COIN
Coinbase Global, Inc.
September 18, 2026 · pre-market open
- Rarity
- 1.38
- Peak move
- +12.69%
- Float cap
- $38.1B
The company operates a platform that lets consumers, institutions, and developers engage with crypto assets and onchain services. It offers consumer trading in crypto, equities, futures, and prediction markets; institutional prime brokerage and custody; and developer tools for building on Base. Revenue comes from transaction fees and subscription products such as stablecoins.
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What we found
17 events · 0 from SEC or newswire · 0 timed with the move- Key event
product_launchCoinbase announced a partnership with Stablecore to let U.S. regional banks and credit unions offer crypto and stablecoin buying, custody, payments and staking through their existing banking systems, with Stablecore's base reaching over 3,000 U.S. banks and credit unions.
- Key event
regulatory_approvalCoinbase applied for SEC and CFTC approval to list perpetual contracts tied to about 50-60 major US stocks including Apple, Microsoft, Tesla and Nvidia on its regulated US derivatives platform, targeted for launch within the year.
- Key event
regulatory_approvalThe SEC issued an order on Sept 17, 2026 granting trading venues a conditional five-year exemption from the 'exchange' definition to host trading in tokenized versions of listed U.S. stocks, with caps on symbols and volume and a 30-day notice requirement.
institutional_flowA BlackRock ETF-linked address deposited 54,096 ETH worth $131.7 million and 2,015 BTC worth $153.8 million into Coinbase Prime, per Lookonchain monitoring.
pricing_changeCoinbase raised the annualized USDC reward rate for paid Coinbase One subscribers to 3.75%, accrued daily with a $1 minimum USDC balance, after the Senate procedural vote stalled the CLARITY Act.
macro_dataThe Federal Reserve raised its benchmark rate 25 basis points to 3.75%-4.00%, its first hike since 2023, with 16 of 18 policymakers backing at least one more increase this year.
institutional_flowBlackRock accumulated and withdrew 656.71 BTC (about $49.79m) and 5,150 ETH (about $12.28m), roughly $62m total, from Coinbase Prime, according to Onchain Lens.
executive_remarkCFTC Chairman Michael Selik said the agency will build a crypto regulatory framework using existing Senate authority rather than waiting on Congress, less than 24 hours after the Clarity Act vote failed.
product_launchCoinbase announced it would launch BLUE CHIP (BLUECHIP) spot trading, opening the BLUECHIP-USD pair later the same day in supported regions if liquidity conditions are met.
executive_remarkCoinbase CEO Brian Armstrong said the industry 'cannot wait only for Congress' and urged the SEC and CFTC to use existing authority to set clear crypto rules, signaling possible flexibility on parts of the CLARITY Act negotiations.
crypto_moveBitcoin fell after the U.S. Senate failed to advance the CLARITY Act on Sept 15, 2026, dropping as much as 5.3% to around $74,910-$75,000, its lowest level in the period, with ether and other cryptocurrencies also declining.
policy_changeThe U.S. Senate's procedural vote to advance the Digital Asset Market Clarity Act (H.R. 3633) failed 49-50 on Sept 15, 2026, short of the 60 votes needed, stalling the crypto market-structure bill.
macro_dataRisk-off sentiment built ahead of the Federal Reserve's FOMC interest-rate decision scheduled for Sept. 16, amplifying selling in crypto-related equities.
institutional_flowCathie Wood's Ark Invest sold 36,628 Coinbase Global shares worth about $7 million on Sept. 14, alongside sales of ARKB, Circle, Bitmine and Bullish, trimming crypto exposure a day before the Senate CLARITY Act vote.
executive_remarkCoinbase CEO Brian Armstrong said the CLARITY Act is effectively dead after the Senate vote and that the company will pursue an alternative path through direct negotiations with the SEC and CFTC rather than waiting for Congress.
analyst_ratingBTIG maintained a Buy rating and $240 price target on Coinbase Global after hosting a group meeting with Coinbase Institutional co-CEO Brett Tejpaul focused on the institutional business, which accounts for about 20% of revenue.
analyst_ratingNeedham & Co raised its price target on Coinbase Global to $200 from $177 while maintaining a Buy rating.