Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Monday, July 31, 2023

Coinbase Valuation As Of 31st Of July 2023


Coinbase is undervalued long-term.

Today the financial media is reporting that the Securities and Exchange Commission was on the verge of banning all trading of all cryptocurrencies, apart from Bitcoin on the Coinbase exchange.

Barring an unforeseen regulatory action barring outright Bitcoin, cryptocurrency trading on the Coinbase exchange, Coinbase is undevalued according to Wolfteam Ltd.'s corporate estimates and in the long-term can surpass its IPO valuation, which reflects a stock price of circa 343 USD and market capitalization of 70 billion USD compared with the current Coinbase's price of 95 USD and market capitalization of approximately 22.2 billion USD.

Bitcoin, cryptocurrencies are financial innovation and Coinbase is the modern day foundation of Bitcoin, cryptocurrencies trading.

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