Citrini Research says AI-powered financial agents could transform crypto investing, creating a new era of blockchain-based financial infrastructure. The firm highlights Coinbase ($COIN ), Robinhood ($HOOD ), Circle ($CRCL ), Ethereum and Solana as potential beneficiaries. Citrini argues that 24/7 trading, tokenized assets and programmable settlement could…
WITH NOMINAL YIELDS RISING BECAUSE REAL YIELDS ARE RISING, IN PART DUE TO RATE EXPECTATIONS.
BofA raised its Coinbase price target to $203 from $174, reiterating a Buy rating. The bank lifted its 2027–2028 EPS forecasts on expectations for stronger stablecoin revenue following September’s Fed hike. However, near-term estimates were trimmed as crypto trading volumes weakened despite Bitcoin and Ethereum rallying 43% and 70% in Q3.
The September jobs report gives the Fed more room to hold rates steady in October, with hiring slowing and unemployment edging up to 4.2%. With little evidence of labor-market inflation pressure, attention now shifts to September CPI on October 14, which could be more decisive for the next rate move.