Coinbase is the best performance in S & P 500 in June, can move higher

Siknbase is the best performer S & P 500 In June, it was increased with positive regulation updates, the product was put into operation, and of course, in the end of May, the Benchmark stock index.

Crypto exchange on S & P 500 stretches the market on April 8, President Donald Trump sent ads sinking ads from initial sweep tariffs.

Coinbase is currently in the tempo of the third straight monthly earnings, 44%, 44% and the first three month rally since the end of 2023.

“The S & P 500 Inclusion, The Senate’s genius movement and Very strong performance one Turn over The coinbase rejected false narratives and wakes people to the Oppenheimer Analyst Owen Lau CNBC.

Restrictions have been removed

“Two things that keep the coin, it was a matter of compression – it did not happen and in fact, Coinbase gains a positive saving, so they were included in the S & P 500 and regulatory uncertainty,” he said. “Many people do not believe that there will be any consensus from Congress … The fact, we see the transition to the genius act.”

The genius moves Creates the first federal framework for stablecoins developed by the dollarOpen the door to sweep the treasury department and open the door for banks, fintechs and retailers.

Although Coinbase has missed 44% this month, according to Devin Rayan, according to Devin Ryan, the head of citizens in JMP securities Devin Ryan. He said that this is not fully associated with the close connection between the market numbers and Coinbase. The New York Exchange debut on June 5 and has increased more than 500% since today.

The income maintains 100% of the income created in all CINNASE due to a share contract USDC At the base of the coin, plus 50% of all other USDC revenues, “99% of the circle’s current revenues” Ryan said.

Stablecoin issued by the USDC Circle. Stablecoins are the bottom of cryptos pasted in the value of real world assets. About 99% of all stablecoins It is attached to the price of US dollars.

Another way of playing

“Again, None of the Coinbase circle is drifted by the circle,” Ryan said. “If the market is right in the current Bullish View for the circle, Coinbase is another way to play – and it seems to be more value in Coinbase, with material connection.”

Core case covers areas of Cinbase, Cinema, Crypto, Crypto, Crypto-Crypto Service Crypto, Crypto, Controller. infantryWallet services and stablecoins.

This month, the company gave its cattle by presenting its subscription plan with itself Credit card that supports the first cryptist In partnership America express. At the same time presented a partnership Tease and debuted a Stablecoin payments service for e-commerce. Jpmorgan Is also partner with Crypto To launch a Stablecoin’s own versionCoinbase’s house built in the house, called “Deposit Token” on the base “

“We want to express a positive picture of Crypto-class in Crypto-class, for the first time in cryptist, for the first time, the main catalyst, and the coin base,” Ryan said.

Volume concern

If there is a concern, the trade is in the volume, said Oppenheimer Lau. The average daily volume of Crypto operations on the coinbase platform Since April, the company’s and other cryptist trading providers may have a risk that can be a risk of starting the second half of the year.

Analyst is optimistic, the regulatory worldview, which can turn it around, if it laid on the legislation above the industry’s market structure.

“If the genius moved, ‘If the Stablecoin brought to a summer, I believe that the results of clarity can bring us to the Summer Summer,” he said. “So at the end of this year, I see another catalyst that can return this trend, because people will receive altkoines like the market structure.”