Coinbase still has no business model in crypto bear markets, while Robinhood has become a profit-making machine. x.com 

Agent payments and AI infrastructure make AI crypto one of the strongest early-bull-market narratives. Coinbase's x402 is the clearest signal: agents made 138 million-plus Base transactions, mostly under 10 cents. Bittensor subnets earn outside revenue; Render and Akash supply GPU power; NEAR builds agent rails. Grayscale's AI crypto sector rose 54% in September vs roughly 24% for the broader market. Still early and volatile; rotation may follow if Bitcoin holds a base and the narrative sticks. … Show more

Coinbase looks undervalued at an estimated 10-13x next year's free cash flow. A post the author replies to calls it a stablecoin toll booth whose USDC revenue alone makes it undervalued if stablecoins keep growing as they have. x.com 

Coinbase is a bubbly stock priced as a proxy for crypto trading, yet experienced crypto users leave it for better exchanges. It works for beginners, where it can take advantage of unknowledgeable investors, but more than a decade of crypto use shows Coinbase gets replaced as soon as users find something better. x.com 

Coinbase's likeliest price path is lower as bitcoin finishes the final leg of its bear market. @BobLoukas argues Coinbase is bloated and overvalued, with horrible customer service, crypto retail activity dead, customers having other options and an underwhelming Base chain. x.com 

Coinbase is testing the same support that held in September 2024, February 2025 and April 2025, and the drop reflects spiking rates, not a broken company. It has $7 billion of revenue and $1.26 billion of net income, yet the stock is down 38% year to date and 59% year over year. Crypto's next cycle has not started yet, which makes this the setup. x.com 

Coinbase's revenue growth has turned negative, enough to reconsider the view that its dips are buyable. It may not be worth touching in the near term, even if it rebounds technically. x.com 

Coinbase's revenue suffers because crypto trading volumes always dry up when prices fall. Per Polymarket, Coinbase transaction revenue fell 40% year over year. x.com 

Heavy put bets at $170 provide a positioning basis for Coinbase's $180 target by October 23. Shares are holding above that put wall; no chase. x.com 

Coinbase is pivoting from retail brokerage to the main institutional gateway for crypto, which its price does not fully credit; rated Overweight with a $290 December 2026 target. Spot bitcoin and ether ETPs validated its infrastructure, while custody, Circle revenue and stablecoin income give a floor beyond retail trading. The sum-of-the-parts target values the exchange at 35x plus Circle, crypto holdings and Base. Q1 was a big miss, yet the stock should rise. Risks: a crypto slump, new rivals. … Show more