Shares of COIN are down nearly 30% this year, with analysts warning that softer trading and crypto prices are likely to weigh on revenue.
Struggling Coinbase gets price target cut from JPMorgan ahead of Thursday earnings
Shares of COIN are down nearly 30% this year, with analysts warning that softer trading and crypto prices are likely to weigh on revenue.
Shares:
The reform would enable banks to trade cryptocurrencies similarly to stocks and bonds, with regulations to ensure stability.
The vocal crypto and bitcoin critic advocated for gold-backed stablecoins instead of U.S. dollar-pegged ones, and he plans to launch one himself.
The token's performance is likely impacted by a civil war within a major BNB treasury firm, where a shareholder is challenging the company's leadership.
Crypto markets have seen significant profit taking in recent weeks with retail investors playing a bigger role than institutions, the report said.