Gold mining in the crypto sphere leading up to 2027: Profitable investments in these 3 stocks
In the rapidly evolving world of cryptocurrencies, two names stand out—Coinbase and Robinhood. Both companies are making significant strides, boosted by a prolonged bull market and favourable political climate.
Coinbase, often referred to as the "Amazon Web Services" of the crypto world, is transforming into an "Everything Exchange" with a vision that encompasses various services. The company's central role in the spread of stablecoin USDC further strengthens its position in the crypto ecosystem. Analysts at Bernstein, in fact, have set a price target of $510 for Coinbase, making it the leading U.S. crypto exchange.
In July, Coinbase's trading volume surged over $100 billion, a 44% boost to transaction revenues. The company's WKN is A2QP7J.
Robinhood, on the other hand, is more than just a broker. Its diversified business model, including crypto trading, stocks, and options, is its strength. The acquisition of exchange Bitstamp has expanded Robinhood's reach to an institutional customer base, and the rollout of staking services and tokenized products in Europe is a testament to its growth ambitions.
Robinhood's crypto trading volumes soared by 110% to $16.8 billion in July. The analysis firm Bernstein has identified Robinhood as a potential growth driver and raised its price target from $105 to $160.
The political climate in the U.S. is seen as a significant driver for this optimistic outlook. The Trump administration is reportedly making efforts to make the U.S. the crypto capital of the world.
The bull market forecast has also raised price targets for key crypto players like Coinbase and Robinhood. Bernstein has identified another crypto player and set a price target of $230 for it.
Analysts predict enormous growth for Circle's USDC stablecoin, with a potential circulating supply of $99 billion in 2026 and $173 billion in 2027. USDC serves as the "liquidity backbone" for the DeFi sector and is becoming increasingly entrenched in the traditional financial system.
The upcoming Issue 35 of AKTIONÄR will reveal other stocks poised to gain from the crypto bull market. Stay tuned for more insights on the exciting world of cryptocurrencies.
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