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⭕️COINBASE SEPARATING FROM CRYPTO VOLATILITY

⭕️COINBASE SEPARATING FROM CRYPTO VOLATILITY

Day: 10 | Time: 17:32 Coinbase's stock price has historically been closely linked to the price of Bitcoin. However, the company is aiming to separate its share price from the fluctuations of the cryptocurrency. This effort could be significantly influenced by its ongoing battle with the SEC regarding its staking services. Analysts at Mizuho predict that Coinbase's second-quarter earnings will be affected by reduced trading volumes and a decline in market share. As a result, they have lowered their revenue estimate and set a price target of $145 for the stock. The crypto stock market as a whole has experienced a downward trend in recent months. The competition within the crypto industry is intense, with numerous startups competing for market share. It is crucial for the industry to maintain a level playing field and avoid the concentration of power.

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