2 Crypto Stocks to Watch Ahead of the July 1 MiCA Deadline

The Markets in Crypto Assets (MiCA) deadline is on July 1, and Coinbase (NASDAQ: COIN) and Circle (NASDAQ: CRCL) are the two most popular crypto stocks that are worth watching as the two companies emerge as MiCA compliant.

Despite their regulatory win in Europe, the two stocks have succumbed to the bearish sentiment in the broader crypto market, with COIN dropping a multi-month support of $150, while CRCL has dropped to its lowest price since February 2026.

Coinbase and Circle Crypto Stocks Emerge Winners Ahead of MiCA Deadline

Any crypto firm that offers access to clients based in the European Economic Area is being required to become compliant with Europe’s MiCA laws by July 1 or halt operations.

Binance is facing issues with becoming compliant before this deadline after its talks with regulators in Greece, Ireland, and Latvia failed.

Coinbase is now well-positioned to grow its 13% share of the European crypto market if Binance ends up halting its European operations after the deadline.

A Kaiko report on how the European crypto market performed in 2025 also revealed that both Coinbase and Binance each saw €100 million in EUR-denominated trading volumes every day, and Binance’s potential exit could move some of these volumes to Coinbase.

CRCL also stands out among the crypto stocks to watch ahead of this deadline because Tether’s exit from Europe could boost the usage of its EURC and the USDC stablecoins.

In May, Circle said that the market share for EURC in Europe had doubled between January 2025 and March 2026, suggesting that the stablecoin is winning even before the MiCA deadline.

COIN Stock Outlook as Multi-Month Support Holds

The price of COIN stock is defending the support level of $150 that has held since February 2024.

Coinbase shares closed at exactly this price on June 24 suggesting that bears are testing this support of $150 to see if it will hold like it has done for the last five months.

The last time that COIN stock price dropped below this crucial support level was on January 24, and the price moved from $150 to $123. This could happen again if the shares close below $150 for three straight days.

The RSI reading of 36 suggests that bears are not betting on the COIN recovering despite it being among the crypto stocks to watch ahead of the MiCA deadline.

Sellers are still more than buyers and this makes it likely that COIN might move below $150 if the sentiment in the broader crypto market does not shift to bullish.

The AO bars that are red and growing in length on the negative side also confirm that the momentum is favoring bears.

CRCL Stock Outlook as Sellers Near Exhaustion

The CRCL crypto stock price closed trading at $69 on June 24 marking its lowest price since February 2026 but the sellers behind this drop might be near exhaustion.

The RSI reading of 31 suggests that there was a massive surge in selling pressure between May 29 and June 24 and that pulled the price of Circle shares down from $114 to $69.

CRCL now faces the next support level at $66, but if that also fails to hold, it might move lower to the February 2026 low of $49.

The MACD line that is negative and moving below the signal line also suggests that bears are in control, and CRCL might fall below the support of $66 if buyers remain hesitant.

If Circle’s compliance with MiCA laws increases buyers interest around this crypto stock and it defends the price of $66, bulls might target $87 next to confirm a bullish reversal.