Coinbase

COINBASE (#COIN) weekly special report based On 1 Lot Calculation:

CRYPTOCURRENCY INDUSTRY:

• MARKET POTENTIAL: The global cryptocurrency market is valued at approximately $1.33 trillion in 2025 and is expected to grow at a compound annual growth rate (CAGR) of 30.4% over the next five years.

• INSTITUTIONAL ADOPTION INCREASING: The approval of Bitcoin ETFs and regulatory clarity have driven greater institutional investment in cryptocurrencies, boosting the market's legitimacy and growth potential.

COINBASE: THE COMPANY

• LEADING CRYPTOCURRENCY EXCHANGE: Coinbase is known as one of the largest crypto exchanges by trading volume.

• DIVERSIFICATION OF SERVICES: Coinbase offers staking services, custody solutions, and a developer platform, expanding its role in the broader crypto ecosystem.

• GLOBAL MARKET SHARE (December 2024): According to CoinGecko, in December 2024, Coinbase held a 6.5% share of the global centralized cryptocurrency exchange market. One of the leading exchanges were Binance with 34.7%, Crypto.com with 11.2%, and Upbit with 9.8%.

COINBASE: DONALD TRUMP AND CRYPTOCURRENCIES

• TRUMP'S PRO-CRYPTO STANCE: President Donald Trump has emerged as a strong advocate for cryptocurrencies, emphasizing the importance of U.S. leadership in the digital instrument space. His administration has shifted towards a more favorable regulatory framework, promoting the integration of crypto in financial markets.

• NEWS (JANUARY 23, 2025): TRUMP SIGNS EXECUTIVE ORDER TO PROMOTE U.S. LEADERSHIP IN DIGITAL INSTRUMENTS. President Trump signed an executive order aimed at promoting U.S. leadership in digital instruments and financial technology. The order establishes a task force on digital instrument markets, chaired by the Special Advisor on AI and Crypto, and explores the creation of a federal digital instrument reserve, potentially using cryptocurrencies seized by the government.

• MEMECOIN INVOLVEMENT: Trump's growing presence in the crypto market has extended beyond policy. Reports indicate that Trump-linked memecoins, such as $TRUMP, have gained significant traction, with some being promoted within his supporter base. This has driven increased speculation and volatility in the sector.

• MARKET IMPACT: Following Trump's statements in favor of crypto, Bitcoin surged past $100,000, reaching new all-time highs of $109,228.6.

COINBASE: EVENTS

• EVENT (THURSDAY, FEBRUARY 13, 2025, AFTERMARKET): Q4 2024 EARNINGS REPORT. Coinbase is expected to print $1.815 billion in revenue for Q4 of 2024. This is an increase of 90% from the same period last year ($953.8 million). In addition, the company is expected to post Earnings Per Share (EPS) of $1.64.

• QUARTERLY REVENUE AND EARNINGS: LAST 8 QUARTERS. Coinbase has beaten revenue expectations 7 out of the last 8 times. Coinbase has beaten earnings expectations 5 out of the last 8 times.

• LAST TIME (WEDNESDAY, OCTOBER 30, 2024, AFTERMARKET): Q3 2024 EARNINGS REPORT. Coinbase reported a net profit of $75.46 million, reversing a loss of $2.27 million from the previous year. Total revenue reached $1.21 billion, compared to $674.15 million in the prior year.

COINBASE: PRICE ACTION

• STOCK PRICE ACTION: THE STOCK HAS FALLEN BY ABOUT 34% FROM ITS ALL-TIME HIGH OF $429.54. Coinbase was last trading around $280, and if a full recovery follows to all-time highs, the stock could see an upside of around ~53%. However, the price could go lower.

• ANALYSTS OPINIONS: Needham forecasts $400. Goldman Sachs forecasts $340. Oppenheimer forecasts $334.

#COIN, February 6, 2025
Current Price: 280

Example of calculation based on weekly trend direction for 1 Lot¹

1. 1.00 lot is equivalent of 1000 units
2. Calculations for exchange rate used as of 13:00 (GMT) 06/02/2025

There is a possibility to use Stop-Loss and Take-Profit.

• You may wish to consider closing your position in profit, even if it is lower than suggested one.

• Trailing stop technique could protect the profit.