Coinbase Shares Surge Following Stablecoin Legislation

Reported about 10 hours ago

Coinbase stocks rose significantly after the Senate passed the GENIUS Act, which regulates stablecoins, providing clarity and legitimacy to its business. The shares jumped 16% to approximately $295, signaling bullish momentum as they consolidate within a chart pattern indicative of a continued uptrend. Investors should pay attention to key price levels around $330 and $450 as potential resistance, while also monitoring support levels near $265 and $212 for potential buying opportunities.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis