Crypto Trade Coinbase Loses a Wall Avenue Bull on FTX Fallout

Crypto Trade Coinbase Loses a Wall Avenue Bull on FTX Fallout

by Jeremy

Whereas BofA is assured that Coinbase shouldn’t be one other FTX, that reality doesn’t “make them immune from the broader fallout inside the crypto ecosystem.”The analyst staff sees three potential headwinds: Dampened buying and selling exercise because of weaker confidence in crypto, delayed regulatory readability, and the likelihood that contagion results in a fair wider fallout for the business.

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