Coinbase stock could tank 35% despite Bitcoin ETF approval – analyst says

Coinbase stock could tank 35% despite Bitcoin ETF approval – analyst says
фото показано с : invezz.com

2024-1-24 17:01

2024 will likely be “a more challenging year” for Coinbase Global Inc (NASDAQ: COIN), says Kenneth Worthington – a JPMorgan analyst. Coinbase stock has downside to $80 Worthington downgraded the crypto company this morning to “underweight” and said its shares could tank to $80 – which suggests more than a 35% downside from here.   […]

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coinbase analyst says worthington stock could downside

Источник: invezz.com

coinbase analyst → Результатов: 106


Analyst Downgrades Coinbase, Sees Exchange’s Market Price Dropping 25% – Details

Forecasting how much income Coinbase Global would generate has become nearly impossible because to the uncertainties surrounding the company, an expert claimed. According to reports, Piper Sandler analyst Patrick Moley has downgraded Coinbase because of its ongoing legal dispute with the US Securities and Exchange Commission and the continued vagueness around US regulation of cryptocurrencies. The Piper […]

2023-7-6 08:52


Coinbase stock could sink all the way back to $60 – analyst says

Piper Sandler downgraded Coinbase Global Inc on Wednesday. Analyst Patrick Moley cited regulatory uncertainty for dovish view. Coinbase stock has gained close to 60% over the past thirty days. Coinbase Global Inc has been an absolute delight for shareholders over the past thirty days but a sharp downturn is likely moving forward, as per a […] The post Coinbase stock could sink all the way back to $60 – analyst says appeared first on CoinJournal.

2023-7-6 20:51


Analyst: this bitcoin stock is a better buy than Coinbase

D.A. Davidson analyst downgraded Coinbase stock on Thursday. Chris Brendler says RIOT has potential to rally a lot more. Both crypto stocks are currently up more than 100% for the year. The massive year-to-date rally in Coinbase Global Inc (NASDAQ: COIN) should be seen as an opportunity to cut your exposure to this name, says […] The post Analyst: this bitcoin stock is a better buy than Coinbase appeared first on CoinJournal.

2023-2-17 21:45


Analyst: Only 5 exchanges will survive, Coinbase will be one of them

Cuts are “enough for now” based on the current trading environment Coinbase can be one of the few survivors of crypto winter Bitcoin is highly correlated with the interest rate direction Oppenheimer Executive Director and Senior Analyst Owen Lau talks about Coinbase’s latest round of layoffs and how the crypto exchange’s cost reduction strategy is […] The post Analyst: Only 5 exchanges will survive, Coinbase will be one of them appeared first on CoinJournal.

2023-1-11 09:22


Фото:

Coinbase Listing May Boost Bitcoin to $70,000 – Bloomberg’s Chief Analyst Says

Coinbase is now a publicly traded company after the grand listing by Nasdaq on 14 April finally went through. In addition to having a direct positive outcome for the largest US-based crypto-exchange in terms of increased valuation and trading volume, the listing also avails Bitcoin to a wider investor pool and is likely to drive […]

2021-4-15 11:32


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Why the CFTC suing Coinbase is a bullish blessing in disguise for Bitcoin

On-chain analyst Willy Woo notes that the sanction spree the CFTC has embarked on could potentially be favorable to cryptocurrencies and investors. Taking to Twitter, Willy Woo—an investor and analyst—asked, “anyone noticing BTC getting easier to trade ever since the CFTC went on the warpath to clean up crypto exchanges?”  In the tweet which went […]

2021-3-22 13:53


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66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns

Two-thirds of people who use Coinbase are willing to leave the platform following reports that the U.S. exchange plans to sell user data to two government agencies for $250,000. Cryptocurrency trader and analyst John Rager carried out a poll on Twitter, asking his 73,000 followers: “Would you actually delete or stop using your Coinbase account?” […] The post 66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns appeared first on Bitcoin News.

2020-6-8 16:30


XRP price versus on-balance volume comparison reveals shady hoarding on Bitfinex & Binance, claims analyst

XRP, the second largest altcoin in the market, bottomed out of its sluggish market performance last month and led the market with its frenemy, Stellar Lumens [XLM]. After falling by over 12 percent on a year-to-date basis, XRP was buoyed following announcements from Coinbase and Nasdaq, and the fact that it broke its 200-day moving […] The post XRP price versus on-balance volume comparison reveals shady hoarding on Bitfinex & Binance, claims analyst appeared first on AMBCrypto.

2019-6-5 18:00


Фото:

Prominent Analyst: Bitcoin (BTC) Bull Season 99% On, Yet Price Could Stumble In The Short-Term

Bitcoin Is (Almost) Confirmed To Be In A Bull Run Bitcoin is back. While BTC has slowed over the past 12 hours, falling to $7,700 after a rally to $8,350 on Coinbase, the market still... The post Prominent Analyst: Bitcoin (BTC) Bull Season 99% On, Yet Price Could Stumble In The Short-Term appeared first on Ethereum World News.

2019-5-15 03:40


Wall Street Analyst: Coinbase Could Gain Indomitable Positions Against Competition

Wall Street Should Be Cautious As Exchanges Like Coinbase Gain Indomitable Positions The revenue of the cryptocurrency exchanges is about to explode all over the world so it looks like Wall Street is missing its shot to stop companies like Coinbase from getting ahead and becoming the new beacons of the world’s financial system. The […]

2018-8-18 00:34


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Coinbase stock pops on Q4 earnings: here’s what happened

Coinbase Global Inc (NASDAQ: COIN) is trading up in extended hours after reporting better-than-expected earnings report for its fourth quarter. This is a developing story. Numbers missing below will be updated as received! Coinbase stock pops on upbeat guidance Investors are cheering also because the management issued upbeat guidance for the future. Coinbase now forecasts […]

Coinbase stock soars on Q4 earnings: here’s what happened

Coinbase Global Inc (NASDAQ: COIN) is trading up in extended hours after reporting that it swung to a profit in its fiscal fourth quarter. Coinbase stock jumps on upbeat guidance Investors are cheering also because the management offered upbeat future guidance in the earnings report.

Coinbase stock upgraded ahead of its Q4 earnings

Coinbase Global Inc (NASDAQ: COIN) is in focus this morning after a JPMorgan analyst upgraded the crypto stock just hours ahead of its Q4 earnings report. Surge in BTC a positive for Coinbase stock Kenneth Worthington expects the Nasdaq-listed firm to see a boost to its earnings power now that institutional capital is flowing into […]

Coinbase stock is not out of juice yet: Needham analyst

Coinbase Global Inc (NASDAQ: COIN) has more than quadrupled this year already but a Needham analyst is convinced that it still has more room to the upside. Coinbase stock could climb to $160 On Tuesday, John Todaro reiterated his “buy” rating on the largest U.