Dan Dolev sees Coinbase missing Q3 revenue estimates by 10%

Mizuho analyst forecasts up to $652 million in revenue for Coinbase in Q3. Dan Dolev continues to see sharp downside in the crypto stock to $27. Coinbase shares are already down roughly 35% versus their YTD high. Mizuho lowered its quarterly revenue estimate for Coinbase Global Inc on Wednesday. Its shares are down 1.0% at […]

Bitcoin is rallying due to interest rate forecasts, says Coinjournal’s Dan Ashmore

Key takeaways Bitcoin is trading above the $28k level for the first time since June 2022. Coinjournal’s Dan Ashmore believes that the interest rate forecasts are responsible for the ongoing rally by Bitcoin and other cryptocurrencies. Many in the market still consider the recent banking crisis as the reason why investors are entering the crypto […]