Coinbase, a renowned cryptocurrency platform, has expressed a bullish view on the future of Ethereum (ETH), prompting speculation of a surprising upside in the coming months. The platform perceives the market as underestimating the possibility and speed of an ETH-spot exchange-traded fund (ETF) nod. Further, it has expanded into Australia's massive pension market with tailored crypto services. Amid some system-wide outage hitches recently,
Coinbase has reassured users over the safety of their funds. Recent reports indicate that
Coinbase has received an upgrade from Bank of America, bolstered by positive crypto market dynamics. Its diversification efforts have led to the integration of Bitcoin's Lightning Network and ventures into AVS landscape. However, concerns loom over a potential threat from CME Bitcoin Trading and legal issues. Despite ETH’s 2022 underperformance,
Coinbase predicts a bullish surge for the digital asset. The exchange is also reportedly considering relisting Terra Luna Classic (LUNC). Findings by the platform’s research unit allude to a possible upside surprise for
Ethereum.
Coinbase News Analytics from Tue, 05 Dec 2023 08:00:00 GMT to Sun, 19 May 2024 20:06:13 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 4
