Since its start in February 2020, the force's criminal asset confiscation command has seized more than $600 million in illegal gains.
Have Been Relatively Bearish On The Coinbase Share Price For A While
Have Been Relatively Bearish On The Coinbase Share Price For A While latest news, images, analysis about Coinbase stock price forecast 2023 Analysts have been relatively bearish on the Coinbase share price for a while. Those at Atlantic Securities expect that the shares will be between …
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Based on an independent investigation, Binance's security team found two people who may have been behind the theft of $265,000 worth of virtual currency on KyberSwap.
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A Subcommittee chairman reached out to the CEO of Binance US and asked for a number of documents. This was done to help review the steps taken to protect investors.
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FAQs for Have Been Relatively Bearish On The Coinbase Share Price For A While
How much is Coinbase stock worth?
Considering this, we have revised our price estimate for COIN stock from around $300 per share to about $240 per share. However, we still remain bullish on Coinbase, with our price estimate standing at about 35% over the current market price.
What happened to Coinbase?
Coinbase is the leading US cryptocurrency exchange. Notably, it has been under pressure this year as cryptocurrency prices collapse. Historically, Coinbase has had a close correlation with cryptocurrencies. The stock is trading at its lowest level on record. The decline happened as investors focused on the collapse of FTX and Alameda Research.
Is Coinbase in a bear market?
Coinbase (NASDAQ:COIN) was a big beneficiary of the crypto boom, with revenues in Q1 rising over 9x year-over-year to about $1.8 billion, as users flocked to its platform to cash in on soaring cryptocurrency prices. However, cryptocurrencies now appear to be in a bear market.
Will Coinbase continue to grow as an exchange?
Similarly, Coinbase was one of the first companies to provide an easy, safe, and intuitive way for retail customers to buy bitcoin and other cryptocurrencies, and will continue to do so, in our opinion. Our bear case scenario assumes Coinbase will continue to grow as an exchange but does not attribute any value to future products or services.
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