NewConstructs CEO: Coinbase Rating Too High Due To Market Sentiment

2021-3-13 03:00
share to
Scan QR code with WeChat

Decrypt reported on March 10 that David Trainer, CEO of fair research firm New Constructs, said Coinbase's current $ 100 billion value is too high. He said that as competition in the cryptocurrency market increases, the current market and Coinbase interest rates will not be successful in the cryptocurrency market, which will lead to growth in the to come up. Instead, he believes Coinbase's measurement is based on business assumptions rather than analysis. According to news from February 20, the intrinsic value of Nasdaq Data Coinbase has exceeded $ 100 billion. Ahead of its March 10 listing, the Coinbase exchange's value fell to $ 90 billion.

Next:
Former US Democratic Senator: Binance decides on CFTC's US registration capacity
Former US Democratic Senator Baucus said there was a need for regulators to work in the cryptocurrency space, according to Jinshi, as he declined to comment on Binance's review of the US commodities market ( CFTC). He also said, "The US CFTC is a place where cryptocurrencies 'explode,' so we need to look into cryptocurrencies. Binance is exploring the possibility of registering with the US CFTC and we believe the Binance trading platform will abide by the rules. ”Additionally, Baucus does not hold Bitcoin or other cryptocurrencies.
2021-3-13 02:45