for trading price

This one definitely caught us off guard. We kept seeing headlines like “ $COIN is at ATHs ” but here’s what we didn’t realize: This is the first time $COIN has actually hit its IPO price (which was set way back on April 14, 2021.) If you bought $COIN during its IPO, this is the first time you’d be in profit. Wild.

💬 10x Research: Coinbase's stock price is approaching the overvaluation threshold, suggesting a short position. 10x Research states that the stock price of the Nasdaq-listed cryptocurrency exchange Coinbase @coinbase ($COIN) is rapidly approaching the overvaluation threshold. Analyst Markus Thielen noted that Coinbase's fundamentals (mainly trading volume) have not kept pace with the rise in stock price, and the stock is quickly nearing the overvaluation threshold, which is a typical characteristic of a "tactical reversal." He added that traders looking to profit from this misalignment might consider going long on Bitcoin while shorting Coinbase, or using options to sell COIN call options and buy #BTC call options, but they should also be aware of the trading risks involved.

MM in 55 mins! - S&P 500 breaks all time high: COIN passes all time high to $380 - Coinbase to launch US Perps trading in July - Robinhood announces instant 2% back on crypto deposits not including USDC

2025 is being hailed as the "Year of Crypto IPOs," with at least five crypto unicorns (e.g., Circle, Kraken, Anchorage Digital) expected to go public via IPOs or SPAC mergers on U.S. stock markets, accelerating the integration of crypto and traditional finance. The rise of crypto-related stocks reflects growing market recognition of blockchain technology and marks the industry's pivotal transition from "wild growth" to "regulated maturity." 1. Surging Market Recognition of Blockchain Firms -Stablecoins Gaining Momentum --Circle's IPO (CRCL): The issuer of USDC saw its shares surge 700% on debut, briefly hitting a $58B market cap, becoming one of Wall Street's most watched IPOs. This signals strong institutional interest in stablecoins as long-term investments. Traditional players like JPMorgan and Bank of America are actively developing stablecoins, while tech giants (PayPal, Stripe) are accelerating adoption, positioning stablecoins as financial infrastructure. -New Valuation Models for Crypto Exchanges --Coinbase (COIN) & Kraken: Coinbase's valuation has shifted from pure "trading volume-driven" to "compliance + product innovation." Kraken, preparing its IPO, now offers tokenized stocks (e.g., Apple/Tesla on-chain), bridging crypto and traditional markets. 2. Regulatory Advancements -U.S. GENIUS Act: Expected passage in August 2025 will establish a federal framework for stablecoins, boosting compliant players like USDC. -Hong Kong’s Stablecoin Ordinance: Effective August 2025, it’s the world’s first dedicated stablecoin law, driving adoption across Asia. 3. Industry Impact -Circle’s IPO sets a precedent for crypto projects embracing public market valuations, with more likely to follow via IPOs/STOs. -Compliance becomes a competitive edge, attracting institutional capital and policy support for long-term growth.