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

Sunday, January 21, 2024

Coinbase Is Undervalued At Current Levels. SEC Coinbase Lawsuit.

 


There is a Securities And Exchange Commission, SEC against Coinbase, Inc, the cryptocurrencies exchange lawsuit decision pending soon.

If the SEC wins the lawsuit Coinbase's stock price could go down to 82 USD. If the Securities And Exchange Commission achieves a partial win against Coinbase, Coinbase's stock could fall to 97 USD.

If Coinbase wins the lawsuit against the Securities And Exchange Commission, Coinbase's stock price could shoot up to 180 USD from the current 124.75 USD Coinbase stock price. 

The lawsuit Securities And Exchange Commission, SEC against Coinbase, Inc is a coin toss, with slightly higher probability of the Securities And Exchange Commission winning, according to leading law firms.

The lawsuit is very important for the cryptocurrencies market. If Coinbase wins, Bitcoin cryptocurrencies trading could become much more active on Coinbase's exchange platform. A Coinbase win will be one way of endorsement of the Bitcoin, cryptocurrencies market by law authorities.

Even a partial loss for Coinbase could increase dramatically Bitcoin, cryptocurrencies adoption, let alone an outright win for Coinbase against the Securities And Exchange Commission, SEC lawsuit.

In short, the Bitcoin, cryptocurrencies market is set to thrive, according to Wolfteam Ltd.'s house view.

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)