Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance
The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.
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The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.
The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen.
The gap between liquidity on the ask and bid sides of the order book within 2% of the market price has widened to nearly five times is usual value, according to data tracked by Kaiko.
Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country.
Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.
The bank lifted its rating on Coinbase stock to reflect rising crypto prices following the approval of spot bitcoin ETFs in the U.S.
OPNX’s volume peaked at just over $600,000, according to CoinGecko data.
Several on-chain metrics and indicators still suggest the price correction may not be over or at least that a new rally is still not on the cards, one firm said.
More than 20 trading pairs will be delisted next week as they no longer meet the crypto exchange’s listing criteria.
The largest cryptocurrency trading venue added 40 million accounts to 170 million.