Blockchain development in the U.S. is reaching a 'monumental turning point,' Oppenhimer said.
Bitcoin pushing further into the mainstream could be laying the groundwork for crypto stock Coinbase to join the S & P 500 , according to Oppenheimer. "We are getting closer to a monumental turning point for blockchain development in the US," analyst Owen Lau said in a note to clients late Sunday. "For investors who are looking to get exposure in blockchain for their portfolio, we believe COIN is an attractive option for long-term investment.
is high, as evidenced by former President Donald Trump giving remarks at the biggest industry conference of the year in Nashville over the weekend. Lau's comments were part of a debrief of that event. Policy and regulation were priorities at the conference. Trump's appearance put him in the company of Robert F. Kennedy Jr., the independent presidential candidate; Cynthia Lummis, the pro-bitcoin Republican senator from Wyoming; and Ro Khanna, the Democratic representative from California.
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