Coinbase（Coin）击中了一个新的历史高级，这是由圆圈成功，标准普尔500指定和潜在的Stablecoin调节驱动的。集会可持续吗？

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

Coinbase飙升至历史最高高：是什么促进了加密巨头的集会？

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）骑得很高，击中了新的历史最高时，并在2021年11月的尘埃中留下了高峰。这归功于加密交易所巨头最近的收益，但可以持续吗？

Coinbase Breaks Records

Coinbase打破了记录

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股票周四收于375.25美元，标志着其2021年4月IPO以来的最高点。该股票当天增长了6.04％，在过去一个月中飙升了40％。随着投资者不断流入，Coinbase的市值飙升至940.4亿美元。

Circle's Explosive Debut: A Major Catalyst

Circle的爆炸性首次亮相：主要的催化剂

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集会的最大动力之一是USDC Stablecoin背后的公司Circle（CRCL）的成功。自6月5日启动以来，Circle股票的收益已超过156％。Coinbase从这一合作伙伴关系中受益匪浅，去年通过一项收益共享协议，Circle USDC收入的60％以上。 Coinbase还从USDC储备金中获得了50％的利息收入。

S&P 500 Inclusion Adds Fuel to the Fire

标准普尔500纳入为火增加了燃料

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.”

除了积极的势头外，Coinbase最近成为5月19日加入标准普尔500指数的第一家纯净加密公司。这一里程碑进一步增强了投资者的信心。伯恩斯坦的分析师特别看好，将目标提高到510美元，并将Coinbase称为“加密金融服务的亚马逊”。

Analysts Weigh In: Will the Rally Continue?

分析师体重：集会会继续吗？

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.

尽管总体情绪是积极的，但分析师在Coinbase是否可以维持其向上轨迹方面存在分歧。一些人认为该股票可能要进行更正，而另一些人则认为它有可能达到四位数的价格。每日波林乐队是一个波动率指标，也受到解释，一些分析师将其视为持续增长的迹象，而另一些分析师则表明即将冷却。

A Personal Take

个人看法

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的成功似乎与更广泛的加密货币市场密不可分，更具体地与监管景观有关。更清晰的稳定法规的潜在通过绝对是一个因素，不可否认的是硬币和CRCL性能之间的相关性。但是，重要的是要记住，市场可能会变得多变，并且过去的表现并不能保证未来的回报。

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.

凭借强大的动力，战略合作伙伴关系和不断增长的投资者信心，Coinbase有望成为加密货币领域的关键参与者。集会是否继续尚待观察，但很明显：Coinbase正在挥舞着，世界在注视着。

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，加密爱好者！这将是一个疯狂的旅程。谁知道，也许我们都会有一天会在元境内购买我们的早晨咖啡！