Investment firm Bernstein has significantly upgraded Coinbase’s price target to $510 by 2027, citing its resilience amid regulatory clarity and market dominance. Analysts highlighted Coinbase’s persistent market share, compliance-first approach, and involvement in stablecoin adoption as key growth drivers. The note also pointed to strategic moves like the Deribit acquisition and Base network adoption by institutions like JP Morgan. Unlike failed exchanges, Coinbase has avoided major hacks, reinforcing its ‘crypto safe haven’ status. The stock, trading at $349, has surged 36% YTD amid favorable crypto policies and S&P 500 inclusion.
about Bernstein Upgrades Coinbase Target to $510, Calls It 'Misunderstood'Mahika Sapra
0 posts last weekEthereum Surges 42% as Stablecoin Adoption Grows
Ethereum’s price surged 42% in the past week, reaching nearly $2,600, driven by increasing institutional and retail adoption of stablecoins and blockchain technology. Bernstein analysts highlight the growing use of stablecoins for cross-border payments, the potential for brokerages like Robinhood to offer tokenized equities on Ethereum-based Layer-2 networks, and a shift in investor perception favoring ETH. The Pectra upgrade, a more crypto-friendly U.S. political environment, and major corporate moves like Stripe’s stablecoin services and Meta’s renewed stablecoin venture have further bolstered Ethereum’s position. Bernstein notes that Ethereum dominates 51% of stablecoin supply and sees Layer-2 chains as key drivers of future ETH demand.
about Ethereum Surges 42% as Stablecoin Adoption GrowsBitcoin Analysts Predict Price Will Reach 200000 This Year
Bitcoin has recently dipped below $90,000 for the first time since November, yet analysts at Bernstein remain optimistic, projecting a rise to $200,000 within the year. They attribute the ongoing bull run to institutional investments and the approval of Bitcoin exchange-traded funds, despite current market volatility influenced by economic factors and political policies. With Bitcoin up 69% over the past year, the analysts view the recent price correction as a buying opportunity.
about Bitcoin Analysts Predict Price Will Reach 200000 This Year