New York-based investment firm H.C. Wainwright has declared an end to crypto winter and set an ambitious new price target for shares in Coinbase.
According to the analyst, markets “have likely now entered BTC's next bull price cycle which has historically resulted in significant growth in total crypto market cap, incremental retail and institutional adoption, and higher crypto trading volumes.”Colonnese added that Coinbase is"uniquely positioned to benefit from the large and rapidly growing global crypto economy” given that it stands as the largest publicly-traded crypto exchange in the world.
He explained that the new price target is based on an expectation that Coinbase will continue to benefit from the “continuation of crypto’s bullish price action in 2023.” He noted that bullish sentiment typically precedes a Bitcoin (
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Here are Wednesday's biggest analyst calls: Tesla, Coinbase, Apple, Microsoft, Alphabet, Roku & moreHere are Wednesday’s biggest analyst calls: Tesla, Coinbase, Apple, Microsoft, Alphabet, Roku & more
Lire la suite »
Fort Wainwright soldier charged with murdering his wifeFairbanks police say a Fort Wainwright soldier, now charged with murder, reported finding his wife unresponsive early Sunday. He said they'd been drinking and he didn't remember what happened after they got home.
Lire la suite »
Coinbase Compels SEC to Respond to Rulemaking Petition in New LawsuitCoinbase has asked a US court to compel the SEC to respond to a previous petition for rulemaking which asked for clearer regulatory framework for the crypto sector.
Lire la suite »
Coinbase CEO backs 'Stand with Crypto' campaign after suing SECCoinbase's Brian Armstrong has backed an NFT project that aims to signal 'unity for the crypto community seeking sensible crypto policy.'
Lire la suite »
Ripple Advocate John Deaton Supports Coinbase's Lawsuit Against SEC, Here's Reason.Coinbase's lawsuit against the SEC receives backing from pro-Ripple attorney JohnEDeaton1
Lire la suite »