Bernstein rates Coinbase “outperform” and sets price target at $310

Odaily Planet Daily News Critics are concerned about the growing competition and fee pressure on Coinbase, but Bernstein has a different view. They have given Coinbase an "outperform" rating and set its stock target price at $310. Analysts pointed out that Coinbase is the largest cryptocurrency exchange in the United States, with a market share of about 66%, assets of more than $400 billion, and about 10 million active users. The Trump administration hopes to build the United States into the "cryptocurrency capital of the world", including the establishment of a strategic reserve of Bitcoin, the adoption of digital assets by banks, and the regulation of stablecoins and market structures. Coinbase remains the dominant platform. (The Block)