Coinbase News: Analyst Predicts 60% Stock Surge Due to Trump’s Pro-Crypto Policies

In a surprising prediction, Bernstein asset manager has forecasted a significant surge in Coinbase stock prices, attributing it to former President Donald Trump’s shift towards a pro-cryptocurrency stance. Here’s a closer look at the developments that could impact Coinbase and the broader crypto market.

Bernstein Analyst Predicts Trump to Push Coinbase Stock Up 60% Due to Pro-Crypto Stance

Asset manager Bernstein has made a prediction that President Donald Trump will push Coinbase stock up by 60%. Gautam Chhugani, an analyst at Bernstein, attributes this to Trump’s complete change in the government’s stance on crypto. The Trump administration has established a Bitcoin Strategic Reserve and appointed David Sacks as the crypto czar. With the aspiration to make America the ’crypto capital of the world,’ Coinbase remains the dominant platform to benefit from this tailwind. The administration is also pushing pro-crypto legislation, starting with a stablecoin bill expected in the first half of 2025, which could bring more competition from banks, brokers, and fintechs.

Top 3 Base Meme Coins For the Third Week of March

DRB, the first Grok-backed token, is attracting attention but still battling NEAR all-time lows. CLIZA, a launchpad-focused meme coin, is building momentum in the Base ecosystem. Doginme, with a market cap of over $84 million, has surged 511% in the last six days and is a standout performer among Base meme coins. If the uptrend continues, DOGINME could break above $0.00139, with potential to push toward $0.0015 and $0.0020.