COIN - Coinbase Global Inc.

Ryan views Coinbase as the leader in crypto infrastructure with the most engineers and expertise. He believes it will evolve from reliance on speculative trading to become an infrastructure provider for stablecoins and tokenized assets, with significant non-trading revenue streams. He sees the current period as a potential bottom similar to when the stock was at $32.

Crypto is 'still dying' per website traffic data. However, Bitcoin recovering to $63K over the weekend and Coinbase up 3% in overnight markets. Host notes crypto move at 6pm may be getting people excited.

Cited as down 51% as an example of buy-and-hold destruction

Coinbase is setting up for a breakout above the $210-215 area after forming a rounded bottom following a 60-70% decline. Crypto and digital payments are rising as a top-performing sector, and Coinbase moves closely with Bitcoin. Ross sees a breakout above $218 as a buy signal.

Part of ZipTrader 25 aggressive growth/speculative picks, up 11.51% in one month.

Double miss on earnings, but hosts note investors are buying for crypto cycle recovery, not current quarter fundamentals. Bitcoin holding above $80K provides some support.

Host notes Coinbase benefits from potential Clarity Act passage (64% odds for 2026). When crypto names run, Coinbase benefits. He finds it an interesting name but doesn't express strong conviction.

Coinbase saw the worst monthly and quarterly website traffic data in company history due to crypto market weakness. Presenter notes SoFi just entered crypto and won't feel the downside volatility but would benefit in the next crypto bull cycle.

Mentioned as having some of the worst monthly and quarterly data in company history due to crypto market weakness. However, the presenter notes SoFi just entered crypto and could benefit when the crypto bull market returns.

Received conditional US trust charter approval. Mentioned briefly as market news without detailed opinion.