Airline and cruise line stocks are broadly down due to rising oil prices, with Norwegian Cruise Line Holdings down over 5% and American Airlines Group down over 4%, reflecting the negative impact of high fuel costs on company profits.
See More
COINBASE GLOBAL INC - NOTIFIES USERS OF DELAYS IN SENDING AND RECEIVING ON TON NETWORK - WEBSITE
- User Experience Issues: Some users of Coinbase are facing delays in sending and receiving transactions on the platform.
- Network Impact: The delays are specifically occurring on the TON network, affecting user interactions with the service.
See More
Bitmine Acquires Over 4% of Total Ethereum Supply
- Ethereum Holdings Surge: Bitmine has acquired over 4% of the total Ethereum supply, totaling 4,976,485 ETH valued at approximately $7.7 billion, demonstrating the company's robust investment capability in the crypto market within just nine months.
- Strong Uplisting Performance: Bitmine successfully uplisted to the New York Stock Exchange from NYSE American on April 9, 2026, becoming the 80th most traded stock in the US with an average daily trading volume of $1.2 billion, reflecting high market recognition of its growth potential.
- Launch of MAVAN Platform: The introduction of MAVAN (Made in America Validator Network) focuses on providing efficient Ethereum staking services for institutional investors, with projected annual rewards of $330 million, further solidifying Bitmine's leadership in the Ethereum staking market.
- Institutional Investor Backing: Bitmine is supported by top institutional investors including Cathie Wood of ARK and Pantera, highlighting its strategic significance and future growth potential in the crypto asset space.
See More
Coinbase Set to Introduce BASED1 Perpetual Futures Trading
- Launch Announcement: Coinbase will launch BASED1 perpetual futures trading on April 20th.
- Market Conditions: The BASED1-PERP market will open in regions where liquidity conditions are met and trading is supported.
See More
