{"id":3966,"date":"2024-12-09T19:46:55","date_gmt":"2024-12-09T19:46:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3966"},"modified":"2024-12-09T19:46:55","modified_gmt":"2024-12-09T19:46:55","slug":"coinbase-seeing-landmark-month-in-december-notes-optimistic-analyst-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3966","title":{"rendered":"Coinbase Seeing &#8216;Landmark Month&#8217; In December, Notes Optimistic Analyst Report"},"content":{"rendered":"<div>\n<p><strong>Needham &amp; Company<\/strong> has raised <strong>Coinbase<\/strong>\u2018s (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>) price target to $420 from $375, citing record-breaking December trading volumes and <a href=\"https:\/\/www.benzinga.com\/money\/best-altcoins\">heightened altcoin activity<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>&#8220;Elevated volatility and a retail-driven surge have made December a landmark month for the platform,&#8221; Needham analysts noted, <a href=\"https:\/\/www.theblock.co\/post\/330021\/needham-raises-coinbase-stocks-price-target-to-420-a-share-amid-altcoin-trading-spike?utm_source=rss&amp;utm_medium=rss\">according<\/a> to The Block.<\/p>\n<p><strong>Bitcoin<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) surge past $100,000 and increased altcoin trading have fueled this momentum.<\/p>\n<p>The firm\u2019s Q4 projections include $435 billion in trading volume and $2.1 billion in revenue. <\/p>\n<p>For 2025, Coinbase is forecast to generate $8.9 billion in revenue, with earnings per share of $9.61.<\/p>\n<p>Despite these achievements, Coinbase\u2019s stock dipped 8% on Monday, trading at $316.01 as of 12:28 p.m. ET, reflecting broader market &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42398134\/coinbase-seeing-landmark-month-in-december-notes-optimistic-analyst-report\" alt=\"Coinbase\" seeing month in december notes optimistic analyst report>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Needham &amp; Company has raised Coinbase\u2018s (NASDAQ:COIN) price target to $420 from $375, citing record-breaking December trading volumes and heightened altcoin activity. What Happened: &#8220;Elevated volatility and a retail-driven surge have made December a landmark month for the platform,&#8221; Needham analysts noted, according to The Block. Bitcoin&#8216;s (CRYPTO: BTC) surge past $100,000 and increased altcoin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3966","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3966"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3966\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}