Odaily Planet Daily News Last Sunday, Trump announced that Bitcoin, Ethereum, XRP, Solana and Cardano will be included in the United States' strategic cryptocurrency reserves, which has drawn attention to Coinbase and the mainstream stock exchanges in the United States. The market believes that Coinbase has the conditions to become an acquisition target. Its management team has built a strong company, and cooperation with top exchanges can not only enhance its industry status, but also bring more strategic opportunities. Coinbase's stock price fluctuates wildly, and the market seems to regard Trump as the decider of its fate. After Trump's re-election, the stock soared about 100%, and then fell back about 40% due to a lack of policy clarity. Over the past year, Coinbase's stock price range has fluctuated between $146.12 and $349.75. Currently, Coinbase's price-to-earnings ratio is about 22 times, with a total market value of about $52 billion. Large U.S. exchanges have the ability to make the acquisition of Coinbase a reality. If large investors push a top exchange to acquire Coinbase, the new company will be able to maximize its investment returns as cryptocurrencies gradually move from the forefront of finance to the mainstream. (Barrons)