Coinbase Stock Will Ride the Bitcoin and Stablecoin Explosion
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Coinbase is expected to perform well in Q4 2024 and into 2025 due to the growth of stablecoin USDC and increased trading momentum in various cryptocurrencies. The company is also building infrastructure for long-term blockchain scalability.
January 23, 2025 | 10:15 am
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Coinbase is expected to benefit from the growth of stablecoin USDC and increased trading momentum in cryptocurrencies, leading to strong performance in Q4 2024 and into 2025.
The article highlights Coinbase's potential for strong performance due to the growth of USDC and increased trading momentum in cryptocurrencies. This suggests a positive short-term impact on Coinbase's stock price.
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