đšBreaking News: Barclays downgrades Coinbase (#COIN) but raises price target! đ The bank changes from equal to underweight, but increases price target from $61 to $70. đ Q2 earnings due on Aug 8 may bring surprises! đ Share your thoughtsđĄ in comments below! đ
Despite recent improvements in #crypto volumes, Barclays sees few positive near-term drivers due to regulatory crackdowns & USD Coin market cap woes. đ Is there more growth potential for Coinbase in the long run? Discuss đšïž below!
âčïž 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! đ€đ° Too soon to celebrate? Share your take đ in the comments!