{"id":125316,"date":"2025-03-18T14:15:43","date_gmt":"2025-03-18T14:15:43","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125316"},"modified":"2025-03-18T14:15:43","modified_gmt":"2025-03-18T14:15:43","slug":"coinbase-stock-may-rally-to-310-on-trump-led-crypto-policies","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125316","title":{"rendered":"Coinbase stock may rally to $310 on Trump-led crypto policies"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsCoinbase exchange\u2019s stock price has received an optimistic price prediction from a Bernstein analyst, citing improving crypto regulatory clarity in the world\u2019s largest economy.<br \/>\nGautam 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.<br \/>\nThe analyst expects improving mainstream cryptocurrency adoption, driven by US President Donald Trump\u2019s 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.\u00a0<br \/>\nIf Coinbase shares manage to rise to $310, it would mean an over 64% rally from the current $188 mark, Google Finance data shows.<br \/>\nCOIN\/USD, all-time chart. Source: Google FinanceThe 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.<br \/>\nRelated: Bitcoin beats global assets post-Trump election, despite BTC correction<br \/>\nCoinbase stock may surge on improving crypto regulatory clarity in the US<br \/>\nCoinbase is set to benefit from crypto\u2019s \u201cascendancy to the US financial mainstream\u201d amid improving regulations, mainly due to the firm offering a one-stop platform for numerous crypto activities, wrote the research note, adding:<br \/>\n\u201cCOIN 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.\u201d<br \/>\n\u201cCOIN 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 \u2018Amazon\u2019 of crypto financial services,\u201d added the report.<br \/>\nRelated: FDIC resists transparency on Operation Chokepoint 2.0 \u2014 Coinbase CLO<br \/>\nCrypto regulation is heading in a positive direction, with some analysts seeing the US Bitcoin reserve plan as the first \u201creal step\u201d for Bitcoin\u2019s integration into the global financial system.<br \/>\n\u201cThe 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,\u201d Joe Burnett, head of market research at Unchained, told Cointelegraph.<br \/>\nWhile Trump has previously highlighted his intentions to bolster crypto innovation in the US, issuing regulatory frameworks takes time and setting the \u201cright regulatory tone\u201d will be crucial for the administration, according to Anastasija Plotnikova, co-founder and CEO of Fideum \u2014 a regulatory and blockchain infrastructure firm focused on institutions.<br \/>\nMagazine: Bitcoin\u2019s odds of June highs, SOL\u2019s $485M outflows, and more: Hodler\u2019s Digest, March 2 \u2013 8<a href=\"https:\/\/cointelegraph.com\/news\/coinbase-stock-could-surge-64-amid-trump-backed-crypto-push-bernstein?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsCoinbase exchange\u2019s stock price has received an optimistic price prediction from a Bernstein analyst, citing improving crypto regulatory clarity in the world\u2019s largest economy. Gautam Chhugani, an analyst&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125316"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125316"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125316\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125316"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}