JPMorgan said weak crypto markets pressured fourth-quarter results, but backs Coinbase’s strategy of investing through the cycle and returning capital via buybacks.
Wall Street analysts cut Coinbase price targets following Q4 earnings miss
JPMorgan said weak crypto markets pressured fourth-quarter results, but backs Coinbase’s strategy of investing through the cycle and returning capital via buybacks.
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The Isle of Man-based contrasted its active staking and investment strategy with a more passive digital-asset treasury approach.
The surge happened while other artificial intelligence-focused crypto tokens declined with bitcoin and the broader market.
Spot XRP ETFs are only a matter of time, according to one industry expert.
Asian stocks cooled after a seven-day winning streak, while global equities dipped for the first time in eight sessions.