HomeInvestingTechnical AnalysisCOIN: Crypto Trading Volume Could Continue To Increase Into 2024

COIN: Crypto Trading Volume Could Continue To Increase Into 2024

Compass Point reiterates a buy rating on Coinbase (COIN) and raised its price target to $200 from $145. A Compass Point analyst notes that the rise in crypto should benefit staking-as-a-service business. The analyst also expects crypto trading volumes to continue to increase into 2024 and expects the company to be able to take derivatives market share from Binance. Kevin Green discusses this story. Tune in to find out more about the stock market today.

Next Gen Investing

19 Dec 2023

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