MultiversX Tracker is Live!

Totally Not Financial Advice But CoinBase Has Strong Buy Signals Right Now

All Cryptocurrencies

by COINS NEWS 214 Views

  • CoinBase is trading at $176.83 right now. Its all time high was $429 in April 2021.
  • Based on 13 Wall Street analysts offering 12 month price targets, average price target is $314.08 (+77.62%) with a high forecast of $405.00 and a low forecast of $220.00.
  • The 15 February price of $195.25 represented a 20% uplift from the low of 28 January.
  • Its low point of $162 represents a fall of 55% from its November high.
  • On 12 January partnered with the ecosystem of FairX, a derivatives exchange regulated by the Commodity Futures Trading Commission. "Over time, we plan to leverage FairX’s infrastructure to offer crypto derivatives to all Coinbase customers in the US," said the company. The deal gave their shares a 5% boost.
  • 73 million verified users as of 31 January 2022, up from 43 million in December 2020.
  • Reported revenue of $1.3-1.8 billion in 2020, according to the SEC, doubled from the $533.7 millions in 2019.
  • Net profits of $771m for the first quarter, compared with $322.3m for all of 2020.
  • Known as a 'first-mover' in processing and innovating cryptocurrency transactions, and healthy competition is growing.
  • Announced in October 2021 plans to launch NFT marketplace.
  • Employees: 1,249 (2020) ,, 3700+ (2022) ,, 6000+ (projected 2023).
  • Plans to hire up to 2,000 people this year for Web 3 and other areas.
submitted by /u/Jxntb733
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments