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Coinbase (COIN) Earnings Hurt by Low Crypto Volume But Trump Could be Wild Card, Analysts Say

by SB Crypto Guru News
July 30, 2024
in Crypto Updates
Reading Time: 1 min read
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However, the investment banking firm Oppenheimer (PT: $282, outperform ) added a bit of optimism, saying that the upcoming election could act as a positive catalyst for the stock. “Since our meetings with legislators in May, our thesis has been that Coinbase would benefit the most in our coverage if former President Donald Trump is re-elected. Recent events including Trump’s continuing to speak in Bitcoin conferences in-person only increase our confidence,” the firm’s analyst wrote.



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Tags: AnalystsBitcoin NewsCardCoinCoinbaseCryptoCrypto NewsCrypto UpdatesearningsHurtLatest News on CryptoSB Crypto Guru NewsTrumpVolumeWild
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