Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

DAC -Platform to redefine Web3 experiences in strategic cooperation with Fishcake Labs

2025-05-11

Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

2025-05-11

Ethereum breaks the most important price level – Has the ETH rally just started?

2025-05-11
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    DAC -Platform to redefine Web3 experiences in strategic cooperation with Fishcake Labs

    2025-05-11

    Floki Inu enables Web3 users with a new identity platform

    2025-05-11

    Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

    2025-05-11

    Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

    2025-05-10

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

    2025-05-11

    Bullish Continuation for XRP price shows possible recovery up to $ 4

    2025-05-11

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Coinbase downgraded by analysts amid regulatory wrangles
Analysis

Coinbase downgraded by analysts amid regulatory wrangles

2023-07-05No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Piper Sandler analyst Patrick Moley has downgraded Coinbase due to ongoing legal battles with the Securities and Exchange Commission (SEC) and continued uncertainty over cryptocurrency regulation in the US, according to BNN Bloomberg.

On July 5, Moley said that regulatory uncertainties have made it too challenging to cautiously predict Coinbase’s future earnings, changing its rating from “neutral” to “overweight.”

Moley’s recommendation for the largest crypto exchange in the US has been revised from overweight to neutral. He expects quarterly trading volumes and monthly user totals for the second quarter to be at their lowest levels in more than two years. Bloomberg reported that Moley noted:

“Rising crypto prices have not translated into increased trading volumes for Coinbase in recent quarters and the timing of a spot Bitcoin ETF approval is anyone’s guess.”

Despite this, Moley sees opportunities for Coinbase to become a substantial player in the crypto industry, provided regulatory clarity can be achieved.

In June, Moody’s also downgraded Coinbase from “stable” to “negative,” while commenting on its “healthy liquidity position.” Moody’s stated,

“The confirmation of Coinbase’s ratings reflects its healthy liquidity position, recent improvements in cash flow generation as a result of prudent cost management, and because the SEC’s charges only cover some of Coinbase’s products and exclude the major products traded. .”

In addition, if CryptoSlate previously reported, Coinbase’s market share has been steadily rising despite the SEC’s lawsuit. This increase in market dominance, which peaked at 64% in June, coincided with SEC indictments for alleged violations of federal securities laws.

See also  Coinbase (COIN) shares could become available on the Base Chain, according to creator Jesse Pollak

While the SEC lawsuits have raised concerns, this has not stopped traditional financial institutions from partnering with Coinbase. Major players such as BlackRock, Fidelity, and ARK Investments have chosen Coinbase as their oversight sharing partner for submitting spot Bitcoin exchange-traded fund (ETF) applications.

Even as uncertainty reigns over Coinbase’s future earnings, the resubmission of several spot Bitcoin ETF filings clearly intent on entering a supervisory sharing deal with Coinbase reflects continued confidence in the cryptocurrency -exchange.

BNN Bloomberg noted that,

“Of the analysts followed by Bloomberg, 11 recommend buying Coinbase stock, while 13 consider it a hold and eight say sell.”

The post Coinbase downgraded by analysts amid regulatory wrangles appeared first on CryptoSlate.

Source link

Analysts Coinbase downgraded Regulatory wrangles
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

2025-05-11

Bullish Continuation for XRP price shows possible recovery up to $ 4

2025-05-11

Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

2025-05-10

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

2025-05-10
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Metaverse land prices go way down

2023-06-28

Refik Anadol’s New AI-Generated Art Debuts at Las Vegas Sphere

2023-09-01

Dogecoin Price Prediction – DOGE rally to $0.085 seems imminent

2023-11-08
Editors Picks

Bitcoin Price Rises 7%: Time to Revive $50,000 Predictions?

2024-01-09

Analysts predict a potential price increase to $11

2024-01-26

Bitcoin Could Fall Before ‘Next Impulsive Move Up’, Says Trader – These Are His Targets

2023-12-18

FCA wants to curb risky crypto loans and credit purchases to protect British investors

2025-05-02
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

DAC -Platform to redefine Web3 experiences in strategic cooperation with Fishcake Labs

Standard Chartered Analy supports Bitcoin -Price forecast, now calls $ 120,000 BTC ‘Too Low’: Report

Ethereum breaks the most important price level – Has the ETH rally just started?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,484.100.95%
  • ethereumEthereum(ETH)$2,513.945.46%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.38-0.11%
  • binancecoinBNB(BNB)$658.690.62%
  • solanaSolana(SOL)$174.502.99%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.2332623.88%
  • cardanoCardano(ADA)$0.800.71%
  • tronTRON(TRX)$0.2628161.16%
  • suiSui(SUI)$4.002.73%
  • chainlinkChainlink(LINK)$16.612.87%
  • avalanche-2Avalanche(AVAX)$24.822.75%
  • stellarStellar(XLM)$0.3065592.08%
  • shiba-inuShiba Inu(SHIB)$0.0000162.37%
  • hedera-hashgraphHedera(HBAR)$0.2081741.12%
  • the-open-networkToncoin(TON)$3.411.83%
  • hyperliquidHyperliquid(HYPE)$24.76-1.63%
  • bitcoin-cashBitcoin Cash(BCH)$413.75-0.88%
  • polkadotPolkadot(DOT)$5.090.31%
  • litecoinLitecoin(LTC)$101.55-0.04%
  • unus-sed-leoUNUS SED LEO(LEO)$8.34-4.59%
  • piPi(PI)$1.0646.56%
  • moneroMonero(XMR)$329.363.11%
  • bitget-tokenBitget Token(BGB)$4.882.20%
  • pepePepe(PEPE)$0.0000132.74%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.03%
  • uniswapUniswap(UNI)$7.148.68%
  • bittensorBittensor(TAO)$456.983.54%
  • nearNEAR Protocol(NEAR)$3.198.57%
  • aptosAptos(APT)$6.015.58%
  • aaveAave(AAVE)$221.362.07%
  • okbOKB(OKB)$55.691.83%
  • ondo-financeOndo(ONDO)$1.041.50%
  • ethereum-classicEthereum Classic(ETC)$19.902.81%
  • internet-computerInternet Computer(ICP)$5.653.26%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.950.61%
  • kaspaKaspa(KAS)$0.1062461.50%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2608592.05%
  • render-tokenRender(RENDER)$5.223.46%
  • gatechain-tokenGateToken(GT)$21.98-0.99%
  • mantleMantle(MNT)$0.793.77%
  • crypto-com-chainCronos(CRO)$0.100259-0.74%
  • vechainVeChain(VET)$0.0309572.22%
  • ethenaEthena(ENA)$0.4070049.07%
  • arbitrumArbitrum(ARB)$0.46652318.14%
  • usd1World Liberty Financial USD(USD1)$1.00-0.09%
  • filecoinFilecoin(FIL)$3.174.10%
  • algorandAlgorand(ALGO)$0.2429433.14%
  • bitcoinBitcoin(BTC)$104,484.100.95%
  • ethereumEthereum(ETH)$2,513.945.46%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.38-0.11%
  • binancecoinBNB(BNB)$658.690.62%
  • solanaSolana(SOL)$174.502.99%
  • usd-coinUSDC(USDC)$1.000.02%
  • dogecoinDogecoin(DOGE)$0.2332623.88%
  • cardanoCardano(ADA)$0.800.71%
  • tronTRON(TRX)$0.2628161.16%
  • suiSui(SUI)$4.002.73%
  • chainlinkChainlink(LINK)$16.612.87%
  • avalanche-2Avalanche(AVAX)$24.822.75%
  • stellarStellar(XLM)$0.3065592.08%
  • shiba-inuShiba Inu(SHIB)$0.0000162.37%
  • hedera-hashgraphHedera(HBAR)$0.2081741.12%
  • the-open-networkToncoin(TON)$3.411.83%
  • hyperliquidHyperliquid(HYPE)$24.76-1.63%
  • bitcoin-cashBitcoin Cash(BCH)$413.75-0.88%
  • polkadotPolkadot(DOT)$5.090.31%
  • litecoinLitecoin(LTC)$101.55-0.04%
  • unus-sed-leoUNUS SED LEO(LEO)$8.34-4.59%
  • piPi(PI)$1.0646.56%
  • moneroMonero(XMR)$329.363.11%
  • bitget-tokenBitget Token(BGB)$4.882.20%
  • pepePepe(PEPE)$0.0000132.74%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.03%
  • uniswapUniswap(UNI)$7.148.68%
  • bittensorBittensor(TAO)$456.983.54%
  • nearNEAR Protocol(NEAR)$3.198.57%
  • aptosAptos(APT)$6.015.58%
  • aaveAave(AAVE)$221.362.07%
  • okbOKB(OKB)$55.691.83%
  • ondo-financeOndo(ONDO)$1.041.50%
  • ethereum-classicEthereum Classic(ETC)$19.902.81%
  • internet-computerInternet Computer(ICP)$5.653.26%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.950.61%
  • kaspaKaspa(KAS)$0.1062461.50%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2608592.05%
  • render-tokenRender(RENDER)$5.223.46%
  • gatechain-tokenGateToken(GT)$21.98-0.99%
  • mantleMantle(MNT)$0.793.77%
  • crypto-com-chainCronos(CRO)$0.100259-0.74%
  • vechainVeChain(VET)$0.0309572.22%
  • ethenaEthena(ENA)$0.4070049.07%
  • arbitrumArbitrum(ARB)$0.46652318.14%
  • usd1World Liberty Financial USD(USD1)$1.00-0.09%
  • filecoinFilecoin(FIL)$3.174.10%
  • algorandAlgorand(ALGO)$0.2429433.14%