Bitcoin Breaks Below $26,000, Down 4%

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Coinbase (COIN) has 'too much regulatory risk' - Berenberg

May 16, 2023 9:07 AM EDT

Coinbase (NASDAQ: COIN) was initiated with a Hold rating and $55 per share price target by Berenberg analyst Mark Palmer in a research note Tuesday.

Palmer told investors there is "too much regulatory risk" despite the cryptocurrency exchange positioning itself to outlast the crypto... More