COIN Stock Outlook: Key Resistance Breaks as Bernstein Forecasts World Cup Prediction Markets Will Supercharge Revenues

Coinbase (NASDAQ: COIN) stock closed at $160.43 on June 11 after gaining by 4.2%. The gain coincided with two bullish factors: a peace deal reached in the US-Iran war and Bernstein forecasting a surge in Coinbase’s revenue because of its share in the World Cup prediction markets. Bernstein says that the annualized revenue from Coinbase’s