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BullDigest's March 24 Post-Market Summary of Coinbase Global, Inc.

  • 24.03.2025 22:04
  • bulldigest.com
  • Keywords: Post-Market, Summary, Coinbase Global, Inc.

Check out BullDigest's March 24 Post-Market Summary of Coinbase Global, Inc.. We provide a summary of the key news from market opening hours.

Post-Market SummaryGWWsentiment_satisfiedSTRKsentiment_satisfiedCOINCIIHY

Estimated market influence

Rain

Rain

Positivesentiment_satisfied
Analyst rating: Neutral

Raised $24.5M in funding to expand crypto Visa card services globally.

Norwest Venture Partners

Positivesentiment_satisfied
Analyst rating: N/A

Led the $24.5M funding round for Rain.

RedotPay

Positivesentiment_satisfied
Analyst rating: N/A

Secured significant funding in the crypto payments sector.

Mesh

Positivesentiment_satisfied
Analyst rating: N/A

Secured significant funding in the crypto payments sector.

Arcium

Neutralsentiment_neutral
Analyst rating: N/A

Partnership with CoinList for token launch.

CoinList

Neutralsentiment_neutral
Analyst rating: N/A

Collaborated with Arcium on a Community Round.

World Liberty Financial (WLFI)

Positivesentiment_satisfied
Analyst rating: N/A

Launched USD1 stablecoin linked to Donald Trump.

Binance

Neutralsentiment_neutral
Analyst rating: N/A

Hosted the USD1 stablecoin launch on its BNB Chain and had a high stablecoin supply.

MicroStrategy

MicroStrategy

Positivesentiment_satisfied
Analyst rating: —

Acquired 6,911 BTC for $584.1M, increasing total holdings to 506,137 BTC with a 7.7% yield YTD 2025.

Coinbase

Coinbase

Neutralsentiment_neutral
Analyst rating: Buy

Bitcoin stocks like Coinbase offer higher returns but come with specific risks.

SEC

SEC

Neutralsentiment_neutral
Analyst rating: —

Approved Bitcoin ETFs, increasing institutional participation.

XRPTurbo

Positivesentiment_satisfied
Analyst rating: N/A

Raised over 50% of its presale hard cap for AI Agent and RWA Launchpad on XRP Ledger.

Avalanche (AVAX)

Neutralsentiment_neutral
Analyst rating: N/A

Price gains with technical indicators suggesting further rally.

Context

Business Insights and Market Implications Summary

Bitcoin Market Analysis

  • Price Recovery: Bitcoin (BTC) is trading above $87,000 after recovering from previous week's decline. Analysts predict it could reach $110,000 due to the US Federal Reserve's dovish stance and Trump's trade policies.
  • Spot ETF Inflows: BTC spot ETFs saw $744.30 million in inflows, reducing sell-side pressure.
  • Stablecoin Growth: Stablecoin supply on Binance hit an all-time high of over $31 billion.
  • Technical Indicators: Bitcoin broke above its 200-day EMA and RSI indicates increasing bullish momentum.

Rain Crypto Visa Cards

  • Funding Secured: Rain secured $24.5 million in funding led by Norwest Venture Partners to expand its crypto Visa card services globally.
  • Revenue Growth: The company reported a 15x revenue increase, processing payments in over 100 countries.
  • Market Positioning: Rain issues Visa cards for spending stablecoins, positioning itself to capitalize on the growth of stablecoin payments.

Arcium CoinList Partnership

  • Partnership Details: Arcium partnered with CoinList for a Community Round offering 100% unlocked tokens at Token Generation Event (TGE).
  • Launch Period: The launch period runs from March 24th to April 1st on CoinList.
  • Objective: Arcium aims to enable data processing in a fully encrypted state.

Trump Stablecoin

  • Project Launch: World Liberty Financial (WLFI), linked to Donald Trump, launched the USD1 stablecoin on the BNB Chain.
  • Industry Support: Binance's former CEO welcomed the project and announced a $100 million liquidity program for native tokens.

MicroStrategy Bitcoin Acquisition

  • Investment Update: MicroStrategy acquired 6,911 BTC for $584.1 million, bringing its total holdings to 506,137 BTC.
  • Yield Performance: The company achieved a 7.7% BTC yield year-to-date in 2025.

Bitcoin Investment Comparison (Stocks vs ETFs)

  • Returns and Risks: Bitcoin stocks offer higher potential returns but with company-specific risks and volatility.
  • Simplified Exposure: Bitcoin ETFs provide direct exposure to price movements, reducing company risk.
  • Institutional Participation: SEC's approval of Bitcoin ETFs has increased institutional participation.

XRPTurbo

  • Presale Progress: XRPTurbo raised over 50% of its presale hard cap.
  • Platform Features: Enables token minting, liquid staking (25% APY), and RWA project launches.
  • Token Utility: $XRT token is central to the platform for fees, access, and staking.

Avalanche (AVAX) Analysis

  • Price Performance: Avalanche price extended gains after rallying nearly 9% in the previous week.
  • Market Sentiment: AVAX’s long-to-short ratio reached its highest in over a month.
  • Technical Outlook: Data suggests potential for an additional 20% gain.

Buying vs Earning Bitcoin

  • Credit/Debit Card Purchases: Allows immediate acquisition without technical knowledge but may not be the cheapest method.
  • Rewards Programs: Can reduce costs through discounts tied to regular purchases.
  • Tax Implications: Vary depending on regional regulations for buying versus earning strategies.