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Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions

Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base ReductionsAnalysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock’s all-time high (ATH) in November 2021. Goldman analyst William Nance explained that his group of market strategists believes “Coinbase will […]

SEC Unveils Plan to Compensate Investors in Mila Kunis’ Stoner Cats

Eight Small-Cap Altcoins Get Custody Support From Top US Crypto Exchange Coinbase

Coinbase continues to expand its crypto footprint by offering custodial services to more than half a dozen altcoins. In a pair of tweets, the US-based cryptocurrency exchange says that it’s adding eight new cryptos to its roster of 150+ assets that are part of the Coinbase Custody cold storage trust. Coinbase Custody now supports deposits […]

The post Eight Small-Cap Altcoins Get Custody Support From Top US Crypto Exchange Coinbase appeared first on The Daily Hodl.

SEC Unveils Plan to Compensate Investors in Mila Kunis’ Stoner Cats

Coinbase Launching Five Ethereum-Based Altcoins Across Entire Crypto Trading Ecosystem

US-based digital asset exchange Coinbase is expanding support for five Ethereum-based altcoins across its entire trading ecosystem. In a new blog post, Coinbase announces that Alchemix (ALCX), the governance token for collateral-backed loan platform Alchemix Finance, can now be purchased on Coinbase.com and on the exchange’s mobile apps. ALCX is trading at $441.61 at time […]

The post Coinbase Launching Five Ethereum-Based Altcoins Across Entire Crypto Trading Ecosystem appeared first on The Daily Hodl.

SEC Unveils Plan to Compensate Investors in Mila Kunis’ Stoner Cats

Coinbase Pro Plans To Launch Japanese Yen-Pegged Stablecoin

Coinbase Pro is announcing plans to launch a stablecoin pegged to the Japanese yen, reportedly the first of its kind. GYEN (GYEN) bills itself as the “first regulated digital [Japanese yen].” The project says it is 100% fiat-backed. Coinbase first issued a press release earlier this week announcing Coinbase Pro’s plans to launch GYEN order […]

The post Coinbase Pro Plans To Launch Japanese Yen-Pegged Stablecoin appeared first on The Daily Hodl.

SEC Unveils Plan to Compensate Investors in Mila Kunis’ Stoner Cats