3 Crypto Stocks to Watch as MiCA Regulations Reshape $400B EU Crypto Market

The EU MiCA regulations have created winners and losers, where hundreds of crypto firms are exiting because of non-compliance, leaving a handful of firms to take over a crypto market that had $400B in volumes in 2025, per a recent Kaiko report. The crypto stocks of the remaining firms are recording gains as investors bet that the new market share will drive revenues.

Coinbase (NASDAQ: COIN), Robinhood (NASDAQ: HOOD) and Circle (NASDAQ: CRCL) are among the firms whose stocks are worth watching because of the new regulations.

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MiCA Crypto Regime Goes Into Effect

A previous report by CoinGape noted that only 244 crypto firms have secured a license to offer crypto services in the EU under the new MiCA regulations.

Some of the big names that are leaving the EU because of non-compliance include Binance and Tether.

Binance even told its clients in the EU to start withdrawing their assets from the exchange after regulators in Greece turned down its license application. But the extent of the damage caused by the Binance exit remains unknown because it is not a listed company with a crypto stock.

Coinbase and OKX are now scrambling to take over the users that Binance is leaving behind and are even giving transfer bonuses to these users.

But not all crypto firms are looking to remain in the EU, as Tether CEO criticises how legislators structured that crypto law.

Ardoino says that any crypto firm that complies with MiCA has to deposit 60% of its reserves in small EU banks that may be unable to handle redemptions in the future.

“I think it’s a very not well thought legislation,” Ardoino said.

Still, the EU crypto market handled more than $400 billion in crypto trading volumes in 2025, making it a lucrative target for any listed crypto firm that wants to increase its revenue.

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COIN Crypto Stock Price Soars After MiCA Deadline

Coinbase is among the crypto firms that complied with the MiCA guidelines. COIN stock price is up by 7% today, July 2, to trade at $170 at the time of writing.

Coinbase shares rose as investors projected that the EU crypto traders who previously used Binance might move to Coinbase.

The exchange is offering a 5% transfer bonus to users who move their assets to Coinbase before July 13 as a way to increase its market share in the EU.

Coinbase shares could rise to the May 29 high of $189 if buying pressure remains high as investors bet that complying with MiCA is going to bring more users to Coinbase and increase the company’s revenues.

However, the RSI reading of 53 shows that the momentum is now favoring bulls, and the ADX line that is dropping shows that the uptrend is weak.

Buying pressure needs to increase to push this RSI above 50 because that will signal that bulls are now in control and the uptrend might continue.

Robinhood Expands Footprint in Europe as HOOD Stock Gains 8%

Robinhood has taken advantage of the ongoing exit by crypto firms out of MiCA to expand its services in the EU.

A report by Reuters noted that investors in the EU can now trade perpetual futures tied to commodities, ETFs, or currency pairs on the Robinhood exchange.

Robinhood is also among the exchanges that will remain in Europe because it complied with MiCA regulations before the deadline on July 1.

HOOD stock price had soared by 8% on July 2, to close trading at $118 as the company’s growing presence in the EU lured buyers.

This crypto stock closed trading above the obstacle of $108 on July 1. It needs to make two more closes above this resistance of $108 to confirm that bulls have a good grip and they could push the price to the October 2025 high of $150.

The CMF indicator that is positive suggests that buying pressure is more than the selling pressure. If buyers remain active, HOOD stock could reach $150 in July 2026.

The AO bars that have turned green also suggest that the momentum is favoring bulls.

CRCL Crypto Stock Surges 7% on MiCA Compliance

CRCL stock price was up 7% today, July 2, to trade at $66 at the time of writing. The rally comes amid the company’s compliance with MiCA despite fears that a new stablecoin known as OUSD could overtake USDC in usage.

ARK Invest also bought $17.8 million worth of CRCL stock, suggesting that the MiCA narrative appealed to the fund manager.

CRCL stock needs to move above the obstacle at $76 to confirm a return of bullish trends. If it can close above $76 for three straight days, the stock might rise to $87.

However, Circle shares could move below $64 if the gains being seen fail to hold. Dropping below this support of $64 might see the stock move lower to the psychological support of $60.

The stoch RSI reading of 37 suggests that the momentum is still favoring bears, which might cause weakness in the crypto stock’s price in the near term.