Coinbase（Coin）擊中了一個新的歷史高級，這是由圓圈成功，標準普爾500指定和潛在的Stablecoin調節驅動的。集會可持續嗎？

Coinbase Soars to All-Time High: What's Fueling the Crypto Giant's Rally?

Coinbase飆升至歷史最高高：是什麼促進了加密巨頭的集會？

Coinbase (COIN) is riding high, hitting a new all-time closing high and leaving its November 2021 peak in the dust. This surge is thanks to the crypto exchange giant's recent gains, but can it last?

Coinbase（Coin）騎得很高，擊中了新的歷史最高時，並在2021年11月的塵埃中留下了高峰。這歸功於加密交易所巨頭最近的收益，但可以持續嗎？

Coinbase Breaks Records

Coinbase打破了記錄

Coinbase shares closed at $375.25 on Thursday, marking their highest point since its April 2021 IPO. The stock has jumped 6.04% on the day and has surged 40% over the past month. The market cap of Coinbase has skyrocketed to $94.04 billion as investors keep flowing in.

Coinbase股票週四收於375.25美元，標誌著其2021年4月IPO以來的最高點。該股票當天增長了6.04％，在過去一個月中飆升了40％。隨著投資者不斷流入，Coinbase的市值飆升至940.4億美元。

Circle's Explosive Debut: A Major Catalyst

Circle的爆炸性首次亮相：主要的催化劑

One of the biggest drivers of Coinbase's rally is the success of Circle (CRCL), the company behind the USDC stablecoin. Circle stock has skyrocketed over 156% since launching on June 5. Coinbase benefits significantly from this partnership, earning over 60% of Circle’s USDC income last year through a revenue-sharing agreement. Coinbase also receives 50% of the interest income from USDC reserves.

Coinbase集會的最大動力之一是USDC Stablecoin背後的公司Circle（CRCL）的成功。自6月5日啟動以來，Circle股票的收益已超過156％。 Coinbase從這一合作夥伴關係中受益匪淺，去年通過一項收益共享協議，Circle USDC收入的60％以上。 Coinbase還從USDC儲備金中獲得了50％的利息收入。

S&P 500 Inclusion Adds Fuel to the Fire

標準普爾500納入為火增加了燃料

Adding to the positive momentum, Coinbase recently became the first pure crypto company to join the S&P 500 index on May 19. This milestone has further boosted investor confidence. Analysts at Bernstein are particularly bullish, raising their target to $510 and calling Coinbase the “Amazon of crypto financial services.”

除了積極的勢頭外，Coinbase最近成為5月19日加入標準普爾500指數的第一家純淨加密公司。這一里程碑進一步增強了投資者的信心。伯恩斯坦的分析師特別看好，將目標提高到510美元，並將Coinbase稱為“加密金融服務的亞馬遜”。

Analysts Weigh In: Will the Rally Continue?

分析師體重：集會會繼續嗎？

While the overall sentiment is positive, analysts are divided on whether Coinbase can maintain its upward trajectory. Some suggest that the stock might be due for a correction, while others believe it has the potential to reach four-digit prices. The daily Bollinger Band, a volatility indicator, is also subject to interpretation, with some analysts seeing it as a sign of continued growth and others as an indication of an impending cooldown.

儘管總體情緒是積極的，但分析師在Coinbase是否可以維持其向上軌跡方面存在分歧。一些人認為該股票可能要進行更正，而另一些人則認為它有可能達到四位數的價格。每日波林樂隊是一個波動率指標，也受到解釋，一些分析師將其視為持續增長的跡象，而另一些分析師則表明即將冷卻。

A Personal Take

個人看法

Coinbase's success seems inextricably linked to the broader crypto market, and more specifically to the regulatory landscape. The potential passage of clearer stablecoin regulations is definitely a factor, and the correlation between COIN and CRCL performance is undeniable. However, it is important to remember that the market can be fickle, and that past performance is no guarantee of future returns.

Coinbase的成功似乎與更廣泛的加密貨幣市場密不可分，更具體地與監管景觀有關。更清晰的穩定法規的潛在通過絕對是一個因素，不可否認的是硬幣和CRCL性能之間的相關性。但是，重要的是要記住，市場可能會變得多變，並且過去的表現並不能保證未來的回報。

The Road Ahead

前面的道路

With strong momentum, strategic partnerships, and growing investor confidence, Coinbase is positioned to remain a key player in the crypto space. Whether the rally continues remains to be seen, but one thing is clear: Coinbase is making waves, and the world is watching.

憑藉強大的動力，戰略合作夥伴關係和不斷增長的投資者信心，Coinbase有望成為加密貨幣領域的關鍵參與者。集會是否繼續尚待觀察，但很明顯：Coinbase正在揮舞著，世界在註視著。

So, buckle up, crypto enthusiasts! It's gonna be a wild ride. And who knows, maybe we'll all be using Coinbase to buy our morning coffee in the metaverse someday!

因此，搭扣，加密愛好者！這將是一個瘋狂的旅程。誰知道，也許我們都會有一天會在元境內購買我們的早晨咖啡！