The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades: Cantor Fitzgerald upgraded Alphabet (GOOGL) to Overweight from Neutral with a price target of $370, up from $310. The firm believes Alphabet has the "strongest footprint across several layers in the AI tech stack." Cantor Fitzgerald upgraded Airbnb (ABNB) to Neutral from Underweight with a price target of $141 ...

（来源：吴说） 据 CNBC 报道，美国银行（Bank of America）将 Coinbase 的评级从"中性"上调至"买入"，维持 340 美 元的目标价。分析师指出，Coinbase 正致力于通过"万能交易所"（Everything Exchange）策略推动增 长，该策略包括向美国用户提供代币化股票、预测市场以及更多链上资产交易服务。尽管短期面临交易 量疲软和 USDC 增长放缓的挑战，但该行认为当前估值未完全反映其长期潜力。 来源：市场资讯 ...

Core Viewpoint - Coinbase CEO Brian Armstrong raised concerns about the competitiveness of dollar-pegged stablecoins following China's decision to pay interest on its central bank digital currency (CBDC), the Digital Yuan [1][2]. Group 1: Competitive Landscape - Armstrong highlighted that China's move to offer interest on the Digital Yuan provides it with a "competitive advantage" over U.S. stablecoins [2][3]. - He emphasized that rewards or interest payments on stablecoins could benefit ordinary people, similar to community lending, and urged for a market-driven approach [2]. Group 2: Legislative Challenges - The potential for yield payments on stablecoins is a significant barrier to the passage of the cryptocurrency market structure bill, which is supported by industry leaders like Armstrong [4]. - Concerns from Democrats revolve around the possibility that interest on stablecoin balances could divert deposits from traditional banking systems, particularly affecting community banks [4]. Group 3: Market Reactions - Following Armstrong's comments, Coinbase shares experienced a slight increase of 0.19% in after-hours trading, after a regular session decline of 1.85%, closing at $245.93 [5]. - Over the past year, Coinbase's stock has decreased by 5.42% [5].

Tyler Winklevoss, co-founder of Gemini Space Station, Inc. (NASDAQ:GEMI), slammed the state of California and Governor Gavin Newsom on Wednesday for approving a bill that lets authorities take control of unclaimed cryptocurrency.Winklevoss Targets NewsomIn an X post, Winklevoss alleged that the “failed state” of California wants to “steal” the Bitcoin (CRYPTO: BTC) that people had held for long periods.The cryptocurrency mogul said that the state administration is trying to feed its “money pit grift machine ...

Photo by BeInCrypto Coinbase CEO Brian Armstrong is pointing to China as a model for US stablecoin policy. The timing raises questions about his motives. Armstrong's defense of China's central bank digital currency interest payments comes as his company fights to preserve a key revenue stream under threat from the US banking lobby. The GENIUS Act, passed last July, allows platforms like Coinbase to share yields with stablecoin holders — a provision that banking groups are now pushing to eliminate. What ...

(Bloomberg) — World Liberty Financial, the crypto venture co-founded by President Donald Trump, is seeking a national trust bank charter for one of its entities that would allow it to expand its USD1 stablecoin operations.Processing ContentWLTC Holdings LLC has filed a de novo application with the Office of the Comptroller of the Currency to establish World Liberty Trust, a proposed national trust bank purpose-built for stablecoin services, World Liberty said in a statement Wednesday in New York. The news w ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shares of Coinbase traded slightly higher over the past month. This surge reflects renewed optimism around cryptocurrency markets and Coinbase’s role as a leading exchange amid Bitcoin’s rebound. Against that backdrop, we ran Coinbase through an AI price-prediction agent powered by OpenAI’s GPT. The goal was not to chase a sensational long-term target, but to see how a data-driven model handicaps the next ...

吴说获悉，Coinbase 更新上币路线图，新增 Raydium (RAY)、Energy Dollar (ENERGY)、Elsa (ELSA) 和 Sport fun (FUN) 。 来源：市场资讯 （来源：吴说） ...

Core Insights - The rivalry between Coinbase and Robinhood is intensifying as both companies aim to dominate the retail finance space, with Coinbase pursuing an "everything exchange" model and Robinhood solidifying its position as a retail trading app [1][5][22] Company Strategies - Coinbase is expanding its offerings to include commission-free stock and ETF trading, prediction markets, and a DEX aggregator, signaling its ambition to become a comprehensive financial platform [1][4] - Robinhood has established itself as a leading retail trading app, initially focusing on stocks and options before integrating crypto and other financial services, positioning itself as a neobank-like environment [2][10] Competitive Landscape - The competition is no longer just about crypto adoption but has evolved into a direct confrontation for retail users, with Robinhood seen as a significant threat due to its established user base and distribution capabilities [3][7][23] - Analysts suggest that Coinbase's focus on infrastructure may dilute its urgency in the retail market, as monthly active user growth has stalled since 2021 [17][22] User Demographics and Engagement - Robinhood's user base is predominantly younger, with approximately 75% of funded customers under 44 years old, which aligns with its strategy to become the default financial platform for this demographic [10] - The integration of features like Robinhood Gold, which has 3.9 million subscribers, enhances user engagement and asset consolidation, making it more likely for users to remain within the platform [11] Market Dynamics - Both companies are actively engaging in prediction markets, which have become a strategic battleground, reflecting the growing interest and uncertainty surrounding their rivalry [20][21] - The prediction markets are projected to grow significantly, with analysts estimating they could become a trillion-dollar sector by the end of the decade, further intensifying competition [21] Strategic Questions - The central question for Coinbase is whether its crypto-native foundation can effectively compete against Robinhood's entrenched retail dominance, requiring a potential shift in strategy to focus more on user experience and interface [23][24]

Coinbase stock price has sunk into a technical bear market in the past few months as sentiment in the crypto industry waned. It was trading at $250 on Tuesday, down sharply from the July high of $444. ...