Skip to main content

Coinbase stock forecast 2025: Negative for two consecutive days

 

Coinbase

For investors in the currency circle, these two days are destined to be an uneasy day. First, the Republic of El Salvador officially regarded Bitcoin as a legal currency for trading, and then Bitcoin experienced a wave of flash crashes. The price once plummeted from $52,800 by 19% to $42,900. Finally, the Bitcoin exchange Coinbase was negative for two consecutive days.


 Let me talk about the fact that El Salvador uses Bitcoin as a legal currency. To attract more foreign investment and provide lower-cost financial and foreign exchange services, the Salvadoran government-approved Bitcoin as a legal currency as early as June this year and decided to officially implement this currency on September 7, which is yesterday. policy. The government plans to distribute $30 worth of bitcoin to residents who have registered for e-wallets, with a total investment of up to 75 million U.S. dollars. But yesterday’s implementation results showed that the start of this plan was not smooth. In addition to the e-wallet app that did not appear in the major app stores in time, many residents of El Salvador encountered difficulties when registering. To


 However, implementing the above is not the only problem encountered by Bitcoin as a legal currency. Yesterday, after the New Deal in El Salvador, Bitcoin set its biggest decline in nearly two months. In this regard, the chief market analyst of brokerage AvaTrade believes that this is the performance of Buy the rumor, sell the news. He said that since July, the price of Bitcoin has recovered 70%. It shows that the Bitcoin market has already priced in the good news "as a legal currency". Therefore, when the policy really starts, that is, when the good news bonus is used up. Therefore, he believes that this decline is just a healthy market correction. The founder of Fairlead Strategies believes that Bitcoin's trend is more of a technical issue. She believes that at present, this degree of decline can be regarded as a slight correction because the closing price of Bitcoin has not fallen to the 50-day moving average of $44,000, and most digital currencies have strong technical aspects. Reserve price support level. To


 Under yesterday's sharp volatility, the business of Bitcoin exchange Coinbase was also affected, causing its stock price to fall by 4.17% yesterday. Coinbase said on Twitter that some of the orders could not be sent out yesterday morning, but it has been resolved this afternoon. The difficulty of this transaction caused dissatisfaction among many users. They sarcastically said on the company's Twitter: "Interestingly, every time the price drops, the transaction goes wrong." However, a wave of unrest has occurred again, and Coinbase received a warning from the SEC today and has been on the hot page of financial news for two consecutive days. Coinbase said last night that the SEC warned them that they would be prosecuted if they continue to promote the lending of digital currencies and collect interest from them. To this end, the company announced that it will postpone the feature launch date by ten days. Affected by this news, Coinbase's share price fell again today, once fell 4.5% during the session, but then the share price rose slightly, and finally closed with a 3.2% drop. To


 Although I don't know what the mood of the officials in the currency circle is, seeing this series of news is like a roller coaster, one after another, just like the price of Bitcoin. Regarding Bitcoin being used as the legal currency of El Salvador, I think the impact on the market is very limited. The main reason is that El Salvador’s economy is very small and has little influence on the development of Bitcoin, which is far less terrifying than a policy of the United States or China. At present, it seems that these influential countries still have a negative attitude towards Bitcoin, so Bitcoin will experience regulatory risks for a long time in the future. To


 As for Coinbase, I would also like to express my views on this matter. First of all, I am not too worried about regulatory pressure, because, from the company's handling of similar issues in the past, Coinbase has a high probability of successfully surviving the catastrophe. As for Coinbase, its profit model is more stable than the digital currency itself, and it can also benefit from the long-term trend of digital currency. If you want to deploy a digital currency, but don't want to bear excessive volatility, Coinbase will be an excellent alternative to digital currency.

Comments

Popular posts from this blog

PLTR stock forecast 2025: Long-term holding growth stocks Palantir

Today we are talking about Palantir Technologies Inc.(PLTR) the long-term growth stocks.  I have been paying attention to Palantir for a long time before the listing, but after the direct listing, the stock price fluctuated greatly, and the market's valuation faced great divergence. In addition, Palantir chose 80% of the shares to lift the ban three trading days after the financial report.  Therefore, I am also prepared to look at the market's reaction after the ban is lifted.  However, the stock price did not fall sharply due to the large-scale lifting of the ban. In this round of growth stock valuations, the decline of Palantir is not too large, at about 20%, but the valuation is more attractive than before.  From a perspective, I think Palantir is a company worth holding for a long time.  Palantir was founded in 2003 as a big data company with founders Peter Thiel, Alex Karp, Joe Lonsdale, Stephen Cohen, and Nathan Gettings.  Among them, the third and fo...

The relationship between Dow theory and the stock market!

Many technical analyses, such as morphological analysis and wave theory, use the Dow theory as the basis for the evolution of original technical analysis. Let's talk about the relationship between the Dow theory and today's stock market. Starting from the three most widely known theorems, theorems, market behavior is inclusive and digestive, market behavior follows the trend, and history will repeat itself. Among these three theorems, there are many Charles investment ideas, which can also be said to be the backbone of technical analysis. Charles' first theorem hoped that the market was originally a gathering place for hundreds of news. For example, Jun A believes that a country's civil war and unstable economy caused it to sell the shares of local companies; Jun B learned that the local companies will still have considerable profitability next year, so he bought the shares of local companies; Jun received a third different message and made an investment decision and...

NVDA Stock Forecast and Analysis: 3 opportunities and 2 risks

What are the 3 opportunities and 2 risks for NVIDIA? How to invest in NVIDIA stock? NVIDIA(NVDA) stock buy or sell? NVIDIA Stock Forecast and Analysis 2021 First, because in the third quarter of 2020, NVIDIA's revenue and profit have set record highs. Among them, revenue was 4.73 billion U.S. dollars, an increase of 57% year-on-year, and analysts expected it to be 4.41 billion U.S. dollars. NVIDIA's revenue Earnings per share were 2.91 US dollars, analysts expected to be 2.57 US dollars. It can be seen that both revenue and profit have exceeded analysts’ expectations. NVIDIA expects its fourth-quarter revenue to be US$4.8 billion, in line with analysts’ expectations of US$4.42 billion. Second, the current market value of NVIDIA is much higher than the combined market value of Intel and AMD. From the beginning of the year to now, NVIDIA has risen by 123%, AMD has risen by 87%, Intel has fallen by 24%, TSMC has risen by 64%, and the Nasdaq has risen by 33%. It can be seen that bo...

Investors have begun to switch back to traditional growth stocks

 On Thursday, the stock prices of Cisco, Alphabet, and IBM hit new highs. But more importantly, the previously unpopular speculative growth stocks, including stocks bought by many ARK funds, have now begun to rebound.  How is this going?  Investors' perspective on the market is changing. In the first quarter of this year, mainstream voices in the market believe that the economy will restart strongly, bond yields will rise, and inflation may become a problem later this year. After the end of the first quarter, these expectations were only partially fulfilled.  The U.S. economy has indeed restarted strongly, but bond yields fell in the first quarter instead of rising because investors began to believe:  1) Inflation and supply chain disruption may indeed be "temporary", as the Fed insists;  2) The second and third quarters will be the highest points of stock returns and economic growth.  Alec Young, a chief investment officer of Tactical Alpha, said: “...

The era of negative US interest rates coming?

Recently, the US Federal Reserve suddenly cut interest rates and US stocks fell sharply. Most investors believe that the ten-year bull market for US stocks has ended. In terms of the US dollar index, after a period of decline, the US dollar index rebounded sharply, indicating that risk aversion was high, and market funds were flowing to the US dollar to hedge. The Fed ’s interest rate cuts have not saved the US stock market. The Fed ’s interest rates are now very low. If the Fed continues to cut interest rates in the future, the United States will soon enter the era of negative interest rates. Take Europe and Japan as examples. Negative interest rates have not restored the country ’s economy. The future economic situation of the United States is not optimistic. The reason for the negative interest rate is that the investment must be profitable, otherwise, it will not be invested. If the profit is low or loss, the investor will directly deposit the profit to the bank. When socia...

AMZN stock forecast 2025: Amazon's main advantages

  On July 6, after the US stock market opened, Amazon broke through $3,600, a record high.  Amazon has been oscillating between 3000-3500 US dollars in the past year, and the stock price finally broke through.  Amazon is a stock that has a high valuation from PE but is seriously undervalued by the market from the perspective of its development prospects. It is one of my favorite technology stocks.  Amazon's main advantages are:  1. Amazon's current GMV is only half that of Alibaba.  Looking at the current penetration rate of e-commerce in China and the future penetration rate of e-commerce in the United States, we will find that Amazon e-commerce has huge growth potential in the United States.  Amazon e-commerce is far from saturated in the United States.  2. Cloud computing has unlimited potential.  As the industry leader, Amazon's cloud computing can maintain a growth rate of 20%-30% for many years in the future.  3. The international ...

10 stocks tell you why U.S. stocks plunged!

On February 24, 2020, the U.S. stock market plummeted by 1,000 points. Since the outbreak of the new coronavirus epidemic, although market funds have already begun to flow into safe-haven assets such as gold and bond markets, the epidemic does not seem to have an impact on the stock market trend.  As the new coronavirus epidemic spread further, and companies began to publish performance reports, investors began to worry that the epidemic would affect the company's next quarter's profit growth and made predictions for the company's next quarter's performance.  Analysts lowered the companies The profit forecast for the next quarter, and the Fed is expected to cut interest rates in March, the Fed's rate cut indicates that the economy may further decline. S & P 500 Index Fed watch As an investor, you need to know how to value a company using PEG indicators. Generally speaking, the valuation using the PEG indicator is more accurate, but it is only used t...

The Federal Reserve implements interest rate hikes or cuts?

Generally speaking, the Federal Reserve implements interest rate hikes or cuts. Interest rate rises are austerity monetary policies, and interest rate cuts are a loose monetary policy. When the rate hike cycle begins, it indicates that the Federal Reserve is optimistic about the future economic outlook, economic data shows a positive outlook, and market sentiment is optimistic. To avoid excessive economic growth, the Federal Reserve has implemented austerity monetary policy and implemented interest rate hikes. When the interest rate cut cycle begins, it means that the Federal Reserve is bad on the future economic outlook, the economic data shows a bad trend, and the market is pessimistic. To stimulate economic growth, the Federal Reserve has implemented a loose monetary policy and implemented interest rate reductions. Correlation between the S & P 500 and Federal Reserve interest rates Historical data from the S & P 500 shows that when the rate hike cycle begins, the sto...

3 Chinese technology stocks forecast 2025: JD PDD and BZUN

  Forget Alibaba(BABA)!  These 3 Chinese technology stocks are more worth buying      Hello everyone, Alibaba is China's largest e-commerce and cloud company. From January to late May, Alibaba's market value has shrunk by nearly 10%, lagging behind many peers.  Antitrust investigations in China, stricter auditing standards in the United States, and funding from growth stocks to value stocks have all dragged down Alibaba's stock price.      Alibaba’s stock is trading at an expected price-to-earnings ratio of 18 times, which may seem cheap, but analysts still expect Alibaba’s earnings to fall by 3% this year because it has absorbed a record US$2.75 billion in antitrust fines.  It also needs to stop exclusive deals with big brands, which may weaken the company's defenses against smaller e-commerce markets.      But this is not all. Alibaba may be forced to divest media assets and share user data with the government, and the group's financial technology su...

The five stages of company growth!

company Many people who study stocks will analyze the fundamentals of the stock, such as viewing its performance report, PE, PB, PEG, debt ratio, dividend ratio, cash flow, ROE, EPS growth, etc. I don't know if you tried it. After performing many basic analyses, you will feel that the prospects for a particular stock are very good.  You have even read the analysis reports of many large banks, or listened to the analysis of many market participants and obtained a consistent high evaluation.  Then, you will think that this stock will grow in the future, so you buy it and think that you can use this stock to create a better future from now on, and the final development of the story is the opposite of the fact that the development direction will eventually Put you in trouble or lose money. I will not deny the importance of basic analysis, because, in addition to focusing on technical analysis, I am also very concerned about the company's basic factors. I am an investor fo...