Coinbase Gets Hold-Equivalent Rating From Barclays on Crypto Regulatory Risk
Barclays’ research team sees Coinbase continuing to face headwinds. Original Source
Read More
Rating
S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures
Major American cryptocurrency exchange Coinbase saw its long-term issuer credit rating downgraded from BB+ to BB status by rating agency S&P Global following its latest earnings report this year.The agency confirmed the downgrade in a note on Thursday, pointing toward Coinbase’s weaker performance in the second quarter of 2022 as
Read More
Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions – Bitcoin News
Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock’s all-time high (ATH) in November 2021. Goldman analyst William Nance explained that his group of
Read More
Compound’s Enterprise Arm Receives S&P Credit Rating in DeFi First
The iffy B- grade applies to Compound Treasury, a platform promising 4% yield for USDC-denominated business accounts. Source
Read More
BofA Initiates Coverage of Silvergate With ‘Buy’ Rating, Sees 50% Potential Upside
Silvergate Capital (SI) offers investors an alternative way to gain exposure to the growth of the cryptocurrency ecosystem without the need to actually own a digital asset, Bank of America said in a report initiating coverage of the stock with a buy rating and a $200 price target, implying a
Read More
Fitch lowers El Salvador’s rating due to Bitcoin adoption
El Salvador faces another whipping from a traditional finance firm for its "forbidden" love for Bitcoin (BTC). American credit rating agency Fitch Ratings lowered El Salvador’s long-term Issuer Default Rating (IDR) from B- to CCC, mentioning “policy unpredictability” and the “adoption of Bitcoin as legal tender” as some of the factors that
Read More