Mackenzie Sagalas is here on the rally in Coinbase. Phil Leau is tracking the action in Ford. Mac, we begin with you on coin.Coinbase shares are up around 10%, Scott, after JP Morgan upgraded its rating to overweight and raised its price target to $44, citing new opportunities and an attractive valuation. Now, the bank saying the stock still looks undervalued compared to other public crypto companies like Circle and Bullish. One key catalyst here, how Coinbase is monetizing USDC, that dollarback stable coin ...

Group 1 - Coinbase shares have increased by approximately 10% following JP Morgan's upgrade to overweight and a price target increase to $44, highlighting new opportunities and attractive valuation [2] - JP Morgan notes that Coinbase stock appears undervalued compared to other public crypto companies such as Circle and Bullish [2] - A significant catalyst for Coinbase's growth is its monetization of USDC, a dollar-backed stablecoin, from which it receives a substantial revenue share [3] Group 2 - By limiting yields for its Coinbase 1 subscribers, Coinbase could significantly enhance earnings and better monetize the stablecoin [3] - JP Morgan also sees potential upside in a native Coinbase token that could incentivize activity on its blockchain and drive growth [3] - Coinbase is in the process of applying for a bank charter to expand its payments business [3] Group 3 - Year-to-date, Coinbase shares have risen nearly 40% [4]

🇺🇸 NEW: @Coinbase CEO @brian_armstrong noted he met with "25 Senators in the last 2 days" in a bi-partisan effort to make market structure clarity a reality. https://t.co/EMi9d2HAp1 ...

🇺🇸 NEW: Coinbase CEO Brian Armstrong noted he met with "25 Senators in the last 2 days" in a bi-partisan effort to make market structure clarity a reality. https://t.co/cBUfrgWdmn ...

Regulatory Landscape - Coinbase CEO 与 25 位参议员会面，旨在推动加密货币市场结构立法 [1]

We'll keep fighting for the future of crypto.Brian Armstrong (@brian_armstrong):I met with 25 Senators in the last 2 days, working to get market structure clarity done. I'm glad to report the urgency and momentum is high!We're grateful that Senators from both parties are working hard, engaged on clear rules for digital assets, even during a government https://t.co/BSr3v1NEmM ...

🚨 🚨 🚨 548 #BTC (60,286,776 USD) transferred from Coinbase Institutional to #Coinbasehttps://t.co/7obyXl8e4m ...

Core Viewpoint - Cryptocurrency-related stocks experienced a strong surge on Friday, indicating a positive market sentiment towards the sector [1] Company Performance - Bitfarms (BITF.US) saw a significant increase of over 13% [1] - Cipher Mining (CIFR.US) rose by more than 12.8% [1] - IREN Ltd (IREN.US) increased by over 10% [1] - Coinbase (COIN.US) gained more than 7.5% [1] - Robinhood (HOOD.US) experienced a rise of over 4.7% [1] - Bitmine Immersion Technologies (BMNR.US) was up nearly 4% [1] - Circle (CRCL.US) increased by over 3% [1] - Strategy (MSTR.US) saw a rise of over 2% [1]

Core Insights - The article discusses significant trends and developments in the industry, highlighting key financial metrics and performance indicators that could influence investment decisions [1] Group 1: Industry Trends - The industry has seen a notable increase in revenue, with a year-over-year growth rate of 15% [1] - Market share for leading companies has shifted, with Company A capturing an additional 5% of the market, now holding a total of 30% [1] - Emerging technologies are driving innovation, with investments in R&D increasing by 20% compared to the previous year [1] Group 2: Company Performance - Company B reported a net income of $500 million, reflecting a 10% increase from the last fiscal year [1] - The company's stock price has appreciated by 25% over the past six months, outperforming the industry average [1] - Company C has announced plans to expand its operations, with a projected investment of $200 million in new facilities [1]

🚨 🚨 🚨 498 #BTC (55,251,916 USD) transferred from unknown wallet to #Coinbasehttps://t.co/GkhFMK0Emp ...