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2023 Crypto Market Outlook (Part 8)

Chapter eight —— Coinbase Institutional Update
2023 Crypto Market Outlook (Part 8)

Ex-Coinbase Manager's Brother Sentenced to Prison in Crypto Insider Trading Case

A former Coinbase employee’s brother has been sentenced to 10 months in prison in what the U.S. Department of Justice (DOJ) called a “groundbreaking cryptocurrency insider trading case.”

Cathie Wood's ARK Adds Nearly $3.3M Shares of Coinbase

ARK has added 74,792 shares of Coinbase (COIN) to the ARK Innovation ETF (ARKK), according to an investor email on Thursday.

Coinbase Layoff Ax Won’t Fall on Compliance Team

Wide-scale layoffs at Coinbase Global Inc. won't significantly impact its compliance team, as the cryptocurrency exchange remains under a New York regulator's watch after recently settling allegations it violated anti-money-laundering laws.

Coinbase Junk Bonds Further Downgraded by S&P on Weak Profitability, Regulatory Risks

S&P Global Ratings, the biggest rating agency globally, has downgraded its long-term credit rating and senior unsecured debt rating on Coinbase (COIN), citing weak profitability from lowered trading volumes and regulatory risks, the agency said Wednesday.

Coinbase Rally May Be a Selling Opportunity, Says Bank of America

The Coinbase (COIN) consensus revenue outlook for this year is still too rosy, says Bank of America’s Jason Kupferberg, downgrading the stock to underperform from neutral and cutting his price target to $35 from $50.

Coinbase Could Be One of Crypto’s Long-Term Survivors: Oppenheimer

Coinbase (COIN) could be one of the crypto ecosystem’s few remaining players as a crypto winter continues to hit all corners of the industry, Owen Lau, a senior analyst at investment firm Oppenheimer, told CoinDesk TV’s “First Mover.”

Coinbase Faces Another Blow As It Winds Down Most Japanese Operations

American crypto exchange Coinbase Inc. will shut down most its operations in Japan. The move is reportedly a part of the firm’s restructuring efforts as it looks to adjust its overseas investment to navigate the ongoing crypto winter. 

13 Predictions for 2023 From Crypto Experts

Experts are sharing their observations and predictions for 2023. We have saved you time and summarized the key points. Also, couldn’t help dropping in a few predictions of ours.
13 Predictions for 2023 From Crypto Experts

ARK Makes Coinbase Buy as COIN Jumps 20% On-Week

Tech investor Cathie Wood has made her first purchase of the year of Coinbase (COIN) stock.