In a report so hot it could melt your screen, Bernstein decided to stick with the “outperform” rating for these two crypto clowns, citing their stellar performance and the sudden influx of investors who’ve apparently found a new hobby. 🎉
Robinhood, the app where you can lose money faster than you can say “I should have stuck with savings,” reported some pretty impressive second-quarter results, especially in the crypto department. Trading volumes hit a six-month high in July, thanks to everyone suddenly getting interested in Ethereum, Solana, and DeFi tokens again after Circle’s new listings. Bernstein thinks this trend is going to keep rolling like a snowball down a hill, right into the second half of 2025. 🏔️💨
Coinbase, the platform where dreams of becoming a crypto millionaire are both born and brutally murdered, also got a nod for its growing relationship with traditional finance. The report highlighted its partnership with JPMorgan Chase, which is like seeing an old grumpy cat suddenly become best friends with a puppy. It’s a sign that even the most skeptical banks are starting to see the light at the end of the crypto tunnel. 🐱🐶💡
Bernstein wrapped up their comedy routine by saying that the mix of wild price swings, more crypto options than a buffet, and the big boys (and girls) getting involved means we’re only at the beginning of this wild ride. They advised investors to sit tight and enjoy the show, adding, “No need to do anything for now, unless you want to order a pizza or something.” 🍕😂
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2025-08-01 12:41