Dolev maintained his “underperform” rating on the crypto exchange today. His $27 price objective suggests shares could tank an alarming 50% from here.
The analyst is super bearish on Coinbase stock partially because he suspects that it’s losing share in retail trading to peer Robinhood Markets Inc.
This article is garbage. What is being proposed is that first time investors have the 24 hour period so if you set up an account your first trade is not open for 24 hours. All subsequent trades would be unrestricted. And of course it’s only a proposal.