Coinbase Global Inc

TradingKey - On Friday, September 18 (ET), futures tied to the three major U.S. stock indices were mixed in pre-market trading. The pullback in international oil prices eased inflationary pressures, while the Federal Reserve's rate hike further bolstered its policy credibility. Coupled with a marginal cooling of Middle East tensions, market risk appetite improved significantly. Nvidia's optimistic earnings outlook also drove a rebound in the technology and chip-related sectors.

TradingKey - On September 18, U.S. crypto and digital asset stocks generally rose in pre-market trading, with Robinhood (HOOD) up 3.71%, Coinbase (COIN) up 3.53%, and Gemini Space Station up 1.81%.

The procedural vote on the Clarity Act failed, sending Bitcoin below $75,000 and causing crypto stocks to plunge across the board.

TradingKey - On September 15, Eastern Time, the three major U.S. stock indices fell for a second consecutive trading session. International oil prices surged again, and the 10-year U.S. Treasury yield rose to its highest level since 2007, while investors awaited the Federal Reserve's interest rate d

On the day before a crucial Senate procedural vote on the CLARITY Act, Cathie Wood's ARK Invest trimmed its exposure amid a broad rally in crypto stocks, offloading approximately $65 million in crypto-related positions in a single day. The reductions were almost across the board, ranging from its own ARK 21Shares Bitcoin ETF (ARKB) to Coinbase (COIN), Circle (CRCL), BitMine (BMNR), and Bullish (BLSH).

TradingKey - On Tuesday (September 15) Eastern Time, futures on the three major U.S. stock indexes fell across the board in pre-market trading. The 10-year U.S. Treasury yield breached 5%, reaching its highest level since 2007. Rising oil prices, expanding government debt, and financing demand for AI infrastructure combined to shock global bond markets, noticeably dampening investor risk appetite.

TradingKey - On September 15, US crypto-related stocks generally moved lower in pre-market trading. Coinbase (COIN) and MicroStrategy (MSTR) dropped over 4%; Bit Digital (BTBT), Riot Platforms (RIOT), and MARA Holdings (MARA) fell more than 2%; and Hut 8 (HUT) and CleanSpark (CLSK) slid over 1%. Meanwhile, Bitcoin dropped about 1.67% over the past 24 hours, falling below $76,700, as the market awaits a procedural vote in the US Senate on the CLARITY Act.

Ahead of the vote on the Clarity Act, Cathie Wood heavily offloaded crypto stocks, cashing out over $60 million.

Coinbase briefly broke above $180, with the potential to rise a further 22% if it can hold this level.

TradingKey - On Friday, August 21, Eastern Time, futures on the three major U.S. stock indices rebounded in pre-market trading as the market attempted to recover from the sell-off in the previous session triggered by rising bond yields and weak retail stocks. Bitcoin extended its strength and sentiment toward tech stocks recovered slightly; however, as the 10-year U.S. Treasury yield neared 4.7% again, combined with Middle East tensions and the approaching Jackson Hole Economic Symposium next week, overall market sentiment remains cautious.