Coinbase price target boost: Needham & Company increased the Coinbase stock price target from 375 USD to 420 USD per share, reflecting confidence in robust fourth-quarter performance. Analysts cited enhanced retail activity driving this optimistic outlook, with Coinbase shares appreciating over 80% in 2024 post-election.

Crypto market activity skyrockets: The crypto market saw heightened activity, with Bitcoin nearing 100,000 USD. Altcoins like XRP, XLM, ADA, and VET have significantly driven a capital influx, boosting total market value to 425 billion USD in early December, marking an unprecedented milestone since November 2021.

Positive projections for 2025: Analysts forecast further growth in 2025, with Coinbase revenue expected at 8.9 billion USD and EPS at 9.61 USD. Altcoins also show promise, predicted to rebound strongly from potential dips, with Bitcoin reaching up to 160,000 USD and Ethereum possibly hitting 10,000 USD by mid-2025.