H.C. Wainwright, a leading New York investment bank, has notified its investors that crypto winter is finally over.
“Lastly, we view COIN as a scarce asset, as Coinbase is the only publicly listed crypto native company in the US with a market cap in excess of $10B, which means competition for investor capital is extremely limited, and given the current regulatory environment for crypto, we see Coinbase’s scarcity value unlikely to change over the near term.”
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NY investment bank says 'crypto winter is over,' bullish outlook for CoinbaseAnalyst Mike Colonnese from H.C. Wainwright has declared an end to crypto winter and explained that Coinbase stands to benefit greatly from the next crypto bull run. 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.”
La source: Cointelegraph - 🏆 562. / 51 Lire la suite »
Coinbase sues SEC, and WisdomTree's CEO on the company's upcoming crypto wallet: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jonathan Steinberg, founder and CEO of WisdomTree, discusses the company's upcoming crypto wallet and how traditional finance can embrace crypto technology.
La source: CNBC - 🏆 12. / 72 Lire la suite »