Roundhill COIN WeeklyPay ETF

The start of crypto related/ bitcoin related stocks could be the beginning of the correction for stock market as it gets more greedy then free fall to oversold area.

The US has to pass the clarity act. The whole gigantic financial machinery cannot proceed without it. It is that important!

Being a skeptic and then a crypto investor myself, I have seen the rise of Btc, Eth and then the altcoins. To cut the grandfather story short, I believe that crypto is heading towards one particular objective.

If you want to know what it is, I will write a post on it. Too long to comment. 😂

$SMH Could catch a small bid off Asia Overnight but to print a Red Candle on a day a lot of market gained shows some weakness.

Another win for corporations, another loss for Americans

$COIN 2X Long ETF(CONL.US)I’d use about $210–220 as a reasonable central target. The upside is substantial from the recent ~$160–170 area, but COIN remains heavily dependent on crypto prices/trading activity. That makes a 30–40% drawdown entirely plausible even if the long-term story remains intact. Recent analysts have actually been cutting targets after weaker Q2 results—for example, Freedom Broker cut to $185 and Cantor Fitzgerald to $184.

scary stock, my initial buy was more than 15.

• Software stocks are struggling amid mixed earnings and challenges in the AI sector.

$Coinbase(COIN.US)will coinbase goes up or dn today, if goes dn, will need to dca

$Coinbase(COIN.US) | Freedom Broker 𝗺𝗮𝗶𝗻𝘁𝗮𝗶𝗻𝘀 𝗕𝘂𝘆 on 𝗖𝗼𝗶𝗻𝗯𝗮𝘀𝗲 𝗚𝗹𝗼𝗯𝗮𝗹, cuts PT to $𝟭𝟴𝟱 from $𝟮𝟮𝟱

$Coinbase(COIN.US) | Mizuho 𝗺𝗮𝗶𝗻𝘁𝗮𝗶𝗻𝘀 𝗡𝗲𝘂𝘁𝗿𝗮𝗹 on 𝗖𝗼𝗶𝗻𝗯𝗮𝘀𝗲 𝗚𝗹𝗼𝗯𝗮𝗹, cuts PT to $𝟭𝟱𝟱 from $𝟮𝟬𝟬

$Coinbase(COIN.US) Is there any growth left in the company? Missing the numbers quarter after quarter.

COIN 2Q26 First Take: Crypto stayed under pressure in Q2 on higher-for-longer rate expectations, geopolitical frictions, and Strategy’s selling, with a sharp pullback in Jun. In this backdrop, results are unlikely to be strong. Some sentiment-driven de-rating likely occurred ahead of the print.

Beyond macro, the slow progress on the CLARIFY Act also weighed on sentiment. It remains stuck awaiting a Senate floor vote. With the Aug recess and midterms ahead, passage this year looks unlikely, removing a key catalyst for Coinbase.

1) Trading kept sliding: trading revenue fell 19% YoY. The company did not disclose legacy trading volume metrics this quarter, but Coinbase spot volumes declined sharply YoY and QoQ, in line with the broader market. That said, management’s disclosed market share metric continued to rise.

2) Subscriptions also lagged, with soft guidance: non-trading subscription revenue is driven by stablecoin income, staking income, Base chain revenue, and interest income. Q2 came in at $560 mn (-12% YoY, -5% QoQ). The mix is smoother than trading but still weakened.

By line item, stablecoin income largely tracked USDC market cap. Staking was hit by a double whammy of lower token market caps and yields, posting a steep decline. Only custody fees and Base chain revenue were relatively stable (+4% QoQ, -5% YoY).

For Q3, management guides subscription revenue to be flat QoQ and below Street expectations. This implies a slower near-term recovery in USDC expansion as well as in ETH/SOL prices and staking yields.

3) Continued increase in stablecoin holdings: the stablecoin market also shrank in Q2 amid the crypto slump and the CLARIFY overhang. USDC market cap fell to $73.5 bn (-5% QoQ), with more pronounced swings than USDT. This likely reflects USDT’s broader use cases, including commerce payments, and a higher non-US user base, making it less sensitive to rates and CLARIFY timing.

Coinbase kept adding exposure, with average platform-held and custodied USDC at $20 bn, 26% of circulating supply, up from 25% in Q1. The company has renewed its partnership with Circle. Both sides remain tightly aligned as ecosystem partners.

4) Core profit turned negative: with revenue under pressure and relatively sticky opex, margins compressed. Despite cost controls, severance, consolidating Deribit, and new product investments drove R&D up 22%. As a result, gross profit less operating expenses turned negative in the quarter.

5) Buybacks slowed: Coinbase repurchased $81 mn in Q2 (810k shares at an avg. $148.94), largely during the Jun selloff. That compares with ~ $1.1 bn in Q1, effectively slamming the brakes. $Coinbase(COIN.US)

$Coinbase(COIN.US) a rung of the trade shares ladder sold for good profit. I still own shares and have a no green to red stop.

Source: Sunrise Trader

All of these popular retail stocks are currently up double digits or more today 🔥