Beyond the Tweets: How CLARITY Bill Changes Favor Circle Over Coinbase
Monness Crespi calls Trump's Truth Social stablecoin support mere saber rattling. CLARITY bill shift favors Circle over Coinbase. Firm adds to COIN shorts, stays long CRCL.
Monness Crespi calls Trump's Truth Social stablecoin support mere saber rattling. CLARITY bill shift favors Circle over Coinbase. Firm adds to COIN shorts, stays long CRCL.
Coinbase reports Q4 net loss of $667M as crypto market cools, but stablecoins provide some stability.
Coinbase acquires The Clearing Company to strengthen its prediction markets platform, bringing in expert team from Kalshi and Polymarket as part of its "Everything Exchange" strategy.
Citigroup forecasts bitcoin reaching $143,000 and ethereum $4,304 within 12 months, citing regulatory improvements and growing adoption despite recent market volatility.
Argus downgrades Coinbase to Hold, citing high valuation, slower expected growth, and rising expenses. Shares fall over 3% as the firm trims long-term earnings forecasts.
Coinbase is reportedly in late-stage talks to acquire BVNK for around $2 billion, aiming to strengthen its stablecoin and payments strategy amid growing industry activity.