πͺ Coinbase + Tokenized Stocks = New Crypto-Capital Frontier?
Coinbase ($COIN) just surged 16%, nearing $299, on news it's seeking SEC approval for a tokenized stock service.
But let's cut through the hype β is this a bullish breakout, or a sell-the-news spike?
π Why This Move Matters
Tokenized stocks aren't just NFTs for finance.
They represent a true shift in capital infrastructure:
β Equity-backed tokens = real ownership
β 24/7 trading = retail dominance
β Global access = democratization
If Coinbase succeeds, it won't just list tokens βIt may reshape how Wall Street trades.
π Can $COIN Hit $350 Again?
Here's what I'm watching:
π₯ $300 breakout: psychological + technical level
π RSI entering overbought territory β expect intraday volatility
π§ Institutional buying pressure could validate the rally
Short-term setup:
β Wait for a retest around $285β290
β Consider tight call spreads targeting $320 with a $275 stop
π§ My Take
This isn't just a crypto story β It's the collision of TradFi and DeFi, and Coinbase is trying to own the bridge.
If the SEC nods yes, tokenized securities could eat into ETF flows, brokerage fees, and legacy market hours.
This is not a meme pop.
It'a structural alpha β if it gets greenlit.
#COIN #CryptoStocks #Tokenization #SEC #Web3 #CoinbaseNews #TechStocks
I'm not a financial advisor. Trade wisely, Comrades!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Merle TedΒ·06-20TOPI see 350 pretty easy before any real breather.1Report
- EVBullMusketeerΒ·06-19Sold too early, missed this run.LikeReport
- Valerie ArchibaldΒ·06-20Circle and coinbase will be best shorts for 2025 from tomorrow forward.1Report
- sadsamΒ·06-19Exciting journey1Report
- VivianChuaΒ·06-23Nice πππ1Report
