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Bernstein Sees Coinbase Surging to $510 Amid Positive Trends

6/26/2025

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Story summary
  • Bernstein forecasts Coinbase shares may hit $510, highlighting investor misconceptions about its infrastructure role in crypto.
  • The company stands to gain from supportive US regulations and boasts diverse revenue streams, including a $2.9 billion agreement with Deribit.
  • Coinbase's stock rose 11% to $341, fueled by positive developments such as the Senate's GENIUS Act and Ark Invest's share acquisitions.