Rosenblatt analyst maintains Buy rating for Coinbase Global, raises price target to $300. Recent gains driven by S&P 500 addition and Deribit acquisition.

Coinbase CEO Brian Armstrong calls S&P 500 listing a turning point for crypto, saying it brings digital assets closer to everyday investors and retirement portfolios.

The move comes after a former DOGE staffer, Ethan Shaotran, praised the team’s mission and work ethic despite the backlash he faced.

Coinbase CEO Brian Armstrong seeks Department of Government Efficiency contractors to join the team and help create a more efficient financial system.

Coinbase had its best day since just after last year’s presidential election, as investors bought shares ahead of the company’s inclusion in the S&P 500.

Coinbase joins the S&P 500, backed by strong Q1 results and resilient core business growth. Read my full COIN stock analysis here.

Coinbase shares skyrocketed 24% on Tuesday following news the cryptocurrency exchange will be added to the S&P 500. Monitor these key chart levels.

Coinbase's inclusion in S&P 500 is a watershed moment for crypto industry. Here's what it may mean for top meme coins including Bitcoin Pepe.

Coinbase Global, Inc. ( NASDAQ: COIN) Annual JPMorgan Global Technology, Media and Communications Conference May 14, 2025 10:00 AM ET