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Coinbase beefs up subscription plan by offering it with American Express credit card

1. Coinbase partners with American Express to launch a crypto-back credit card. 2. Card offers users 2%-4% back in bitcoin with Coinbase One subscription. 3. Coinbase's subscription revenue growth is critical for long-term investment. 4. Crypto industry expects growth due to favorable regulations and product launches. 5. This card targets U.S. Coinbase One members, enhancing American Express offerings.

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FAQ

Why Bullish?

The partnership enhances AXP's product offerings in the growing crypto sector, similar to past collaborations that boosted stock performance.

How important is it?

The collaboration expands AXP’s market reach into crypto, aligning with the sector's growth potential; a strong indicator of future performance.

Why Short Term?

Immediate gains may arise due to initial consumer interest; historical trends show quick market reaction to new product launches.

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