Moody’s Additional Downgrades Coinbase Junk Bonds, Becoming a member of S&P

by Jeremy

Shares of Coinbase dropped 86% in 2022, partly as a result of buying and selling quantity for cryptocurrencies, which continues to be Coinbase’s principal income stream, slowed after crypto costs dropped sharply in the course of the 12 months, and crypto companies together with Three Arrows Capital, Celsius Community and FTX collapsed.

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