Saturday, March 25, 2023
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Cowen Downgrades Coinbase Stock Citing Trading Volume Declines

"COIN's business is significantly correlated to crypto asset prices, trading volumes, and volatility," they wrote. "COIN's monthly trading volumes have seen a fairly consistent drawdown each subsequent month since November 2021, and there remains low visibility into either a stabilization or rebound in retail trading volumes over 2023 given the

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Fintechs See Strongest Payments Challenge From Stablecoins and CBDCs, Not Bitcoin: Cowen

While it’s still early innings for crypto, management teams at leading fintech companies regard stablecoins and possibly central bank digital currencies (CBDCs) as more “elegant” than bitcoin (BTC) with respect to payments, according to a research report from financial services firm Cowen (COWN). Source

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Investment Bank Cowen Launches Digital Unit, Aims to Compete With Bulge-Bracket Firms

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies

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