Crypto Stocks Coinbase and Robinhood Drop Sharply Despite Bitcoin's Rally — CLARITY Act To Blame? [Yahoo! Finance]
Coinbase Global, Inc. - 3Class A (COIN)
US:NASDAQ Investor Relations:
convertedorganic.com
Company Research
Source: Yahoo! Finance
Brian Armstrong, Coinbase's CEO, withdrew support, warning that the bill harms DeFi, privacy, and stablecoin rewards more than the status quo. Robinhood CEO Vlad Tenev pushed for passage to unlock staking and tokenized assets, while supporters like Kraken see it as vital for U.S. crypto leadership. Just days after crypto stocks such as Coinbase (COIN) and Robinhood (HOOD) climbed to multi-month highs alongside Bitcoin's (BTC) move above $95,000, the rally abruptly lost steam. On Jan. 16, both stocks slid more than 7%. The pullback appears to be driven by growing unease over delays to the long-awaited CLARITY Act , as well as mounting frustration within the crypto industry over the bill's latest draft and its direction. Coinbase shares dropped more than 7% in early Friday trading, sliding from an intraday high above $249 to below $237. Similarly, Robinhood's stock fell by more than 6%, retreating from a daily high of around $116.50 to a low near $110. However, not all cr
Show less
Read more
Impact Snapshot
Event Time:
COIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COIN alerts
High impacting Coinbase Global, Inc. - 3Class A news events
Weekly update
A roundup of the hottest topics
COIN
News
- Can Rising USDC Adoption Drive Circle's Reserve Income Higher? [Yahoo! Finance]Yahoo! Finance
- US crypto regulation stalls as lawmakers warn of falling behind global competitors for years [FOX Business Network]FOX Business Network
- Bermuda Plots 'Fully On-Chain National Economy' With Help From Coinbase and Circle [Yahoo! Finance]Yahoo! Finance
- CNBC Media Alert: CNBC to Broadcast Live from the World Economic Forum in Davos, Switzerland Tomorrow, Tuesday, January 20 [CNBC]CNBC
- Bitcoin slides below $93,000 as $680 million longs are liquidated [Yahoo! Finance]Yahoo! Finance
COIN
Earnings
- 10/30/25 - Beat
COIN
Sec Filings
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- COIN's page on the SEC website