Strength Seen in Coinbase Global (COIN): Can Its 16.3% Jump Turn into More Strength?

Coinbase Global, Inc. (COIN) shares ended the last trading session 16.3% higher at $295.29. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.9% loss over the past four weeks.The surge likely have been fueled by Senate passing stablecoin bill.  COIN is scaling its subscription and services business by pushing stablecoin income. Thus, it is favoring COIN.COIN has a strong focus on making USDC the dominant dollar-bac ...