To The Moon

Ethereum (ETH) has blasted through $3,600, hitting its highest level since January 7, 2025, while Solana (SOL) soared 21% in the past month to $302.50, signaling a red-hot crypto bull market. The U.S. House’s passage of three landmark bills—GENIUS Act, CLARITY Act, and Anti-CBDC Surveillance State Act—on July 17, 2025, during “Crypto Week” has supercharged crypto stocks, with Coinbase Global (COIN) climbing to $398.20 and SharpLink Gaming (SBET) surging 21% to $24.57 as the world’s largest corporate Ethereum holder. With Bitcoin at $123,000 and regulatory clarity fueling a $4 trillion market, investors are buzzing: Is it too late to join the crypto bull run, and between COIN and SBET, which stock offers the best shot at capitalizing on this momentum? This report dives into the crypto bills’ impact, compares COIN and SBET, and outlines strategic investment approaches to ride this wave while managing risks.

“Crypto Week” Bills: A Regulatory Game-Changer

The U.S. House’s approval of three crypto bills on July 17, 2025, marks a historic shift for the $4 trillion crypto market:

• GENIUS Act: Passed with a 308-122 vote, it mandates stablecoin issuers to back coins 1:1 with cash or liquid assets, register federally, and implement anti-money laundering measures. This legitimizes stablecoins, boosting adoption.

• CLARITY Act: Approved 294-134, it classifies digital assets as securities (SEC oversight) or commodities (CFTC oversight), reducing uncertainty. Bitcoin and Ethereum are likely CFTC-bound, encouraging institutional investment.

• Anti-CBDC Surveillance State Act: Passed 219-210, it prohibits a Federal Reserve digital currency, preserving space for decentralized cryptocurrencies.

These bills, awaiting President Trump’s signature, could drive $200 billion in institutional inflows by 2026, per JPMorgan. Social media sentiment on X is bullish, with users predicting “a crypto moonshot to $150,000 for BTC” and “COIN to $500,” though some warn of “post-bill profit-taking.”

Ethereum and Solana: Fueling the Fire

• Ethereum (ETH): Up 80% YTD to $3,600, ETH’s surge reflects its dominance in DeFi (60% of $100 billion TVL) and NFTs. Spot ETH ETF approvals, expected by Q3 2025, could drive $10 billion in inflows, pushing ETH to $4,000-$4,500. Resistance at $3,800 is key; support at $3,200-$3,400 holds firm, with RSI at 68 indicating upside potential.

• Solana (SOL): Up 21% in a month to $302.50 (101% YTD), SOL’s high-throughput blockchain (65,000 TPS) fuels DeFi and gaming growth, with $5 billion TVL. Resistance at $350 could lead to $400-$500; support at $280-$290 aligns with recent lows.

Both cryptocurrencies benefit from regulatory clarity, with ETH’s stability and SOL’s volatility offering distinct opportunities.

Coinbase (COIN) vs. SharpLink Gaming (SBET): The Showdown

Coinbase Global (COIN)

• Market Position: The largest U.S. crypto exchange, COIN is up 171% YTD to $398.20, with a $120 billion market cap. It benefits from surging trading volumes, with 117 million verified users and a 40% Q1 2025 volume increase.

• Financials: Q1 2025 revenue hit $2 billion (up 36% YoY), with an $88 million net profit. Q2 earnings (July 29) are projected at $1.55 EPS and $3.3 billion revenue, up 30% YoY. A 32x forward P/E is high but reasonable vs. peers.

• Catalysts: The CLARITY Act could boost institutional trading, while tokenized stock offerings and partnerships (e.g., Perplexity AI) add revenue streams. COIN’s diversified model spans trading, custody, and staking.

• Technical Analysis: Resistance at $400-$420; support at $350-$360. RSI at 65 suggests upside potential.

• Risks: Competition from Kraken and Binance, plus tariff-driven volatility (30% on EU/Mexico, 35% on Canada), could drag COIN to $330-$350.

SharpLink Gaming (SBET)

• Market Position: A performance marketing firm for sports betting and iGaming, SBET surged 21% to $24.57, with a 274% YTD gain and a $1.4 billion market cap, driven by its $648 million Ethereum treasury (216,000 ETH).

• Financials: Q1 2025 revenue was $23 million (up 20% YoY), but a negative EPS (-$0.53 TTM) and 2.96 beta signal high risk. Recent ETH purchases (37,861 ETH for $112.55 million) boost its crypto exposure.

• Catalysts: SBET’s ETH treasury ties its value to Ethereum’s price, with potential for outsized gains if ETH hits $4,000-$4,500. Its gaming business could benefit from crypto adoption in betting.

• Technical Analysis: Resistance at $30-$35; support at $20-$22. RSI at 68 suggests room for upside but risks a pullback.

• Risks: Heavy reliance on ETH, negative EPS, and gaming sector competition (e.g., DraftKings) could trigger a drop to $20-$22.

My Pick

Coinbase (COIN) is the stronger choice for its diversified exposure to the crypto ecosystem, benefiting from trading volumes, staking, and institutional services. SBET’s high-beta play on ETH offers explosive upside but carries greater risk due to its concentrated holdings and unprofitable gaming business. COIN’s stability and market leadership make it the better bet for most investors.

Is It Too Late to Join the Crypto Bull Market?

The $4 trillion crypto market, with Bitcoin at $123,000, ETH at $3,600, and SOL at $302.50, remains vibrant:

• Bull Case: The bills’ passage could drive $200 billion in inflows by 2026, per JPMorgan, pushing BTC to $150,000, ETH to $4,500, and SOL to $500. COIN and SBET could rally 20-50%.

• Bear Case: A CRSI of 72 for BTC and $1.1 billion in short liquidations suggest a 5-10% pullback risk, with BTC testing $110,000-$115,000, COIN $330-$350, and SBET $20-$22, per 10x Research.

• Market Dynamics: The S&P 500’s 6,263.26 and Nasdaq’s 20,630 highs support risk assets, but tariffs and geopolitical tensions (Israel-Iran conflict, oil at $75/barrel) pose risks.

It’s not too late to join, but buy on dips to manage volatility, with stop-losses to limit downside.

Trading and Investment Strategies

Short-Term Plays

• Buy COIN on Dip: Enter at $350-$360, target $420-$450, stop at $330. A 10-20% gain if trading volumes surge post-bills.

• Buy SBET on Dip: Grab at $20-$22, target $30-$35, stop at $18. A 25-50% gain if ETH breaks $4,000.

• Options Straddle: Buy $398.20 calls/puts on COIN or $24.57 calls/puts on SBET for volatility around bill enactment.

• Crypto Hedge: Buy Bitcoin ETF (BITO) at $30, target $40, stop at $28, for broad exposure.

Long-Term Investments

• Hold COIN: Buy at $350-$360, target $450-$500 over 12 months, for 25-39% upside with crypto adoption.

• Hold SBET: Buy at $20-$22, target $40-$50, for 60-100% upside with ETH’s rally.

• Hold Ethereum: Buy at $3,200-$3,400, target $4,000-$4,500, for 18-32% upside with DeFi growth.

• Diversify with Tech ETF (XLK): Buy at $200, target $220, stop at $190, for broad tech exposure.

Hedge Strategies

• VIXY ETF: Buy at $15, target $18, stop at $13, to hedge against tariff or market volatility.

• SPY ETF Puts: Use puts at $614 to protect against a 5-10% S&P 500 pullback.

• Gold ETF (GLD): Buy at $200, target $220, stop at $190, as a safe-haven hedge.

My Trading Plan

I’m cautiously bullish on Coinbase for its diversified crypto exposure, seeing $420-$450 as achievable by year-end 2025 if trading volumes surge post-bills. I’ll buy COIN at $350-$360, targeting $420-$450, with a $330 stop, and SBET at $20-$22, targeting $30-$35, with an $18 stop for speculative upside. For diversification, I’ll add BITO at $30, targeting $40, with a $28 stop. I’m hedging with VIXY at $15, targeting $18, and keeping 20% cash to seize dips if tariffs (30% on EU/Mexico, 35% on Canada) or geopolitical tensions (Israel-Iran conflict) escalate. I’ll monitor bill enactment, Q2 earnings, and crypto market trends for cues.

Key Metrics

The Bigger Picture

Ethereum’s $3,600 peak and Solana’s 21% monthly surge, alongside the passage of three crypto bills, signal a robust bull market with $200 billion in potential inflows by 2026. Coinbase (COIN) offers diversified exposure to this $4 trillion market, making it a safer bet than SharpLink Gaming (SBET), which is a high-risk play on ETH’s price with its $648 million treasury. While SBET’s 274% YTD gain could extend to $30-$35 if ETH hits $4,000, COIN’s stability and 171% YTD rise position it for $420-$450. The bull market has legs, but tariff risks (30% on EU/Mexico, 35% on Canada) and geopolitical tensions (Israel-Iran conflict, oil at $75/barrel) could trigger volatility. Investors should buy COIN and SBET on dips, use options for volatility plays, and hedge with VIXY or GLD to manage risks. The crypto market’s on fire—pick your winners and trade smart.

Which stock are you betting on—COIN or SBET? Is the crypto bull market still a buy? Share your strategy below! 🎁

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📝 Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.

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