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blockonomi.com Coinbase Stock Jumps After JPMorgan Upgrade on Base and USDC Strategy

TLDR Coinbase stock surged after JPMorgan upgraded its rating to “Overweight” and raised its price target to $404 per share. JPMorgan highlighted Coinbase’s Base layer-2 blockchain as a major growth opportunity with a potential $12 billion to $34 billion market. The bank noted that Coinbase’s USDC rewards program changes could boost annual earnings by $374 [...] The post Coinbase Stock Jumps After JPMorgan Upgrade on Base and USDC Strategy appeared first on Blockonomi.

news.bitcoin.com JPMorgan: Gold Might Double in Three Years as Equity Hedge Use Case Explodes

While gold prices fell sharply recently, JPMorgan analysts believe that the fundamentals behind the recent bull market are still intact. If commodity trend sellers fueled the recent selloff, it’s possible that gold might rise 110% by 2028, substituting bonds in some portfolios. Double or Nothing: JPMorgan Expects Gold Prices to Shoot up as It Takes […]