标题：Bernstein认为Coinbase（Coin）股份处于突破的边缘

伯恩斯坦全球数字资产董事总经理Gautam Chhugani表示，Coinbase Stock可能会飙升至其当前价值的72％以上

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

资产管理庞然大物伯恩斯坦（Bernstein）的股份是领先的美国加密交易所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.

根据CNBC的一份报告，伯恩斯坦全球数字资产董事总经理Gautam Chhugani表示，由于美国总统唐纳德·特朗普（Donald Trump）预期的Pro-Crypto监管变化，Coinbase Stock可能会从目前的估值中增加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）将Coinbase标记为“跑赢大盘”，并将目标目标定为310美元，高于其撰写本文时的每股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.”

“由于特朗普政府渴望使美国成为世界的加密首都'，Coinbase仍然是主要平台（美国市场份额为66％），以驱使逆风。”

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说，在美国国会面前的清晰账单，例如Stablecoins，可能会增加Coinbase的竞争。但是，他认为，在美国，加密货币行业越来越多，将为Coinbase带来净收益。

“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.”

“监管清晰度带来了更多来自金融科技，经纪人，银行等的硬币竞争。但是，我们希望强劲的牛市市场，并使我们在陆上的统治地位越来越多，超过了任何竞争性的市场份额和定价压力。”

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

最后，他预测，Coinbase将增加其非交易收入的复合年增长率约为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.”

“硬币已经做得很好，可以在交易之外建立一套加密金融服务，尤其是在美元稳定的市场领先份额，加密货币收益服务（例如Statiking）。”