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A fresh clash between Washington, Wall Street, and the crypto industry has reignited the debate around digital asset regulation, and the market is already reacting.At the center of the fight is the CLARITY Act, a proposal meant to finally bring clear rules to the digital asset industry after years in a regulatory gray zone. Supporters say the framework could unlock innovation and broader adoption. But progress has stalled as major banks push back against stablecoins offering yield-like rewards, warning that such incentives could pull deposits away from traditional banking systems.‘When You See One Cockroach, There are Probably More’: Blackrock Forced to Halt Redemptions As $2 Trillion Private Lending Bubble Starts Showing Cracks1 Little-Known Tech Stock That Wedbush Calls a Must-Own Amid Middle East ConflictBank of America Is Bullish on Tesla Again. Is That a Reason to Buy TSLA Stock?Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now!Just as the debate appeared stuck, Donald Trump stepped in publicly, urging banks to “make a good deal” with the crypto industry and move the legislation forward. His remarks signaled strong political backing for the sector and quickly sparked a rally across the crypto market.The market loved the political boost, Bitcoin (BTCUSD) jumped 7.78% within hours to around $73,000, while Ethereum (ETHUSD) surged 9.27%. The rally spilled over into crypto stocks as well, with Coinbase Global (COIN) soaring 14.57% and several bitcoin miners rebounding after months of pressure.With politics tilting in crypto’s favor and legislation still hanging in the balance, is COIN stock still worth buying after this rally?Founded in 2012, Coinbase is a Delaware-based crypto giant, boasting a $54.3 billion market cap. As one of the largest exchanges globally, it serves both retail and institutional investors. Beyond trading, it is expanding through global licenses, acquisitions, and innovations like stablecoin payments, crypto cards, and subscriptions, positioning itself as a key architect in the evolution of digital finance.Coinbase’s shares have mostly moved with the ups and downs of the crypto market. When optimism returned and Bitcoin rallied, the stock rode that wave, climbing to a July high of $444.64. But the momentum did not last long. As digital assets cooled off, COIN gave back much of those gains, now down 55.6% from its peak. The pressure has been visible in recent months. Over the past six months, the stock is down about 34.06%, including a 26.89% drop in just the last three months.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,591.50 -152.25 (-2.26%)Dow Futures46,411.00 -1,106.00 (-2.33%)Nasdaq Futures24,012.00 -658.25 (-2.67%)Russell 2000 Futures2,423.70 -103.00 (-4.08%)VIX29.49 +5.74 (+24.17%)Gold5,078.70 -80.00 (-1.55%)Trending tickersCL=F Crude Oil Apr 26 114.40 +23.50 (+25.85%)NQ=F Nasdaq 100 Mar 26 24,009.00 -661.25 (-2.68%)BTC-USD Bitcoin USD 66,239.64 -1,057.08 (-1.57%)ES=F E-Mini S&P 500 Mar 26 6,591.25 -152.50 (-2.26%)YM=F Mini Dow Jones Indus.-$5 Mar 26 46,411.00 -1,106.00 (-2.33%)PortfolioSign in to access your portfolioSign inTop gainersDAWN Day One Biopharmaceuticals, Inc. 21.20 +8.42 (+65.88%)IOT Samsara Inc. 35.36 +5.78 (+19.54%)MRVL Marvell Technology, Inc. 89.57 +13.89 (+18.35%)EMAT Evolution Metals & Technologies Corp. 9.76 +1.25 (+14.69%)IOVA Iovance Biotherapeutics, Inc. 5.13 +0.55 (+12.01%)Top losersINGM Ingram Micro Holding Corporation 22.06 -4.30 (-16.31%)BE Bloom Energy Corporation 135.19 -24.80 (-15.50%)GAP The Gap, Inc. 23.28 -3.92 (-14.41%)LITE Lumentum Holdings Inc. 558.44 -92.38 (-14.19%)JEF Jefferies Financial Group Inc. 38.29 -5.99 (-13.53%)Most activeNVDA NVIDIA Corporation 177.89 -5.39 (-2.94%)ONDS Ondas Inc. 9.83 -0.63 (-6.05%)AAL American Airlines Group Inc. 11.18 -0.61 (-5.17%)MRVL Marvell Technology, Inc. 89.57 +13.89 (+18.35%)BBD Banco Bradesco S.A. 3.6800 -0.0600 (-1.60%)Top economic eventsEarnings eventsMy earnings eventsEarnings events