Key companies operating in the cryptocurrency sector, specifically Coinbase (COIN), Mawson Infrastructure Group (MIGI), and Earlyworks (ELWS), have captured the focus of investors this week. This renewed interest follows significant announcements from these entities regarding institutional adoption and crucial regulatory compliance with the Nasdaq stock exchange. Despite a slight slowdown in the global crypto market capitalization, these crypto stocks show bullish momentum that places them on the radar of financial analysts.
The most important catalyst comes from Coinbase, which has strengthened its position as an essential provider for large institutions. On September 23, the diversified digital asset management platform Caliber announced that it had selected Coinbase Prime as its primary trading and custody platform to support its Digital Asset Treasury (DAT) Strategy. This alliance allows Caliber to access deep liquidity and institutional-grade custody services, an endorsement that consolidates confidence in Coinbase’s infrastructure.
As a direct result of this event, COIN crypto stocks, which closed Friday’s session at $312.59, have the potential to strengthen, with analysts projecting a target of $329.26 if the bullish sentiment holds. It is a clear milestone in market evolution.
The focus on the strict regulatory compliance of the Nasdaq exchange has also generated positive movements in other mining and services crypto stocks.
The Battle for Nasdaq Listing Permanence
For Mawson Infrastructure Group (MIGI), operational stability has been the central point. The mining company confirmed, in a September 17 communication, that its US facilities continue to operate normally, maintaining its central site in Midland, Pennsylvania, as an essential core. Furthermore, Mawson managed to obtain a time extension from Nasdaq to regain compliance with the exchange’s listing standards. These updates generated a significant 8.54% gain in the stock price, which closed at $0.50, with the potential to rise above the $0.53 level if buying momentum intensifies.
Similarly, Earlyworks Co., Ltd. (ELWS) experienced an 8.47% rise, reaching $2.63 per share. Volatility has surged as investors weigh a crucial announcement. The Nasdaq Hearings Panel granted Earlyworks a final extension, until October 29, to regain compliance with the listing standards.
The company is actively working on equity financing initiatives to meet the requirements. Given this critical all-or-nothing situation, the price of ELWS could swing sharply, with bullish potential towards $3.16. However, the risk of being delisted if the deadline is missed remains a palpable concern for traders.
High volatility exists in Earlyworks.
The implications of these movements are varied. The rise in COIN underscores that institutional capital continues to flow into solid, regulated platforms, even when the general retail market takes a pause. On the other hand, the struggle of MIGI and ELWS to maintain their Nasdaq status illustrates the regulatory pressure faced by smaller companies in the crypto ecosystem. Investors are positively valuing every step toward formalization and adherence to established stock exchange rules.
Investor attention will remain fixed on the progress of Coinbase’s adoption and, fundamentally, on the financing strategies and actions taken by Mawson and Earlyworks before their respective Nasdaq compliance deadlines. The outcome of these situations will determine the short-term trajectory of these three important crypto stocks.
