On July 21, Coinbase Global rose 5.34% in regular trading, trading at $174.35/share, with turnover of $244 million.

On the news front, cryptocurrency-related stocks rallied broadly as investor attention pivoted from geopolitical tensions surrounding the US-Iran conflict toward the upcoming corporate earnings season. Coinbase was already up 3% in pre-market trading alongside broader gains in the crypto sector, with Nasdaq futures climbing over 1% as risk appetite improved.

Adding to the bullish backdrop, Coinbase Ventures was identified as the most active crypto venture capital firm in the first half of the year with 30 completed investments, and the company recently secured a UK MIFID license. Meanwhile, options market activity showed a significant directional bullish bet of approximately $29.36 million in call combinations targeting the $170-$190 range. The company is scheduled to report quarterly earnings on July 30, with consensus EPS estimates of $0.19, representing a potential return to profitability after the prior quarter's loss of $0.17 per share.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)