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The U.S. district court ruling that Ripple’s XRP token should not be considered a security if sold via an exchange or through programmatic sales is positive for Coinbase (COIN) shares since it sets a precedent that token sales through exchanges, at least in the case of XRP, did not violate
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In Todaro’s base case scenario, Coinbase’s NFT platform would have similar fees to competitors at 2.5%, volume of $1.5 billion, and post annual revenue of $450 million. In an aggressive bullish scenario, Coinbase might push fees to 3%, see volume of $3.5 billion, and add as much as $1.26 billion
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Hardware crypto wallet Arculus will aid its owner CompoSecure’s (CMPO) revenue as it seeks to gain ground on cold storage competitors such as Ledger and Trezor, Needham equity research analyst John Todaro told clients in a note Friday.Cold storage is a way of holding cryptocurrency tokens offline rather than on
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