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3 US Crypto Stocks to Watch Today

6h ago
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Crypto US stocks are in focus today as Circle (CRCL), Coinbase (COIN), and GameStop (GME) each present unique narratives around digital asset exposure. CRCL continues to rally post-IPO, fueled by strong financials and bullish investor sentiment despite concerns over its Coinbase reliance.

COIN is expanding globally through new partnerships and regulatory wins, even as political backlash lingers. Meanwhile, GME remains speculative—trading on crypto hype more than execution—as investors wait for a clear Web3 strategy to materialize.

Circle Internet Group (CRCL)

Circle’s (CRCL) stock has been on a tear since its NYSE debut, closing up over 13% on Monday and gaining more than 4% in pre-market trading.

The surge follows Ark Invest’s decision to offload $51.8 million in Circle shares, locking in gains after the stock nearly quintupled from its $31 IPO price to over $150.

Despite the sell-off, market sentiment remains bullish as investors respond to Circle’s strong Q1 fundamentals—59% revenue growth and 75% net income growth.

Jim Cramer also praised Circle as a “pure play on digital assets,” reinforcing investor enthusiasm for its positioning at the heart of the stablecoin economy.

CRCL Price Analysis. Source: TradingView.

However, not everyone is sold on Circle’s long-term value. Arthur Hayes, former CEO of BitMEX, criticized the firm’s reliance on Coinbase for distributing USDC, arguing that this dependency limits Circle’s ability to scale independently, especially compared to Tether’s broad distribution network.

Hayes claims the partnership significantly cuts into Circle’s profit margins, raising concerns about the sustainability of its business model.

If good momentum continues, CRCL could soon test the resistance at $165.

Coinbase Global (COIN)

Coinbase (COIN) is gaining renewed investor attention as it expands both its global regulatory reach and product offerings.

The company recently partnered with Shopify and Stripe to enable seamless USDC payments on Shopify’s Base-integrated checkout system, allowing merchants to settle in stablecoins or local fiat without overhauling their infrastructure.

Meanwhile, Coinbase is reportedly close to securing a full EU crypto license via Luxembourg, which would grant it regulatory access across all EU member states under the MiCA framework.

COIN Price Analysis.COIN Price Analysis. Source: TradingView.

However, the exchange also faced criticism after sponsoring a U.S. Army parade promoted by President Trump, drawing backlash from crypto purists who viewed the move as a departure from decentralization ideals.

Despite the controversy, CEO Brian Armstrong remains focused on expanding Coinbase’s international influence, urging UK lawmakers to fast-track crypto regulations to secure the country’s spot as a global hub.

Despite the political backlash, COIN closed yesterday up nearly 8%, though it has slipped more than 2% in pre-market trading.

From a technical standpoint, the $265 resistance level is a key area to watch—if broken, it could open the door to a move toward $277. Conversely, failure to hold the $240 support could lead to a pullback as low as $211, especially if market sentiment turns risk-off.

GameStop Corp. (GME)

GameStop (GME) continues to walk a tightrope between reinvention and irrelevance. While profits have improved in recent quarters, sales have been on a steady decline, and the company remains frustratingly opaque with investors—publishing minimal earnings detail and offering no public commentary since 2023.

CEO Ryan Cohen has steered the company into crypto territory, building a $6 billion cash reserve and acquiring 4,710 Bitcoin, yet analysts remain skeptical of the strategic direction.

Critics argue that without a clear, aggressive Web3 roadmap or credible crypto leadership, GME’s premium valuation is unwarranted.

Still, some bulls believe GameStop’s brand power and retail investor loyalty could be leveraged into a high-momentum transformation—if, and only if, management embraces a bold crypto or NFT-driven pivot akin to companies like SBET or KWM.

GME Price Analysis.GME Price Analysis. Source: TradingView.

Despite recent controversy and its shaky fundamentals, GameStop’s stock closed yesterday up over 5%, signaling lingering speculative interest.

However, the bounce may prove short-lived—GME is down 0.69% in the pre-market, and if the correction persists, the price could retest key support levels at $21.56 and potentially $20.78.

Without a coherent growth narrative or a major catalyst, any near-term upside may be limited to short squeezes or retail-driven spikes.

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