0
0
Generated News

Coinbase Stock Soars to New All-Time High

The surge follows GENIUS Act passage, Base app rebrand, and pro-crypto momentum.
0
0
Jul 18, 20251 min read

Coinbase shares rallied to record highs—surpassing $444 intraday—driven by stablecoin regulation, Congressional clarity, and renewed optimism around its Base “everything app” strategy.

What’s the Scoop?

  • Record-Breaking Rally: COIN hit a new intraday peak near $444, entering the elite $100 billion+ market-cap club—pushing gains over 60% year-to-date.
  • Policy Momentum: The House passed key bills (GENIUS Act, Clarity Act), with the GENIUS stablecoin measure now headed to the President, fueling institutional confidence.
  • Product & Network Tailwinds: Coinbase’s Base rebrand, AI tools, and “everything app” push enhance user engagement and reinforce vertical synergies across payments and social layers.
  • Macro & Regulatory Context: A surge in Bitcoin (> $120K) and the dismissal of SEC lawsuits add to the bullish mix—but COIN faces upcoming earnings and broader macro headwinds.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.