Coinbase

Los bonos de Coinbase y MicroStrategy caen mientras el colapso de FTX reduce la confianza institucional en el mercado cripto
Los altos rendimientos de los bonos reflejan el sólido aumento de las tasas de interés y el escepticismo genuino sobre la viabilidad a largo plazo de las criptomonedas entre los inversores institucionales, dijo un inversor.

Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto
High bond yields are reflective of sharply higher interest rates as well as genuine skepticism about the long-term viability of crypto amongst institutional investors, one investor said.

Bank of America Downgrades Crypto Exchange Coinbase to Neutral in FTX Aftermath
The bank had rated the shares at buy. It cut its price target to $50 from $77.

Analyst Cuts Price Target for Coinbase in Wake of FTX Crash
Oppenheimer Senior Analyst Owen Lau cut his price target for Coinbase from $107 to $89 in the wake of FTX's implosion. "We are actually less optimistic for the industry in the near term," he said. Plus, Lau shares his long term outlook for the digital assets industry.

What FTX's Collapse Means for Coinbase
Shares of Coinbase skyrocketed over the past week since rival crypto exchange FTX filed for bankruptcy. Cathie Wood's ARK Investment Management ETF bought 238,000 more shares worth roughly $12.1 million. Oppenheimer Senior Analyst Owen Lau discusses the FTX collapse and whether it could be a positive development for Coinbase.

DeFi Protocols Are Winning Users as Centralized Crypto Exchanges Suffer Ether Outflows
In the wake of the downfall of Sam Bankman-Fried’s FTX exchange, crypto traders are increasingly turning toward decentralized-finance (DeFi) protocols – as Ethereum tokens flow off big centralized crypto exchanges like Binance and OKX.

US-Listed Crypto Trading Platforms Coinbase, Bakkt Gain After FTX Bankruptcy Filing
Investors appear to be favoring more regulated and transparent platforms.

Crypto-Linked Stocks Tumble After FTX Files for Bankruptcy
Bitcoin and ether both fell about 6% following the Chapter 11 filing Friday morning.

Coinbase Sheds Roughly 60 Jobs as Cost-Cutting Continues Amid Bear Market
The crypto exchange called the latest reductions “isolated and targeted.”

Cathie Woods’ ARK Buys 238K More Shares in Coinbase Exchange Amid Crypto Rout
The purchase adds to the more than 400,000 Coinbase shares bought by ARK’s exchange-traded funds earlier this week.

