Bank of America raises Coinbase price target to $203, keeps Buy rating
BofA's revised target for Coinbase highlights the growing importance of stablecoin revenue and the impact of monetary policy on future earnings. The post Bank of America raises Coinbase price target to $203, keeps Buy ra...
Watchlist
Published in the last two hours. A tracked entity is involved.
BofA's revised target for Coinbase highlights the growing importance of stablecoin revenue and the impact of monetary policy on future earnings.
The post Bank of America raises Coinbase price target to $203, keeps Buy rating appeared first on Crypto Briefing.
Why this matters
Coinbase is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on Crypto BriefingRelated market context
American Bankers Sue OCC Over Crypto Bank Charters, Challenging Coinbase and Circle
The lawsuit, filed October 2 in the U.S. District Court for the District of Columbia, puts the growing role of crypto firms within...
Near Protocol ETF Puts NEAR Back on Institutional Investors’ Radar
Bitwise Investment Advisers’ Bitwise NEAR Protocol ETF, ticker NRR, is designed to hold NEAR directly and seek additional tokens t...
HSBC RedCoin Targets 74% Stablecoin-Aware Users Ahead of Hong Kong Launch
Key Takeaways: HSBC has officially unveiled the name of its stablecoin, HSBC RedCoin Of the 1,060 consumers surveyed, 74% now unde...
Kraken operator Payward and Singapore Gulf Bank platform for 24/7 institutional crypto settlement
The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf r...
Bankers sue to overturn OCC trust-bank rule used by crypto firms
The Independent Community Bankers of America sued the OCC in federal court in Washington on Oct. 2, two weeks after the agency app...
S&P Global Targets $10B Blockchain Lending Market With New Risk Tool
S&P Global Ratings launched its Vault Risk Assessment (VRA), offering a forward-looking assessment of six risks that could impair...