🚀 Coinbase surged 33%, driven by the resonance of regulatory benefits and institutional confidence Why is the market falling in love with COIN again now? 🧵 A string of explanations 👇 one ️⃣ Legislation on stablecoins has been implemented The US Senate has passed the GENIUS Act, which clarifies the regulatory framework for stablecoins. Coinbase benefits directly, regulatory certainty=valuation increase. ⚖️ Stablecoins=Payment+Transaction+Compliance Imagination two ️⃣ Institutions continue to increase their holdings Ark Invest has once again increased its holdings by 4000 shares, with a total position of 159 million, accounting for nearly 8%. Cathie Wood's faith bonus drives the market to follow suit. 🧠 Consensus on Smart Money: Coinbase is the king of Crypto Infra. three ️⃣ MiCA license obtained in 27 European countries Coinbase has obtained the EU MiCA license, which allows it to legally expand its business throughout the EU. 🌍 Regional diversification=a new moat against risks. four ️⃣ Market recovery+BTC leading gains The overall recovery of cryptocurrency coupled with the easing of geopolitical risks benefits Coinbase as a trading hub. 📈 The stock price rose by over 33% within 5 days, reaching a new high for the year. Analysts have raised their target price. Is this speculation? Or is it the mainstream knocking sound? 🪙 COIN: Walking at the starting point of a new cycle