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#COIN stock

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Coinbase Wins Final OCC Approval: Why COIN Stock Remains Under Pressure
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Coinbase Wins Final OCC Approval: Why COIN Stock Remains Under Pressure

Key Highlights: Coinbase has obtained regulatory authorization for a National Trust Bank charter, enabling federal crypto custody and stablecoin management operations. The national trust status prohibits Coinbase from accepting retail deposits or issuing traditional commercial loans. Traditional banking advocates, including the Independent Community Bankers of America, are challenging the Office of the Comptroller of the ...

Morgan Stanley Downgrades Coinbase and Slashes Price Target by 53% on Weak Earnings Outlook
Coins•

Morgan Stanley Downgrades Coinbase and Slashes Price Target by 53% on Weak Earnings Outlook

Key Highlights Morgan Stanley downgraded Coinbase (COIN) from Equalweight to Underweight, lowering its price target from $258 to $120. Analyst Michael Cyprys cited subdued cryptocurrency trading activity, a weaker long-term revenue outlook, and market uncertainty following the Binance hack. The investment bank significantly reduced its long-term financial forecasts, slashing Coinbase’s 2027 adjusted EBITDA estimate by ...