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

Wednesday, January 17, 2024

Coinbase Valuation After The Securities And Exchange Bitcoin ETFs

 


Coinbase Global, Inc or Coinbase's market capitalization could triple from current levels on the Securities And Exchange Commission approving Bitcoin ETFs.

Coinbase's market capitalization could rise from 32.03 billion USD currently to 100 billion USD in 2024 alone.

Although The Securities And Exchange Commission officially denied endorsing or approving Bitcoin, allowing Bitcoin tightly related products like Bitcoin Exchange Traded Funds, Bitcoin ETFs is a great boost for the fintech, Bitcoin cryptocurrencies ecosystem.

And Bitcoin stocks like Robinhood markets, Microstrategy, Block, Coinbase, Nu Holdings Ltd. are set to flourish.

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