Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap: $2,962,519,758,909
24h Vol: $110,609,341,992
Cryptocurrencies: 13105
Markets: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino
$2,962,519,758,909
Market Cap
$110,609,341,992
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
CoinDesk 2025-03-18 12:42:11

Coinbase Initiated at Outperform at Bernstein; Best-Positioned to Benefit From Regulatory Tailwinds

Coinbase Initiated at Outperform at Bernstein; Best-Positioned to Benefit From Regulatory Tailwinds

The crypto industry is expected to join the financial mainstream in the U.S. as the regulatory environment improves, and Coinbase (COIN) is well positioned to benefit from these tailwinds, broker Bernstein said in a report Monday. Bernstein initiated coverage of the crypto exchange with an outperform rating and a $310 price target. The shares dropped 2% to $185.20 in early trading. Regulatory clarity will result in more competition for Coinbase from fintech companies, brokers and banks, the report said. Still, a "strong bull market and rising U.S. onshore dominance" is expected to more than offset market share and pricing pressures, analysts led by Gautam Chhugani wrote. An improving regulatory backdrop under Donald Trump's new administration is viewed as a huge tailwind for digital assets, and the President has promised to make the U.S. the " crypto capital of the world ." The Securities and Exchange Commission (SEC) has formed a new crypto task force led by Commissioner Hester Peirce to draft new regulation for the industry. Coinbase has done well to diversify beyond trading, the report said, and the exchange now has a strong presence in U.S. dollar stablecoins and crypto yield services, such as staking. Bernstein said it expects Coinbase to grow non-trading revenues by around a 31% compound annual growth rate (CAGR) between 2024-2026. This provides a "strong balance to cyclicality of trading revenues," the report added. Coinbase recently secured FIU registration, paving the way for a return to the Indian market, the company said in a blog post earlier this month. Read more: Coinbase Plans India Comeback After Securing Regulatory Registration With FIU

Most Read News

$2,962,519,758,909
Market Cap
$110,609,341,992
24h Vol
60.37%
Bitcoin Share
639
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.