Some moves in the US stock market today Whether or not to buy coin largely depends on your outlook for the future of cryptocurrency. Coinbase represents the overall prosperity of the crypto space. After the earnings report, it surged 18% today. Three driving factors: 1. Crypto rebound 2. $2 billion buyback plan 3. Options squeeze Following the company's market cap management playbook, the $2 billion buyback will definitely come with a lot of executive sell-offs. Try pressing a put.