A Bernstein analyst predicts that Coinbase stock may rise to $310 due to improved regulatory clarity in the US crypto space.
Bernstein Analyst's Prediction
Gautam Chhugani, an analyst at Bernstein, has rated Coinbase (COIN), listed on the NASDAQ, with an 'outperform' rating and set a price target exceeding $310.
Impact of US Policy on Crypto Innovation
President Donald Trump's administration is expected to prioritize crypto policy nationally, aiming to strengthen the US position in blockchain innovation.
Coinbase's Role in the Crypto Economy
Coinbase is seen as a universal platform for various crypto services, including exchange, brokerage, blockchain ecosystem, and more.
COIN is more than just a crypto exchange; it is a full-fledged bank in the world of blockchain-based financial services.None
Improved regulatory conditions may significantly impact the growth of Coinbase stock and reinforce the role of cryptocurrencies in the global economy.
