標題：Bernstein認為Coinbase（Coin）股份處於突破的邊緣

伯恩斯坦全球數字資產董事總經理Gautam Chhugani表示，Coinbase Stock可能會飆升至其當前價值的72％以上

Asset management behemoth Bernstein is tipping shares of leading US crypto exchange Coinbase (COIN) to breakout.

資產管理龐然大物伯恩斯坦（Bernstein）的股份是領先的美國加密交易所Coinbase（Coin）的股票。

According to a CNBC report, Gautam Chhugani, Bernstein’s managing director of global digital assets, says Coinbase stock may surge by more than 72% from its current valuation due to pro-crypto regulatory changes expected from US President Donald Trump and his administration.

根據CNBC的一份報告，伯恩斯坦全球數字資產董事總經理Gautam Chhugani表示，由於美國總統唐納德·特朗普（Donald Trump）預期的Pro-Crypto監管變化，Coinbase Stock可能會從目前的估值中增加72％以上。

Bernstein is tagging Coinbase with an “outperform” rating and setting a price target of $310, up from its $180 per share at time of writing.

伯恩斯坦（Bernstein）將Coinbase標記為“跑贏大盤”，並將目標目標定為310美元，高於其撰寫本文時的每股180美元。

Says Chhugani,

Syy Count，

“With the Trump Administration’s aspiration to make America the ‘crypto capital of the world,’ Coinbase remains the dominant platform (66% US market share) to ride the tailwinds.”

“由於特朗普政府渴望使美國成為世界的加密首都'，Coinbase仍然是主要平台（美國市場份額為66％），以驅使逆風。”

Chhungani says clarity bills before US Congress, such as around stablecoins, could increase Coinbase’s competition. However, he believes a growing crypto industry in the US will result in a net gain for Coinbase.

Chhungani說，在美國國會面前的清晰賬單，例如Stablecoins，可能會增加Coinbase的競爭。但是，他認為，在美國，加密貨幣行業越來越多，將為Coinbase帶來淨收益。

“Regulatory clarity brings more competition for COIN from fintechs, brokers, banks, etc. However, we expect a strong bull market and rising US onshore dominance to more than offset any competitive market share and pricing pressures.”

“監管清晰度帶來了更多來自金融科技，經紀人，銀行等的硬幣競爭。但是，我們希望強勁的牛市市場，並使我們在陸上的統治地位越來越多，超過了任何競爭性的市場份額和定價壓力。”

Lastly, he predicts that Coinbase will increase its non-trading revenues by a compound annual growth rate of around 31%.

最後，他預測，Coinbase將增加其非交易收入的複合年增長率約為31％。

“COIN has done well to build a suite of crypto financial services beyond trading, particularly market leading share in USD stablecoins, crypto yield services such as staking.”

“硬幣已經做得很好，可以在交易之外建立一套加密金融服務，尤其是在美元穩定的市場領先份額，加密貨幣收益服務（例如Statiking）。”