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Coinbase stock may rally to $310 on Trump-led crypto policies

Coinbase stock may rally to $310 on Trump-led crypto policies

  • 18.03.2025 14:17
  • cointelegraph.com
  • Keywords: Coinbase

Coinbase stock may rise over $310, a 64% increase from its current price of $188, according to Bernstein analyst Gautam Chhugani. The prediction is driven by improving crypto regulations in the US under Trump's administration.

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Estimated market influence

Coinbase

Coinbase

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Analyst rating: Buy

Coinberg is expected to benefit from improving crypto regulatory clarity in the US, driven by Trump's administration policies. The stock price prediction suggests a significant rally, indicating positive market sentiment and potential growth for Coinbase.

Context

Analysis of Coinbase Stock Rally Potential

Overview

  • Bernstein Prediction: Gautam Chhugani, Bernstein analyst, predicts Coinbase (COIN) stock could rally over 64% to surpass $310 from its current price of $188.
  • Price Target: The analyst sets a price target of over $310, reflecting strong growth potential.

Key Factors Driving the Rally

1. Regulatory Clarity in the US

  • Improved Regulations: The US is moving toward clearer crypto regulations, positioning itself as a global hub for blockchain innovation under Trump's administration.
  • Mainstream Adoption: Regulatory clarity is expected to boost mainstream cryptocurrency adoption.

2. Government Policies and Support

  • Trump Administration Focus: President Trump’s initiative aims to make the US a global leader in blockchain technology.
  • Recent Developments: Following Trump’s March 7 crypto-focused meeting and subsequent executive order, which addresses cryptocurrency forfeitures in criminal cases.

3. Coinbase's Competitive Strengths

  • Full-Stack Crypto Platform: Coinbase offers a comprehensive suite of services, including exchange, broker/dealer, institutional prime desk, stablecoin banking, payments, custodian bank, and blockchain ecosystem tools.
  • Analyst Comparison: Bernstein describes Coinbase as the "Amazon" of crypto financial services, highlighting its dominance in the market.

Market Implications

1. Industry Impact

  • Crypto Ascendancy: Improved regulations and government support could accelerate Bitcoin’s integration into the global financial system.
  • Analyst Sentiment: Analysts like Joe Burnett from Unchained view this as a positive step toward recognizing Bitcoin’s role in a stable monetary system.

2. Competitive Dynamics

  • Market Leadership: Coinbase’s diversified service offerings position it ahead of competitors, making it a one-stop solution for crypto activities.
  • Strategic Advantage: The company’s ability to adapt and innovate in the blockchain space gives it a significant edge.

Long-Term Effects and Risks

1. Regulatory Tone

  • Importance of Policy: Anastasija Plotnikova, co-founder of Fideum, emphasizes that setting the "right regulatory tone" will be crucial for sustained growth in the crypto sector.

2. Global Crypto Hub Potential

  • US Leadership: The US’s focus on blockchain innovation could establish it as a global leader in cryptocurrency, benefiting companies like Coinbase.

Conclusion

Coinbase is well-positioned to capitalize on improving regulatory clarity and government support for crypto in the US. Its comprehensive service offerings and strategic positioning make it a standout player in the industry, with significant growth potential under favorable policies.