#CryptoStocks

📊 Today's Key Insights:

Coinbase (COIN) shares rose by more than 16% after the Senate voted in favor of the GENIUS Act to regulate stablecoins, specifically to support USDC, which boosted investor optimism regarding the platform's future.

MicroStrategy (MSTR) maintained its price stability around $369, despite being characterized by sharp volatility; often driven by its massive Bitcoin holdings, making its movements linked to BTC price action.

Riot Platforms (RIOT), owned by mining activities, saw a slight increase of 2.7%, with a large trading volume (~50 million shares) while its price traded around 9.94 $ .

📰 Context and Trends:

The recent entry of eToro (ETOR), a trading platform for cryptocurrencies, into the stock market reflects an increase in institutional interest in the sector.

The market's reaction to stable interest rates from the Fed enhances risk assets like crypto stocks.

A growing trend towards two companies associated with crypto is part of a broader investment shift toward digital assets, especially after the clarity of regulations like the GENIUS Act that support stablecoins.