Coinbase Stock Soars Amid Crypto ETF Buzz and Deal Rumors – Will the Rally Last?
Coinbase closed at $336.02 on Oct. 17, down about 10% from early October highs but still up over 40% year-to-date. The company is in talks to buy UK stablecoin firm BVNK for up to $2.5 billion and recently invested in India’s CoinDCX. Coinbase applied for a U.S. trust bank charter and saw the SEC drop its lawsuit in early 2025. Analysts remain bullish, but some warn the stock’s high valuation could limit upside.