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Coinbase Is the Real Trump Trade as Stock On Pace for Record Closing High - Barron's

1. Coinbase poised for record highs amid regulatory optimism this week. 2. Coinbase’s market cap nearing $100 billion as stock rises by 57% this year. 3. Positive regulatory moves and SEC support may boost Coinbase’s prospects. 4. Crypto legislation, including the Clarity Act, under congressional review. 5. Oppenheimer and Benchmark Equity Research maintain positive outlook for Coinbase.

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FAQ

Why Bullish?

Coinbase benefits from favorable regulations and a strong sector-wide bullish sentiment. Historical cases, such as favorable SEC decisions, often precede stock price increases.

How important is it?

Legislative actions and SEC developments create immediate investor interest in Coinbase securities.

Why Short Term?

The upcoming legislation and earnings report can drive immediate price changes. Successful legislative outcomes can lead to a rapid influx of investments.

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