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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 […]

dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing

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.

dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing

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.

dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing

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.

dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing