Coinbase lands 2nd ‘buy’ rating in a week, with BofA seeing 38% upside

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Why This Matters

Bank of America has upgraded Coinbase's rating, citing potential 38% upside, driven by reversing short interest and tax-loss harvesting, as the exchange expands its vision for an onchain financial system.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Bank of America has upgraded Coinbase's rating on reversing short interest and tax-loss harvesting, while the exchange is broadening its vision to put the financial system onchain.

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Original article published by Unknown on January 9, 2026.
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