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Coinbase Global Shares Surge 15% as Bitcoin Rally and Regulatory Optimism Fuel Crypto Stock Gains

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Coinbase Global

Coinbase Global, Inc. (NASDAQ: COIN) stock surged more than 15% in midday trading on March 4, 2026, leading gains among cryptocurrency-related equities as Bitcoin climbed above key levels and positive signals emerged from Washington on digital asset regulation.

Coinbase Global
Coinbase Global

As of approximately 12:00 p.m. EST, COIN shares traded at around $210, up $27.90 or 15.3% from the previous close of $182.36. The stock opened at $195.43, hit an intraday high near $210.74 and saw volume exceed 14 million shares, far above the average daily trading levels. The rally extended premarket momentum, where shares rose on reports of Bitcoin’s overnight advance.

The sharp move came amid a broader recovery in digital assets. Bitcoin rose roughly 4% in recent sessions, surpassing $71,000 in some measurements, driven by renewed institutional inflows into spot Bitcoin exchange-traded funds and improving macroeconomic sentiment. Coinbase, as the largest U.S.-based cryptocurrency exchange, benefits directly from higher trading volumes and asset prices that boost transaction fees and user activity.

CEO Brian Armstrong reinforced optimism in recent statements, declaring that “the business of crypto has never been stronger.” The comment highlighted sustained user engagement and product expansion despite earlier volatility. Coinbase has diversified beyond pure trading, with growth in its Base layer-2 network, institutional services and international operations contributing to resilience.

Recent political developments added fuel to the rally. Reports indicated President Trump met privately with Armstrong and publicly urged banks to support pending cryptocurrency market structure legislation, including the CLARITY Act. The bill aims to provide clearer regulatory guidelines for digital assets, a long-standing priority for Coinbase and the industry. Armstrong visited the White House to discuss delays attributed to banking sector resistance. Investors interpreted the signals as increasing likelihood of favorable legislation under the current administration, reducing long-term uncertainty that has weighed on crypto stocks.

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The surge contrasts with Coinbase’s recent earnings challenges. In its fourth-quarter 2025 results reported earlier in 2026, the company posted a surprise net loss of $667 million, snapping a streak of eight profitable quarters. Revenue declined 21.5% year-over-year amid a broad crypto selloff and lower trading volumes. The results missed analyst expectations, reflecting sensitivity to market cycles.

Despite the setback, analysts note Coinbase’s strategic positioning. The company has expanded its role in traditional finance, including 24-hour commission-free trading for certain securities and efforts to integrate more assets onto its platform. Base, its Ethereum layer-2 solution, continues to gain traction, though Armstrong acknowledged that some SocialFi features tested in the app “didn’t quite work” as planned.

Year-to-date in 2026, COIN shares have shown volatility but remain well above recent lows. The 52-week range spans $139.36 to $444.65, with the all-time high reached in July 2025 during a prior crypto bull phase. Market capitalization hovers near $54 billion, with approximately 223 million shares outstanding.

Analyst sentiment leans positive, with a consensus leaning toward “Buy” ratings. Average price targets sit around $250, implying upside from current levels, though forecasts range from $120 lows to $440 highs. Firms cite potential regulatory tailwinds, Bitcoin’s performance and Coinbase’s market dominance as key drivers.

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Broader sector peers also advanced, with companies tied to crypto infrastructure and stablecoins participating in the upswing. The rally underscores the interconnected nature of crypto equities and underlying asset prices, where sentiment shifts rapidly based on macroeconomic factors, ETF flows and policy news.

Risks remain prominent. Crypto markets are notoriously cyclical, and any reversal in Bitcoin or regulatory setbacks could pressure shares. Coinbase faces ongoing scrutiny from regulators, though recent political engagement suggests improving relations. High valuation multiples leave the stock vulnerable to corrections if trading volumes soften again.

Investors continue watching for upcoming catalysts, including potential progress on the CLARITY Act, quarterly updates on user metrics and any announcements around new products or partnerships. As institutional adoption of digital assets grows and regulatory clarity potentially emerges, Coinbase appears positioned to capture significant market share in the evolving landscape.

The performance on March 4 illustrates the high-beta nature of crypto-linked stocks in 2026, where policy signals, asset price momentum and executive commentary can drive outsized daily moves. With Bitcoin stabilizing at higher levels and Washington showing renewed engagement, Coinbase’s trajectory may hinge on sustained momentum in both crypto markets and legislative progress.

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Australian shares pare early gains with banks sluggish

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Australian shares pare early gains with banks sluggish

Australia’s share market has pared early gains for a relatively flat finish after hopes of easing US-Iran tensions came up against weakness in some of Australia’s largest companies.

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UBS Group AG (UBSS:CA) Shareholder/Analyst Call – Slideshow

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

UBS Group AG (UBSS:CA) Shareholder/Analyst Call – Slideshow

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At Close of Business podcast April 15 2026

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At Close of Business podcast April 15 2026

Ella Loneragan speaks to Nadia Budihardjo about how an Aboriginal art organisation’s work has been showcased globally.

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Free Agency Looms with Cavs, Warriors Rumors

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Steph Curry, LeBron James, NBA All-Star 2021

LOS ANGELES — At 41, LeBron James continues to defy age and expectations, delivering vintage performances for the injury-depleted Los Angeles Lakers as the 2025-26 NBA regular season winds down and the 2026 playoffs approach. Yet with free agency on the horizon this summer, the four-time champion’s future remains the biggest storyline surrounding the NBA’s all-time leading scorer.

Steph Curry, LeBron James, NBA All-Star 2021
LeBron James

James posted a 26-point, 11-assist, eight-rebound double-double in a road win over the Golden State Warriors on April 9, showcasing the all-around dominance that has defined his record 23rd season. Just days later, he scored 18 points in only 17 minutes during what appeared to be the final regular-season home game, fueling excitement for the postseason while managing minor foot issues that kept him questionable in recent matchups.

The Lakers, bolstered by the midseason acquisition of Luka Doncic, have navigated significant injuries to key players including Austin Reaves and others. James has shouldered a heavier load at times, stepping up as the primary option and helping keep Los Angeles in playoff contention in the Western Conference. On his “Mind the Game” podcast, James expressed genuine enthusiasm for the upcoming playoffs, calling the postseason “lit” and noting he does not know how many more he has left.

Father-son highlights with rookie Bronny James have added emotional depth to the campaign. The pair have shared the court multiple times, producing memorable moments including assists and joint plays that underscore one of the most unique stories in league history. Bronny, selected in the second round of the 2024 draft, has seen limited but growing minutes, often flashing defensive potential and occasional scoring bursts off the bench.

Despite the on-court resilience, James’ long-term status with the Lakers is uncertain. He exercised his player option for the 2025-26 season last summer, but he enters unrestricted free agency this offseason. NBA insiders report a growing consensus that James may not return to Los Angeles for a potential 24th season, with speculation centering on a possible homecoming to the Cleveland Cavaliers or a high-profile move to the Golden State Warriors to team with Stephen Curry and Draymond Green in pursuit of another title.

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Cleveland, where James won his first championship and built his legacy, remains a sentimental favorite for many. The Cavaliers have emerged as a strong Eastern Conference contender, and a reunion could provide a narrative-rich final chapter. Meanwhile, Golden State offers the chance to close his career alongside one of the greatest shooters ever, potentially forming a superteam dynamic in the twilight of both stars’ careers. Some reports suggest the Lakers would welcome James back if he chooses to stay, with team president Rob Pelinka expressing a desire for him to retire as a Laker.

James has been characteristically coy about his plans, focusing publicly on the present. He has not ruled out retirement but has given no indication he is ready to walk away while still performing at an elite level. His per-game averages this season hover around 20-22 points, seven assists and six rebounds — remarkable production for any player, let alone one in his 40s. He continues to lead fast-break points and impact games with his basketball IQ and passing vision.

The 2025-26 season started with challenges for James. He missed the opener and several early games due to sciatica, marking the first time in his career he sat out opening night. Load management and foot/knee concerns have limited him at times, ending his streak for certain individual awards earlier in the year. Yet he has adapted, conserving energy for critical stretches and the playoffs.

Lakers fans and analysts have debated whether James has “played his way back” into the franchise’s long-term plans. A late-season turnaround, driven partly by his leadership amid injuries, has shifted some earlier assumptions that his Lakers tenure might end this year. The addition of Doncic has injected new dynamism, creating intriguing offensive possibilities if the core stays intact.

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Off the court, James maintains his vast business empire and philanthropic efforts through the LeBron James Family Foundation. His influence extends far beyond basketball, with continued involvement in media projects and social initiatives. Family remains central; sharing the court with Bronny has been a highlight he has openly cherished.

As the regular season concludes, the Lakers prepare for a tough playoff path in a competitive Western Conference. James has emphasized that the postseason resets everything, regardless of regular-season results. His experience — 10 NBA Finals appearances and four rings — positions him as a steadying force for a younger supporting cast.

Speculation about his destination has intensified in recent weeks. ESPN and other outlets have detailed factors James will weigh: proximity to family in Ohio, competitive contention windows, coaching stability and lifestyle preferences in Los Angeles versus other markets. Rich Paul of Klutch Sports continues to represent him in what could be one of the most anticipated free-agency decisions in years.

Dwight Howard, a former Lakers teammate and Hall of Famer, publicly encouraged James to consider Cleveland for a fitting end to his career. Other voices in the league predict at least one more season, with tremendous interest from multiple teams should he hit the market.

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James’ longevity stands as one of sports’ greatest achievements. Drafted first overall in 2003 straight out of high school, he has evolved from a prodigy to a global icon while maintaining elite athleticism and skill. His ability to adapt — shifting from slasher to facilitator to stretch forward — has prolonged his prime far beyond conventional expectations.

For the Lakers, retaining or replacing James carries franchise-altering implications. The organization has signaled commitment to building around its stars, but salary-cap realities and roster construction will influence any decisions. If James departs, Los Angeles would pivot toward a Doncic-centric future with younger pieces.

Playoff excitement is palpable. James has spoken about the unique intensity of the postseason and his eagerness to compete. Even as questions swirl about his future, his focus remains on helping the Lakers advance as far as possible in 2026.

Bronny’s development adds another layer. The father-son duo has created historic moments, from shared minutes to on-court connections. Their partnership symbolizes generational passing in the NBA, even as debates persist about Bronny’s path and opportunities.

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As April 2026 progresses, all eyes remain on James. Will he chase one more ring in a new uniform, return to his roots in Cleveland, or conclude his Lakers chapter with a deep playoff run? The King has yet to tip his hand, but his continued excellence ensures the conversation will dominate the NBA landscape through the summer.

Whatever path he chooses, LeBron James’ impact on the game — and the memories he continues to create — cements his status as one of basketball’s all-time greats. The 2026 playoffs offer another stage for his enduring legacy, with free agency promising a dramatic next chapter in an already cinematic career.

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Suzlon Energy shares jump 5%, rebound 27% from March’s record low. What’s driving the rally?

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Suzlon Energy shares jump 5%, rebound 27% from March's record low. What's driving the rally?
Suzlon Energy share price today: Shares of Suzlon Energy jumped over 5% on Wednesday, extending gains for the third straight session and taking the stock’s rally to 27% so far in April, even as it remains down 11% over the past year.

After hitting a 52-week high of around Rs 74 apiece in May last year, the renewable energy stock plunged nearly 49% over the next 10 months to a 52-week low of Rs 38.19. However, bulls have since regained control, driving a sharp rebound in recent sessions.

April saw markets rebound sharply following the incessant selloff in March, amid rising hopes for peace talks and a ceasefire between Iran and the US in the Middle East, which had triggered a skyrocketing rally in oil prices and made analysts worry over the possible impact on India’s macroeconomics.

Suzlon Energy shares rode on the overall bullish sentiment. After hitting the record low level at the end of March, the stock rallied nearly 27% to hit today’s intraday high of more than Rs 48 apiece.

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Market value swells by Rs 13,900 crore in April

The strong surge in the share price led to strong gains in Suzlon Energy’s market value. The total market capitalisation of the company soared by more than Rs 13,900 crore in April so far to nearly Rs 66,270 crore today.
The stock has rallied nearly 500% in three years, and more than 1,000% in five years. For context, the stock had hit an all-time low of Rs 1.70 apiece during the infamous COVID crash of March 2020. The stock has so far rallied a whopping 2,700% since then.

FIIs increase stake in Suzlon Energy

Foreign institutional investors (FIIs) quietly increased their exposure to Suzlon Energy in the March quarter, even as they overall remained strong net sellers of Indian equities during the same period. FIIs raised their stake in the renewable energy company by about 1.68 crore shares sequentially. Their holding stood at 3.07 crore shares, or 22.42%, at the end of the March quarter, compared with 3.06 crore shares, or 22.34%, in the December quarter.

Operationally, Suzlon has delivered decent numbers in the recent past. The company reported a 15% year-on-year (YoY) rise in consolidated profit to Rs 445 crore in the December quarter, while revenue jumped 42% YoY to Rs 4,228 crore, reflecting robust execution and order conversion.

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With India accelerating its renewable energy push, particularly in wind capacity addition, Suzlon remains well placed to benefit from sector tailwinds. The recent FII buying, despite broader market selling, suggests institutional investors may be positioning for that next phase of growth.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Nufarm guides 1H26 EBITDA in line with expectations at $236-244m

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Nufarm guides 1H26 EBITDA in line with expectations at $236-244m

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Schaeffler reports stronger-than-expected first quarter margins

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