Tokens.com Provides Update on Token Sales

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Mizuho Securities Downgrades Coinbase Global Inc. (COIN) to Underperform, 'Is Interest Income the Next Shoe To Drop?'

December 9, 2022 4:14 AM EST

Mizuho Securities analyst Dan Dolev downgraded Coinbase Global Inc. (NASDAQ: COIN) from Neutral to Underperform with a price target of $30.00 (from $42.00).

The analyst comments "Downgrading COIN to Underperform from Neutral. Interest income from Circle's USD Coin (USDC) has been increasingly important for COIN amid... More