Founded in 2012, Coinbase Global Inc. has as its mission to increase economic freedom in the world. The company has been working to update the financial system by providing a platform that makes it easy for customers to engage with crypto assets. The company also provides critical infrastructure for on-chain activity. COIN offers products and services to three customer groups: Consumers, Institutions, and Developers.

The newsflow for the coming week includes a possible peace deal in Iran and the Fed, which meets for the first under the chairmanship of Kevin Warsh. Wall Street is eagerly anticipating his press conference on Wednesday afternoon. It is also a short week, with markets closed on Friday for the Juneteenth holiday. Last week, the Dow Jones Industrial Average, the S&P 500, and the Nasdaq all rose 1%. Year to date, all three indices are in positive territory, with the DJIA up 7%, the S&P up 9%, and the Nasdaq up 11%. The earnings calendar is quiet as we are between reporting seasons, and the economic calendar is equally light. In addition to the Federal Reserve meeting, new data on Retail Sales will be released on Wednesday. Turning to economic forecasts, gas prices remain elevated, but did drop 16 cents last week and are now at an average of $4.15 per gallon for regular gas. The Atlanta Fed GDPNow forecasts 3.3% GDP growth for 2Q, higher than the last reading of 3.0%. The Cleveland Fed Inflation Nowcast calls for CPI of 4.1% for June, a slight step-down from the 4.2% print for May. Mortgage rates edged up four basis points last week, with the average 30-year fixed-rate mortgage now at 6.52%, according to FreddieMac. As noted, the next Federal Open Market Committee (FOMC) meeting is on Wednesday, and odds are at 3% for a rate cut. After that, there will be meetings on July 29 and September 16. Taking a deeper dive into performance so far in 2026, a leading industrialized global stock market index, the ETF EFA, is up 9% year to date. The leading emerging market ETF (EEM) is up 24% year to date. Meanwhile, U.S. growth stocks are up 2% when looking at ETF IWF, while value stocks (IWD) are up 14%. Crude oil prices remain volatile. On Friday, crude clocked in at $84 per barrel, still up 45% for the year. In other asset classes, AGG bonds are down 1% year to date, gold is down 3%, and Bitcoin is down 27%. The U.S. dollar is up 2%, tracking DXY. The VIX Volatility Index was at about 18 on Friday, below its historical average of 20.

Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.

Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.