{"id":133826,"date":"2024-07-23T20:15:52","date_gmt":"2024-07-23T17:15:52","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133826"},"modified":"2024-07-23T19:39:00","modified_gmt":"2024-07-23T16:39:00","slug":"analyst-upgrades-coinbase-to-buy-predicts-30-upside","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/analyst-upgrades-coinbase-to-buy-predicts-30-upside\/","title":{"rendered":"Analyst Upgrades Coinbase to Buy, Predicts 30% Upside"},"content":{"rendered":"

Despite a 52% rise in Coinbase shares this year, Christiansen sees significant growth potential due to a more favorable regulatory environment, which he believes could attract substantial institutional capital and foster stronger ties between crypto and traditional finance.<\/p>\n

Christiansen\u2019s optimism is bolstered by the Supreme Court\u2019s recent decision to overturn the Chevron Deference Doctrine, which previously required courts to defer to federal agencies\u2019 interpretations of ambiguous statutes. This change could strengthen Coinbase\u2019s position in its legal battle with the Securities and Exchange Commission (SEC).<\/p>\n