- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
U.S. Bank Upgrades Coinbase Stock to 'Buy'
BlockBeats News, January 8th, Bank of America has upgraded Coinbase's rating to "Buy," citing reasons including accelerated product expansion, strategic realignment, and a more attractive current valuation. Bank of America pointed out that Coinbase's stock price has retraced by about 40% from its July peak, but the product momentum in the second half of the year is improving.
Bank of America emphasized that Coinbase is accelerating its layout in stocks, ETFs, and the prediction market; its Layer 2 network Base is seen as a key infrastructure-level growth engine; at the same time, Coinbase Tokenize is expected to become a significant catalyst for Real World Asset (RWA) tokenization. With the P/E ratio down about 40% from the mid-2024 level, Bank of America reiterated its $340 price target for Coinbase, implying about 38% upside, and believes that Coinbase is poised to maintain a long-term industry leadership position as it moves towards 2026.
You may also like
America's First State-Backed Stablecoin FRNT: Can It Save Wyoming Amid Energy Slump?
Vietnam Sets Mid-January Timeline for Pilot Crypto Exchange Approvals
Key Takeaways Vietnam aims to regulate its growing cryptocurrency market by licensing pilot digital asset exchanges under a…
Former Brazil Central Bank Official Introduces Real-Pegged Stablecoin Offering Yield Sharing
Key Takeaways BRD, a newly unveiled stablecoin by Tony Volpon, a former director of the Central Bank of…
Barclays Invests in Stablecoin Settlement Firm as Tokenized Infrastructure Expands
Key Takeaways Barclays has invested in Ubyx, a U.S.-based startup focused on developing clearing systems for tokenized forms…
Lloyds Bank Achieves a Milestone: UK’s First Gilt Purchase via Tokenized Deposits
Key Takeaways Lloyds Bank executed the first-ever UK government gilt purchase through tokenized deposits, highlighting a transformative use…
JPMorgan Targets Canton Network for Next Phase of JPM Coin
Key Takeaways JPMorgan’s Kinexys unit is set to advance the use of JPM Coin by integrating it with…
Seven Chinese Financial Associations Declare RWA Tokenization Illegal
Key Takeaways Seven major Chinese financial associations have declared Real-World Asset (RWA) tokenization illegal, reflecting its categorization as…
Coinbase Stock Jumps 8% After Goldman Sachs Upgrades COIN to Buy
Key Takeaways: Coinbase’s stock increased by 8% following Goldman Sachs’ upgrade from “neutral” to “buy.” Goldman cited confidence…
Dogecoin Price Prediction: DOGE Enters Its Most Significant Buy Zone – Is This the Beginning of a 2026 Breakout?
Key Takeaways Dogecoin has seen a dramatic price increase of nearly 20% in just seven days as of…
If you are long on oil, Maduro's arrest is not good news
2025 Crypto Violence Retrospective: Increasing Assaults and Fatal Incidents in a Growing Market
Key Takeaways Violent incidents involving cryptocurrency holders have escalated, with 2025 documenting 65 attacks, including 4 fatalities. The…
Dissecting Polymarket’s Top 10 Whales’ 27,000 Transactions: The Smart Money Mirage and the Law of Survival
Key Takeaways Prediction markets have gained popularity, with smart money’s arbitrage strategies being particularly notable. A detailed analysis…
The RWA Circuit: A Key Avenue for New Funds in the Crypto Market
Key Takeaways: The RWA circuit is gaining significant attention in the crypto market, sparking discussions about its potential…
Trump Family’s WLFI Crypto Project Surpasses Real Estate Wealth in a $5 Billion Success
Key Takeaways: WLFI, the crypto project involving the Trump family, has boosted their net worth by $5 billion,…
Multicoin: Why Are We Bullish on Stablecoins as FinTech 4.0?
The US can't control Latin America, so they took out Maduro
Cash-like Privacy Among Digital Euro’s Challenging Political Decisions
Key Takeaways The digital euro, a planned central bank digital currency by the European Union, is facing significant…
Russia Tightens Crypto Mining Regulations Amid Global Digital Currency Developments
Key Takeaways Russia’s new legislative proposal aims to impose strict penalties on unregistered cryptocurrency mining, highlighting the government’s…
America's First State-Backed Stablecoin FRNT: Can It Save Wyoming Amid Energy Slump?
Vietnam Sets Mid-January Timeline for Pilot Crypto Exchange Approvals
Key Takeaways Vietnam aims to regulate its growing cryptocurrency market by licensing pilot digital asset exchanges under a…
Former Brazil Central Bank Official Introduces Real-Pegged Stablecoin Offering Yield Sharing
Key Takeaways BRD, a newly unveiled stablecoin by Tony Volpon, a former director of the Central Bank of…
Barclays Invests in Stablecoin Settlement Firm as Tokenized Infrastructure Expands
Key Takeaways Barclays has invested in Ubyx, a U.S.-based startup focused on developing clearing systems for tokenized forms…
Lloyds Bank Achieves a Milestone: UK’s First Gilt Purchase via Tokenized Deposits
Key Takeaways Lloyds Bank executed the first-ever UK government gilt purchase through tokenized deposits, highlighting a transformative use…
JPMorgan Targets Canton Network for Next Phase of JPM Coin
Key Takeaways JPMorgan’s Kinexys unit is set to advance the use of JPM Coin by integrating it with…
App