cryptd.in

另类 LinkedIn 适合加密人才

Coinbase: A Surprising Champion Of The Trump Trade, Eyes New Stock Records

Coinbase (COIN) is experiencing significant momentum, with its stock poised to reach a record closing high as the cryptocurrency sector enters what the White House has dubbed “Crypto Week.” 

The positive trend for the crypto industry has been notable since President Donald Trump took office, culminating in Bitcoin (BTC) hitting record highs beyond the $123,000 level on Monday. 

This surge is attributed to favorable legislative developments, the resolution of ongoing lawsuits with the US Securities and Exchange Commission (SEC), and the appointment of regulators who are seen as supportive of the crypto space.

COIN Poised For $100 Billion Market Cap

Coinbase has had an impressive start to 2025. Analysts at Ned Davis Research 强调 in a recent note that no other company seems to be benefiting as much from the current political climate as Coinbase. 

In Monday trading, shares of Coinbase rose by 2% to $394.79, following a record closing high of $388.96 just days earlier. The stock has jumped an impressive 63% this year and is on track to achieve a market capitalization exceeding $100 billion for the first time.

Coinbase

A significant turning point for Coinbase came in February when the SEC dropped a lawsuit that had been pending for two years, which accused the company of operating as an unregistered securities exchange. 

This victory was followed by Coinbase becoming the first cryptocurrency firm to join the S&P 500, further solidifying its status in the market. 

Investors are particularly optimistic as Congress prepares to discuss three bills aimed at clarifying the regulatory framework surrounding the cryptocurrency sector. The legislation has garnered broad support among crypto advocates. 

Additionally, the SEC’s decision to move crypto oversight to its more favorable Cyber & Technology unit and repeal a rule requiring financial institutions to treat crypto custody holdings as liabilities has further boosted market confidence.

Positive Long-Term Outlook For Coinbase

Looking ahead, analysts from Benchmark Equity Research anticipate that Coinbase will successfully petition the SEC to offer tokenized equities on its platform. CEO Brian Armstrong’s “close ties to Trump” are expected to play a role in this endeavor. 

Moreover, Coinbase is well-positioned to benefit from the Clarity Act, one of the bills under consideration, which aims to enhance institutional confidence in digital asset trading and holding.

Benchmark has maintained a Buy rating for Coinbase, setting a price target of $421. However, some analysts caution that the positive developments may already be reflected in the stock’s current price. 

Owen Lau of Oppenheimer recently assessed the likelihood of the Clarity Act passing at 70% and slightly adjusted his estimates for Coinbase’s trading volume ahead of the company’s earnings report scheduled for July 31.

Even if the upcoming earnings release disappoints, experts believe that the underlying momentum of Coinbase will not be significantly affected. Oppenheimer has reiterated an Outperform rating, raising its price target to $417 from a previous $395.

Featured image from DALL-E, chart from TradingView.com 


评论

发表回复

您的邮箱地址不会被公开。 必填项已用 * 标注

最新信息

热门类别

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (401) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (72) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (65) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (5) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接,希望与大家分享。