Coinbase Receives Second 'Buy' Rating This Week Amid Onchain Expansion
Coinbase has received its second 'buy' rating in a week, this time from Bank of America. The upgrade is reportedly due to reversing short interest and tax-loss harvesting. Simultaneously, Coinbase is expanding its focus to bring the financial system onchain, according to reports. The development suggests a positive outlook for the cryptocurrency exchange as it navigates market dynamics and explores new technological avenues.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.