This week, U.S. crypto-related stocks are gaining attention due to major developments from three key names: Coinbase (COIN), Galaxy Digital (GLXY), and Strategy Incorporated (MSTR).
Coinbase has officially joined the S&P 500, GLXY has been listed on Nasdaq after a long regulatory battle, and Strategy added over 7,000 BTC to its holdings. Despite short-term price declines, all three stocks are positioned near important technical levels. Investors will carefully watch whether momentum will continue or if resistance will lead to broader correction.
Coinbase (COIN)
Coinbase (COIN) was officially added to the S&P 500 today, marking an important milestone for the cryptocurrency exchange. Despite the inclusion, COIN is trading with a 0.72% decline at the time of writing.
Nevertheless, the stock has risen 27.66% over the past five days, showing strong short-term momentum and investor optimism.
This rise occurred amid ongoing concerns about a recent data breach affecting less than 1% of users. The breach involved sensitive information leaked by overseas contractors, including names and partially obscured social security numbers.
Coinbase did not pay the $20 million ransom demanded by attackers, instead offering the same amount as a reward for information.
Technically, COIN is facing resistance near $265, with its upward moving average still maintained.
Breaking above this could send the stock to $302. On a decline, support levels at $233 and $211.76 may be tested if the current correction continues.
Galaxy Digital (GLXY)
Galaxy Digital, the cryptocurrency company founded by Mike Novogratz, officially began trading on Nasdaq last Friday under the ticker GLXY, opening at $23.50 per share.
This listing marks the end of a four-year regulatory battle with the SEC, which Novogratz described as a "grueling" and expensive process.
The now-listed company is positioned at the intersection of two high-growth sectors: cryptocurrency and AI, which Novogratz believes will be core to Galaxy's long-term value.
If momentum continues, GLXY could test resistance at $25.25 soon, with a potential breakthrough to $30 possible within days.
However, $23.86 support is crucial. Failing at that level could see the stock slip to $22.11 or even below $20.
Strategy Incorporated (MSTR)
Strategy (formerly MicroStrategy) added an additional 7,390 BTC at an average price of $103,498, increasing its total holdings to 576,230 BTC.
The company has achieved a 16.3% BTC return year-to-date in 2025, further reinforcing its confidence in Bitcoin as a core asset.
This purchase further solidifies Strategy's position as the largest public Bitcoin holder.
MSTR stock is currently trading just below a key resistance level of $404.38, with RSI at 53.79, down from 67.51 six days ago, indicating some momentum cooling.
If resistance breaks, MSTR could move to its next target of $437.61. However, if the trend reverses and selling pressure increases, it could decline to the support line at $383.
Falling below that could lead to a deeper correction to $356.
