Coinbase stock may rally to $310 on Trump-led crypto policies
18 Março 2025 - 10:45AM
Cointelegraph


Coinbase exchange’s stock price has received an optimistic price
prediction from a Bernstein analyst, citing improving crypto
regulatory clarity in the world’s largest economy.
Gautam Chhugani, an analyst at global asset management firm
Bernstein, initiated coverage of Nasdaq-listed Coinbase (COIN)
stock with an outperform rating and a price target of over
$310.
The analyst expects improving mainstream cryptocurrency
adoption, driven by US President Donald Trump’s administration,
which intends to make crypto policy a
national priority and make the US a global hub for blockchain
innovation, according to a Bernstein research note seen by
Tipranks.
If Coinbase shares manage to rise to $310, it would mean an over
64% rally from the current $188 mark, Google
Finance data shows.
COIN/USD, all-time chart. Source: Google
Finance
The bullish price prediction comes over a week after Trump
hosted the first White House
Crypto Summit on March 7, shortly before he signed an
executive
order that outlined a plan
to create a Bitcoin reserve using cryptocurrency forfeited in
government criminal cases, Cointelegraph reported.
Related: Bitcoin beats global assets post-Trump election,
despite BTC correction
Coinbase stock may surge on improving crypto regulatory clarity
in the US
Coinbase is set to benefit from crypto’s “ascendancy to the US
financial mainstream” amid improving regulations, mainly due to the
firm offering a one-stop platform for numerous crypto activities,
wrote the research note, adding:
“COIN is described as a crypto exchange, but it is
actually what a universal Bank would look like in the world of
blockchain-based financial services.”
“COIN offers an exchange, broker/dealer, institutional prime
desk, stablecoin banking, crypto payments, custodian bank, software
and blockchain ecosystem services, all combined into a full stack
‘Amazon’ of crypto financial services,” added the report.
Related: FDIC
resists transparency on Operation Chokepoint 2.0 — Coinbase
CLO
Crypto regulation is heading in a positive direction, with some
analysts seeing the US Bitcoin reserve
plan as the first “real step” for Bitcoin’s integration into
the global financial system.
“The US has taken its first real step toward integrating Bitcoin
into the fabric of global finance, acknowledging its role as a
foundational asset for a more stable and sound monetary system,”
Joe Burnett, head of market research at Unchained, told
Cointelegraph.
While Trump has previously highlighted his intentions to bolster
crypto innovation in the US, issuing
regulatory frameworks takes time and setting the “right
regulatory tone” will be crucial for the administration, according
to Anastasija Plotnikova, co-founder and CEO of Fideum — a
regulatory and blockchain infrastructure firm focused on
institutions.
Magazine: Bitcoin’s odds of June highs, SOL’s $485M
outflows, and more: Hodler’s Digest, March 2 –
8
...
Continue reading Coinbase stock may rally to $310 on
Trump-led crypto policies
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Coinbase stock may rally to $310 on Trump-led crypto
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