Coinbase will be “acutely pressured in the near-term” as its retail customer base trades less frequently in the bear market, but the company has staying power due to its healthy balance sheet with over $5 billion in cash, it’s proactive approach to regulatory compliance, prudent risk management and its legitimacy as a publicly listed and audited company, the note said.
Related posts
-
The real winner of the 2024 US elections will be crypto
Disclosure: The views and opinions expressed here belong solely to the author and do not represent... -
Cryptoquant CEO Expects Crypto Market to Skyrocket With CZ’s Return — ‘Bullish Vibes Everywhere’
Cryptoquant’s chief executive has expressed optimism about the return... -
DTX Exchange surpasses Solana and Binance coin gains amid recent market developments
Disclosure: This article does not represent investment advice. The content and materials featured on this page...