Tag: Blockchain

BusinessStartupsTechnology

JPMorgan Bullish on Coinbase with 25% Upside Forecast, Citing Base Token and USDC Initiatives

JPMorgan has upgraded Coinbase to overweight with a $404 price target, projecting 25% additional upside. Analysts point to potential Base token launch and USDC yield initiatives as major growth drivers for the cryptocurrency exchange.

JPMorgan Upgrades Coinbase Rating

JPMorgan Chase has reportedly shifted its stance on Coinbase Global Inc., upgrading the cryptocurrency exchange from neutral to overweight according to recent analysis. Sources indicate the bank has also raised its price target from $342 to $404 per share, suggesting approximately 25% potential upside from current levels.

by Desai Priyanka
FinanceInvesting

Crypto Treasury Boom Raises Bubble Concerns as Companies Rush Into Digital Assets

** Financial experts are raising alarms about the explosive growth in corporate crypto treasury strategies, suggesting the trend may indicate market overheating. According to industry analysis, many companies adopting digital asset holdings lack genuine blockchain business models, potentially repeating patterns seen during previous technology bubbles. **CONTENT:**

Market Froth Emerges in Corporate Crypto Strategy Rush

by Alvarez Jordan