Core Viewpoint - Coinbase's stock (COIN) experienced an 8% increase following an upgrade from Goldman Sachs, which highlighted growth in tokenization, crypto infrastructure, and prediction markets as key factors for its positive outlook [1][3]. Group 1: Stock Performance - After a negative performance in 2025, COIN stock attracted new buying interest, closing at $254 on January 5, with a year-to-date gain of 10.56% [2]. - Goldman Sachs set a price target of $303 for COIN, indicating a potential upside of approximately 34% from recent lows around $225 [4]. Group 2: Revenue Growth and Product Expansion - Recent product launches and increased revenue from infrastructure-related services have bolstered Coinbase's long-term growth outlook [3]. - The bank estimates that new trading offerings, including US equities, prediction markets, derivatives, and enhanced banking services, now account for about 40% of Coinbase's revenue, a significant increase from less than 5% five years ago [4]. Group 3: Strategic Developments - Coinbase has initiated trading of its native COIN stock on its own exchange, marking a significant step in its operational strategy [5]. - CEO Brian Armstrong emphasized the company's goal of providing a comprehensive platform for users to access a wide range of financial products, including lower-rate loans and enhanced rewards credit cards [6][7].

Core Insights - Coinbase's stock (COIN) experienced a significant decline of nearly -50% in H2 2025 but showed signs of recovery with an +8% increase following a Goldman Sachs upgrade from "neutral" to "buy" and a target price increase from $294 to $303, indicating an approximate +18% upside potential [1][3] Group 1: Market Sentiment and Analyst Upgrades - The upgrade from Goldman Sachs signals a bullish sentiment towards Coinbase, suggesting that the company is viewed as a long-term winner rather than a speculative investment [3] - Traditional banks are beginning to view crypto exchanges as integral to future financial infrastructure, which may enhance the legitimacy and stability of the crypto market [2][4] Group 2: Competitive Landscape and Strategic Shifts - Increased competition is anticipated in the crypto trading space as traditional retail brokerage and crypto trading converge, potentially affecting market share and pricing strategies for Coinbase [4] - Coinbase is evolving into an "everything exchange," expanding its offerings beyond just cryptocurrency trading to include stocks, prediction markets, and tokenized assets, aligning with its 2026 strategic plan [6]

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting with competent advisors before making any financial decisions, particularly in relation to investments in cryptocurrencies and CFDs [1]. Group 1 - The website provides general news, personal analysis, and third-party materials intended for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as a recommendation or advice for investment actions [1]. - The accuracy and reliability of the information are not guaranteed, and users are cautioned against relying solely on the content provided [1]. Group 2 - The website discusses the complexities and high risks associated with cryptocurrencies and CFDs, highlighting the potential for significant financial loss [1]. - It encourages users to conduct their own research and fully understand the instruments and risks involved before making investment decisions [1].

（来源：吴说） Coinbase 全球投资研究主管 David Duong 警告称，随着量子计算进展加速，比特币长期安全性正面临结 构性风险，约 三分之一的比特币因相关钱包公钥已公开，可能在未来量子攻击中处于脆弱状态。其指 出，量子威胁已从理论问题演变为现实风险，核心隐患在于签名安全而非挖矿效率。今年 5 月， BlackRock 亦在其 iShares Bitcoin Trust 的招股文件中将量子计算明确列为风险因素。（DL News） ...

Coinbase Global Inc. (NASDAQ:COIN)  CEO Brian Armstrong said Monday that his longevity startup, NewLimit, is working on extending human lifespan by treating age-related diseases.Can Aging Diseases Be Erased?Armstrong said in an X post that the new venture’s goal is to extend healthspan by restoring the function cells had when they were younger.“The thing that got me excited about that was like all these major diseases are correlated with aging,” Armstrong shared a clip from his recent podcast with Rick Robi ...

Group 1: Insurance Sector - The insurance sector continues to rise, with China Ping An (02318) up 5.17%, New China Life (01336) up 4.14%, China Life (02628) up 4.83%, and China Pacific Insurance (02601) up 3.29%. The National Financial Regulatory Administration reported that the insurance industry achieved a total premium income of 57,629 billion yuan, a year-on-year increase of 7.6% for the first 11 months of 2025 [1][2]. Group 2: Hydrogen Energy - Guofu Hydrogen Energy (02582) saw a rise of over 7.2% after announcing the delivery of a total of 424 sets of vehicle-mounted high-pressure hydrogen supply systems to clients, which will be used in fuel cell buses in Guangzhou [1]. Group 3: Coal Sector - Coal stocks collectively rose, with China Coal Energy (01898) up 4.33%, Yanzhou Coal Mining (01171) up 3.18%, and China Shenhua Energy (01088) up 2.31%. Since late November, port thermal coal prices have been on a downward trend, dropping from a high of 834 yuan/ton to a low of 670 yuan/ton, before rebounding on December 31, increasing by 8 yuan/ton to 678 yuan/ton [1]. Group 4: Solar Energy and AI - Junda Co., Ltd. (02865) increased by over 6.1% following a report from Guotai Junan that Elon Musk proposed a plan to deploy 100GW of solar AI satellites annually, driving demand for space photovoltaic technology [1]. Group 5: Lithium Mining - Lithium stocks were active, with Ganfeng Lithium (01772) up 4.22% and Tianqi Lithium (09696) up 2.85%. After breaking through the 130,000 yuan/ton mark, lithium carbonate futures surged over 8%, reaching a high of 137,760 yuan/ton [2]. Group 6: Real Estate Sector - Domestic real estate stocks continued to rise, with Beike-W (02423) up 3.44%, Longfor Group (00960) up 5.24%, China Jinmao (00817) up 5.34%, and China Resources Land (01109) up 3.64%. An article published in "Qiushi" magazine emphasized the need to improve and stabilize expectations in the real estate market [2]. Group 7: Baby Products - Different Group (06090) rebounded by over 34.99%. According to a report from China Merchants Securities, the company is positioned as a mid-to-high-end baby products brand with strong product development and channel expansion capabilities, targeting middle-class and high-net-worth consumers [3]. Group 8: Mining Sector - Zijin Mining (02899) rose nearly 6%, reaching a historical high. The company recently announced an annual profit forecast of 51 to 52 billion yuan, an increase of approximately 18.9 to 19.9 billion yuan compared to the previous year's profit of 32.051 billion yuan, representing a year-on-year growth of about 59% to 62% [3]. Group 9: U.S. Stock Market - The Dow Jones Industrial Average broke through 49,000 points, rising 1.3%, with major U.S. bank stocks reaching historical highs. Goldman Sachs (GS.US) rose 3.73%, JPMorgan Chase (JPM.US) rose 2.63%, and Morgan Stanley (MS.US) rose 2.55%. The U.S. ISM reported that the manufacturing PMI fell to 47.9 in December, below the expected 48.4 [4]. Group 10: Precious Metals - U.S. precious metal stocks collectively strengthened, with Hecla Mining (HL.US) up 4.56% and Barrick Gold (B.US) up 3.77%. Spot gold surged 2.5%, reclaiming the $4,400 mark, while spot silver rose 5%, surpassing $76 [4]. Group 11: AI and Technology - Datavault AI (DVLT.US) surged 42.57%, with a cumulative increase of 180% over three trading days after signing a procurement agreement with AP Global Holdings LLC for infrastructure and cybersecurity services [5]. Group 12: Bitcoin and Related Stocks - Bitcoin briefly reached the $93,000 mark, with related stocks rising, including Strategy (MSTR.US) up 4.81% and Coinbase (COIN.US) up 7.77% [6]. Group 13: Oil Sector - Oil stocks saw significant pre-market gains, with Chevron (CVX.US) up 5.1% and ConocoPhillips (COP.US) up 2.59%. Reports indicated that the U.S. had captured Venezuelan President Maduro through military action, leading to a strong performance in oil and gas services [7].

Core Viewpoint - Analysts at Goldman Sachs have expressed renewed confidence in Coinbase, suggesting that the stock's past underperformance has created an attractive entry point for investors [1][4] Company Performance - Coinbase's stock dropped by 8.04% over the past year, but year-to-date figures indicate a gain of 4.59% [2] - Veteran investor Cathie Wood continues to acquire Coinbase shares through ARK Invest, with the stock holding the seventh-largest position in ARKW at 4.7% ($99 million) [3] Analyst Insights - Goldman Sachs analyst James Yaro expects Coinbase's valuation to strengthen as the company transitions from cyclical to structural growth, highlighting its strong business fundamentals [4] - Yaro noted that Coinbase's scale and brand recognition drive above-average revenue growth and market share gains, supported by recent product rollouts [5] - Analysts have shown greater enthusiasm for Coinbase, with Clear Street analyst Owen Lau naming it a top fintech idea for 2026, emphasizing its role in blockchain-based financial infrastructure [2] Growth Projections - Coinbase's subscription and services segment has expanded from under 5% of revenue in 2020 to nearly 40% by 2025 estimates, with expected robust growth of around 13% annually from 2025 to 2027 [7][6]

Core Viewpoint - Coinbase has submitted a letter to U.S. regulators advocating for the removal of the "reputational risk" standard in bank regulation, arguing that it is vague, subjective, and difficult to quantify, making it unsuitable as a regulatory basis [1] Group 1 - Coinbase claims that during the Biden administration, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) pressured legitimate businesses using the "reputational risk" argument [1] - The company emphasizes that the concept of "reputational risk" does not directly correlate with financial risk or illegal activities, and it can easily become a tool for political bias [1]

Core Viewpoint - Coinbase is a leading cryptocurrency exchange platform focused on increasing economic freedom and enhancing customer experience, despite facing challenges in certain markets [1]. Group 1: Company Overview - Coinbase was founded in 2012 and has become a significant player in the cryptocurrency industry, competing with exchanges like Binance and Kraken [1]. - The company's market capitalization is approximately $60.52 billion, with a trading volume of 6,609,237 shares [3]. Group 2: Stock Performance - Goldman Sachs set a price target of $303 for COIN, indicating a potential price increase of about 28.1% from its current price of $236.53 [2]. - The current stock price of COIN is $236.53, reflecting a 4.59% increase or $10.39 [2]. - Over the past year, COIN has experienced significant volatility, with a high of $444.65 and a low of $142.58 [3]. Group 3: Strategic Focus - Coinbase plans to temporarily halt operations in Argentina to reassess and strengthen its approach in the region, aiming to return with a more robust product offering [2]. - The company views Latin America as a key region for crypto innovation and remains committed to its mission despite the operational pause [3]. - Coinbase's strategic focus includes enhancing customer experience and expanding its global presence, aligning with its long-term growth objectives [3].

钛媒体App 1月5日消息，加密货币概念股普涨，Coinbase Global, Inc.涨4.79%，IREN Ltd涨4.45%， Strategy涨4.38%，Hut 8 Mining Corp涨4.25%，Figure Technology Solutions涨2.66%，Circle Internet Corp. 涨1.52%。（科股宝播报） ...