In Brief

  • Coinbase's stock rose by nearly 5% as investor enthusiasm builds ahead of its Q2 earnings release on July 31.
  • Galaxy Digital's integration with Fireblocks is expected to drive institutional adoption of its staking and lending services.
  • Bitdeer Technologies’ self-mining of 203 BTC in June boosts investor sentiment, as the company expands its mining operations.
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Today has been marked by a resurgence in investor optimism across the digital asset space, with the global cryptocurrency market capitalization rising by 3% over the past 24 hours.

This broad-based market rebound has reignited investor interest in cryptocurrency-related equities, as optimism spills from digital assets into traditional markets. Here are a few standout crypto stocks making moves today:

Coinbase Global (COIN)

Coinbase shares closed the previous trading session at $373.85, up by $18.93, as investor enthusiasm builds ahead of the company’s upcoming earnings release.

In a statement published on Wednesday, the exchange announced it will release its Q2 2025 shareholder letter and financial results on July 31, after market close, via its Investor Relations portal. 

The update appears to have fueled bullish sentiment, with COIN trading at $375.94 during today’s pre-market session. If demand continues to grow after the market opens, the stock could attempt a rally toward $382.

COIN Price Analysis.
COIN Price Analysis. Source: TradingView

However, failure to sustain current momentum could see the COIN price retrace toward support near $348.50.

Galaxy Digital (GLXY)

GLXY rose 1% to close at $20.17, following the company’s announcement of a major integration with Fireblocks on Wednesday.

The integration expands Galaxy’s reach by connecting its staking services to Fireblocks’ network of over 2,000 institutional clients. These institutions can now stake digital assets directly from their Fireblocks vaults, while benefiting from Galaxy’s high-performance validator infrastructure.

The collaboration is expected to drive institutional adoption of Galaxy’s staking, trading, and lending services, turning passive staking into a capital-efficient strategy.

In pre-market US trading today, GLXY trades at $20.31. If buy-side pressure increases after the market opens, the stock could rally toward $21.30. 

GLXY Price Analysis
GLXY Price Analysis. Source: TradingView

Conversely, a move below $19.57 is possible if selling pressure builds.

Bitdeer Technologies Group (BTDR)

Investor sentiment has turned bullish following the announcement that Bitdeer self-mined 203 BTC in June, up roughly 4% from May, driven by the energization of SEALMINERs, which boosted hashrate performance. 

The company also revealed that 14.9 EH/s worth of its SEALMINER A2 rigs have now been manufactured, with 5.3 EH/s already shipped to external clients and 4.6 EH/s deployed across its mining sites in the U.S., Norway, and Bhutan.

The stock last closed at $12.97, up 2.29%, and is trading at $12.99 in the pre-market session today. This makes it another crypto stock to pay attention to.

BTDR Price Analysis
BTDR Price Analysis. Source: TradingView

Should buying remain high at market open, BTDR could rally toward the $13.57 resistance level. However, a break below $12.64 would suggest renewed selling pressure.

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Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

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Abiodun Oladokun
Abiodun Oladokun is a Technical and On-Chain Analyst at BeInCrypto, where he specializes in market reports on cryptocurrencies from diverse sectors, including decentralized finance (DeFi), real-world assets (RWA), artificial intelligence (AI), decentralized physical infrastructure networks (DePIN), Layer 2s, and meme coins. Previously, he conducted market analysis and technical assessments of various altcoins at AMBCrypto, utilizing on-chain analytics platforms like Messari, Santiment...
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