前總統唐納德·特朗普（Donald Trump）推出了通過真理社會的美國戰略加密保護區計劃

加密貨幣市場剛剛發生了震撼 - 可以重新定義美國對數字資產的立場。

The cryptocurrency market just got a seismic jolt - one that could redefine America's stance on digital assets. Former President Donald Trump, once a vocal skeptic of Bitcoin, has now reversed course, aiming to make the U.S. “the crypto capital of the world.”

加密貨幣市場剛剛發生了震撼 - 可以重新定義美國對數字資產的立場。前總統唐納德·特朗普（Donald Trump）曾經是比特幣的人聲持懷疑態度的，現在已經扭轉了道路，旨在使美國成為“世界的加密首都”。

Trump unveiled plans for a U.S. Strategic Crypto Reserve via Truth Social, marking a paradigm shift in federal policy, and positioning Bitcoin (BTCUSD), Ethereum (ETHUSD), XRP (XRPUSD), Solana (SOLUSD), and Cardano (ADAUSD) as strategic holdings within the nation's financial arsenal.

特朗普通過真相社交宣布了美國戰略加密保護區的計劃，標誌著聯邦政策的範式轉變，以及將比特幣（BTCUSD），以太坊（Ethusd），XRP（XRPUSD），Solana（Solana（Solusd）和Cardano（Adausd））作為國家金融公司中的戰略持有。

Far from a passive stockpile, this reserve signals active engagement - potential government purchases, asset management, and perhaps a regulatory reformation that could cement crypto’s legitimacy on a global scale. The mere announcement sent Bitcoin surging past $94,000 while altcoins, like Cardano, soared even higher, pushing the total crypto market cap up by a staggering $300 billion.

該儲備遠非被動儲備，這是積極參與的信號 - 潛在的政府購買，資產管理，也許是監管改革，可以在全球範圍內鞏固加密貨幣的合法性。僅僅公告使比特幣飆升了94,000美元，而Cardano等Altcoins則飆升甚至更高，使總加密貨幣市值提高了3000億美元。

Coinbase Global (COIN), the leading U.S. crypto exchange, initially surged as well, with investors pricing in expectations for COIN to benefit from increased trading volumes. Yet, with COIN still far from its December peak, will this bold government pivot fuel a sustained rally, or is caution warranted for investors?

美國領先的加密貨幣交易所Coinbase Global（Coin）也最初激增，投資者的定價對硬幣的期望有望受益於增加的交易量。然而，由於硬幣遠離其12月的峰值，這個大膽的政府會為投資者提供持續的集會，還是要為投資者謹慎嗎？

Let's take a closer look.

讓我們仔細看一下。

About Coinbase Stock

關於Coinbase股票

Delaware-based Coinbase Global, Inc. (COIN) is a juggernaut in the cryptocurrency realm, founded in 2012. With a market cap of $54 billion, it dominates as the world’s second-largest crypto exchange. As a titan of digital asset trading, it thrives on commissions, riding the volatility of bullish surges and bearish retreats. Coinbase courts both retail traders and institutional giants, cementing its dominance.

總部位於特拉華州的Coinbase Global，Inc。（Coin）是2012年成立的加密貨幣領域的劍聖領域。它的市值為540億美元，是世界第二大加密交易所。作為數字資產交易的巨人，它在佣金中蓬勃發展，騎著看漲的潮流和看跌務虛會的波動。 Coinbase法院既零售商人又是機構巨頭，鞏固了其統治地位。

Beyond transactions, it is diversifying with subscription models like Coinbase One, fortifying its financial resilience. In an industry where regulation is both an obstacle and an opportunity, Coinbase deftly balances compliance and innovation, leveraging partnerships to anchor its foothold in the ever-shifting crypto landscape.

除了交易之外，它還與Coinbase One這樣的訂閱模型多樣化，從而增強其財務彈性。在法規既是障礙和機會的行業中，共同基礎都巧妙地平衡了合規性和創新，並利用合作夥伴關係將其立足於不斷變化的加密景觀奠定了基礎。

Shares of Coinbase hit a 52-week high of $349.75 in early December, fueled by Bitcoin’s surge, rising USD Coin (BTCUSDC) adoption, and then-President-elect Trump’s pro-crypto stance.

Coinbase的股票在12月初的52周高點為349.75美元，這是由比特幣的激增，USD Coin（BTCUSDC）採用的增長以及當時當選特朗普的Pro-Crypto立場的推動力。

Though the stock is now 36.4% below that peak, COIN has still gained 39.3% in six months, edging up just 2.6% over the past year.

儘管該股票現在低於該高峰的36.4％，但硬幣在六個月內仍上漲了39.3％，在過去一年中僅增長了2.6％。

COIN’s recent rally came as Trump’s crypto reserve plan lifted sentiment, while the SEC dropping its lawsuit also provided a temporary boost.

由於特朗普的加密儲備計劃提出了情緒，而SEC撤銷其訴訟也提供了暫時的提升，因此Coin最近的集會是出現的。

In terms of valuation, Coinbase stock trades at a premium, priced at 28.10 times forward earnings and 7.96 times sales. Investors are betting on its dominance as regulation clears and adoption grows.

在估值方面，Coinbase股票以溢價交易，價格為28.10倍遠期收益和7.96倍的銷售額。隨著法規清除和採用的增長，投資者正在押注其主導地位。

Coinbase Beats Q4 Top and Bottom Lines

Coinbase擊敗Q4頂線和底線

Coinbase's Q4 earnings report, released on February 13, saw revenue hit $2.3 billion, up 138.2% year-over-year, easily beating analysts' projections of $1.91 billion.

Coinbase在2月13日發布的第四季度收益報告中，收入達到了23億美元，同比增長了138.2％，輕鬆擊敗了分析師的預測19.1億美元。

The Bitcoin rally past $100K after Trump's election win fueled a broader crypto surge, sending net income per share soaring 350% annually to $4.68, exceeding expectations of $2.40. Notably, the crypto winter had a significant impact on earnings, with Q4 2022 reporting a net loss.

在特朗普大選後，比特幣集會超過$ 100,000美元，加劇了更廣泛的加密貨幣激增，每股淨收入飆升350％至4.68美元，超過了2.40美元的預期。值得注意的是，Crypto Winter對收入產生了重大影響，第二季度2022年報告淨虧損。

Coinbase's handling of institutional assets also saw a strong performance, with assets under management rising 89% to $14 billion, displaying deeper on-chain engagement from institutions.

Coinbase對機構資產的處理也表現出色，管理資產上漲了89％，至140億美元，顯示了機構的更深層次鏈接。

Coinbase Global, Inc. - MSFT

Coinbase Global，Inc .- MSFT

Coinbase stock initially surged on Monday as upbeat earnings results and a broader risk-on market mood pushed up major U.S. stock indexes, although gains were later pared.

Coinbase股票最初週一飆升，因為樂觀的收益結果和更廣泛的風險市場情緒推動了美國主要股票指數，儘管後來獲得了收益。

Coinbase shares rose as much as 12.8% to hit $254.97, extending gains from Friday's strong close after reporting better-than-expected earnings and a fourth-quarter earnings report that showed signs of stabilization in a turbulent year for crypto.

Coinbase股價上漲了12.8％，達到254.97美元，在報告了超過預期的收入和第四季度的收益報告後，週五的強勁收盤收益延長了收益，該報告顯示出在Crypto的動盪一年中表現出穩定的跡象。

However, the stock later pared gains to trade up 6.6% in morning trading. A strong rally in Bitcoin (BTCUSD) pushed up the total crypto market cap by $300 billion, further aiding the stock.

但是，該股票後來在早晨交易中取得了6.6％的交易。比特幣（BTCUSD）強烈的集會將總加密貨幣市值提高了3000億美元，進一步促進了股票。

Coinbase had been struggling in 2024 due to a broader macroeconomic downturn that impacted investor risk appetite and sparked a sell-off in U.S. equities, especially in the tech sector.

由於更廣泛的宏觀經濟下滑，Coinbase在2024年一直在掙扎，這影響了投資者的風險偏好，並引發了美國股票的拋售，尤其是在技術領域。

Coinbase shares dove 70% in 2023 as macroeconomic headwinds and a broader crypto downturn weighed on the stock.

Coinbase在2023年股票70％，因為宏觀經濟的逆風和更廣泛的加密經濟低迷的股票重視了該股票。

Coinbase shares hit a 52-week high of $349.75 in early December, fueled by Bitcoin's surge

Coinbase股票在12月初達到了52週的349.75美元，這是由比特幣激增的推動力的