New York, January 27, 2026, 21:07 EST — Market closed.
Shares of Coinbase Global Inc (COIN.O) slipped 1.2% to $210.83 in after-hours trading Tuesday. Cantor Fitzgerald’s Ramsey El-Assal kicked off coverage with an Overweight rating, signaling confidence the stock will outperform. He set a $277 price target and dubbed Coinbase an “Everything Exchange,” highlighting its push beyond just spot crypto trading. (TipRanks)
Timing is key. Investors head into Wednesday’s Federal Reserve rate decision and Chair’s news conference with risk appetite on shaky ground, and crypto often moves like a leveraged bet tied to those same macro swings. (Federal Reserve)
Overseas, Coinbase faces a fresh challenge: its marketing approach. Britain’s Advertising Standards Authority banned a Coinbase video and three posters following 35 complaints, arguing the campaign “trivialised” the risks of crypto and might portray high-risk products as an “easy or obvious response” to cost-of-living pressures. (City AM)
Coinbase acknowledged the ruling but said it “fundamentally disagree[d]” with the watchdog’s take. The company insisted the ad aimed to spark discussion about the financial system—not promote crypto as a quick fix. (The Guardian)
Crypto markets remained volatile, failing to gain clear momentum. Bitcoin edged up roughly 0.7% to $89,313 late Tuesday. Ether climbed 2.6% to around $3,013. That left crypto-related stocks uneven: Robinhood Markets slipped 1.6%, Strategy added 0.6%, while bitcoin miners Riot Platforms and Marathon Digital jumped 8.1% and 5.4%, respectively.
Coinbase frequently acts as a high-beta proxy for the crypto sector, moving more sharply than the broader market. Trading fees can drop off fast when prices and volume dip, but once volatility picks up again, revenue can rebound just as swiftly.
Regulators haven’t eased up either. Blockchain analytics firm Chainalysis reported that money launderers moved at least $82 billion in cryptocurrencies in 2025. This figure is likely to ramp up compliance pressure on exchanges. (Reuters)
But Cantor warned of several risks: revenue could fluctuate with trading volumes, fee pressure from competition is a real threat, and regulatory shifts might hit unexpectedly — plus the usual cybersecurity concerns. According to Investing.com, Cantor’s $277 price target is based on an adjusted EBITDA multiple alongside a discounted cash-flow analysis. The brokerage also sees stablecoins — tokens pegged to the dollar — boosting Coinbase’s custody and distribution business. (Investing)
Traders will be keeping an eye on crypto’s moves once the Fed steps back, especially if bitcoin can push past $90,000 without running into resistance from new sellers. Developments stemming from the UK ad ruling—or similar probes in other regions—might also shape the story going forward.
Looking ahead, Coinbase’s next major event is its earnings report. The firm will release its fourth-quarter and full-year 2025 results on Feb. 12, followed by a webcast at 5:30 p.m. ET after the market closes. (Coinbase)
