šØBreaking News: Barclays downgrades Coinbase (#COIN) but raises price target! š The bank changes from equal to underweight, but increases price target from $61 to $70. š Q2 earnings due on Aug 8 may bring surprises! š Share your thoughtsš” in comments below! š
Despite recent improvements in #crypto volumes, Barclays sees few positive near-term drivers due to regulatory crackdowns & USD Coin market cap woes. š Is there more growth potential for Coinbase in the long run? Discuss šØļø below!
ā¹ļø Fun Fact: Coinbase's share price went up after news of a BlackRock-sponsored #Bitcoin ETF application, for which Coinbase is expected to be custodian & prime broker! š¤š° Too soon to celebrate? Share your take š in the comments!