Coinbase stock forecast 2025: Negative for two consecutive days

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

Gold(GLD) and crude oil(USO) plunge and lose their value?

Recently, the stock market has experienced ups and downs. During the financial crisis, gold, bonds, and even bitcoin, which have been regarded as value-preserving, have depreciated. Can't help but make many investors confused, why is it like this? gold Gold On February 24, due to the stock market crash, a large number of institutions sold gold to make up for the losses of these institutions in the stock market and to increase margin. The price of gold resumed its rise in early March and then fell to a lower level again on March 9. Many investors were confused. Should n’t gold be a hedge? Should n’t gold and the stock market rise in the opposite direction? All of this has nothing to do with the shortage of funds in the repo market. The Fed ’s bailout ceiling is far from enough, and then the Fed issued an emergency statement on March 12. "Starting on March 12, 500 billion bailouts will be provided. Tomorrow the Fed will provide another 500 billion three-month repurchase...

Look for growth stocks, and let profits run!

let profits run Due to the recent rapid decline in the global stock market, many investors have suffered severe losses in the books they hold. How much money has been lost? What should I do now? Should the stock be sold immediately? Or wait for it to rebound before selling? I usually ask him, why would you buy stocks? Why do you still hold stocks? Sometimes they will tell me very frankly, because after listening to XX masters, XX experts, XX financial performances, or a friend, a relative, or a neighbor telling them, the stock price is very cheap now, so fast Click to buy, or after the stock has fallen for some time, these people will say that the current stock price is cheaper, and it should be evened down, and it will go up no matter what. If you are holding a lot of stocks in the stock market disaster because of this, you have already suffered heavy losses at this moment. I hope this is the last time you are recruited in the stock market. First, let's look at a practica...

Teladoc stock forecast 2025: Is it time to buy TDOC?

TDOC's performance exceeded expectations. Why did the performance decline after the announcement? Teladoc (TDOC) reported quarterly earnings of US$0.13 per share, which exceeded the consensus estimate of a loss of US$0.57 per share. In the same period last year, it had a loss of US$0.4 per share. The earnings of this financial report far exceeded expectations. In the last quarter, people expected this telemedicine service company to lose 0.25 US dollars per share, but the actual loss per share was 0.27 US dollars, which was not as good as expected at the time. In the past four quarters, TDOC exceeded expectations twice. The management stated that the company's current momentum in various channels and regions should not be underestimated in the conference call. It has raised its annual revenue guidance to 20 million U.S. dollars, which is expected to be between 1.97 billion and 2.02 billion U.S. dollars. In the first quarter, the comp...

4 George Soros advice to investors!

Who is George Soros? George Soros is a Hungarian-born Jewish businessman. It is one of the most influential investors in the world. In 1969, the Double Eagle Fund was established for Arnhold & S. Bleichroeder, an investment management company. In 1973, Soros and his assistant Rogers left Bleichroeder to co-found Soros Fund Management. In 1979, the well-known Quantum Fund was established and continued to make profits. In the Asian financial turmoil in 1997, George Soros sniped the Thai baht and the Hong Kong dollar, which was frightening. Learning from the experiences of successful people can benefit a lot. Here are 4 tips George Soros gave investors. First, to be successful, you must have ample free time. Most people want to be rich, but not everyone realizes the importance of free time. Many people spend a lot of time working to accumulate wealth, sleep, and forget. Set the goal to complete the work indicated by the superior, or the needs of business partners. But they hav...

Barrick Gold stock price soars after Warren Buffett's buys a stake?

Has Buffett bought gold ? Buffett has not changed. Buffett does not want to hold physical gold, but he has never said that he will not buy shares in gold mining companies. Looking at the entire market, there are not many stocks that fit Buffett's trading. And Barrick Gold Company is just one of them. Buffett bought nearly 21 million shares, and the current share value is $563 million. We now look at the underlying logic of Buffett's purchase of Barrick Gold stock. Compared with physical gold ETFs, gold mining companies can respond positively to market conditions. There are financial reports to analyze, With dividends and stock repurchase plans, gold mining companies have the right to reward shareholders through capital return plans. In contrast, the physical gold ETF has no gains. The market generally believes that it is still in the upward cycle of gold prices . The current international environment is one where black swans emerge one after another. While paying att...

Many companies will China close in 2020?

Starting in March, all walks of life in China began to resume work. People stayed at home for more than two months. Many people's moods changed from tension to leisure, and now they are anxious. It's not just the bosses who are anxious. Many employees find that their rents and mortgages are still being paid, the holidays are extended, they can't go to work, and their salaries aren't. Whenever there is no money it is a big problem. More than 700 companies closed down in February, but getting fewer wages is also better than the company suddenly closing down. In February, more than 700 companies have closed down, and this number should be exceeded. Statistics show that more than 55% of catering businesses in China have resumed work, but compared to the same period last year, affected by the epidemic, 78% of catering companies have lost more than 100% of their operating income, and another 16% of them have lost over 70%. This year's sudden outbreak, the impact...

What is the average cost method?

Due to the recent plunge in the global market, I noticed that some people came out to promote an investment method called the fool-style stock disaster investment method. The thinking behind it is similar to other lazy investment methods, or monthly stocks/funds, just to change the saying, I will dismantle the problems behind you one by one. Let you see the risks you need to bear, first look at the logic behind this method. Its approach is this when the market drops 10%, you invest 20% of the funds to buy stock market ETFs when the market drops 20%, you invest another 20% when the market drops 30%, you invest another 20%, And so on. Until the market drops by 50%, you will put all the funds into the market, and when your average cost is equal to the market drops by 30%, you will buy all the funds in the market ETF (that is, All in). It is a kind of average cost method. The principle of this method is that, first, he believes that the maximum decline in the market is about 50%. A...

The thinking of value investing

value investing The epidemic continues to spread, the population of new crown infections keeps growing, and the world's economy is facing a huge cold winter. During this period, the death of black people in the United States even changed from anti-epidemic to protest, and economic and social life has always been difficult to return to the right track. But what is surprising is that the US Nasdaq index has gone out of the V-shaped reversal in just over two months, hitting a record high. Looking at the record, some customers left the market in the stage of the world epic plunge in mid-March, and recently reluctantly added the position back, the difference between the previous one and the next 10-15%, this is almost a return The average return of a good fund manager in a year. Sometimes, we always take a look at ourselves, thinking that we can sell high and sell low to make a difference, and even straighten the stock index line, but in the end, it is a fierce operation, al...

When did the economic bubble burst?

the economic bubble In addition to the recent ups and downs in the stock market, a lot of things have happened in the financial sector, including a series of bail-out measures including major central banks, the liquidity test of the bond market, and even more, terrible data show that even Wall Street hedge funds, everyone Confused about the current situation. The bubble-filled world of financial assets has triggered a domino effect. The Fed experienced a repurchase that began in September 2019. After a shortage of market funds, it has been printing money to save the market. The crazy bailout should be temporary. Until February 14, 2020, the Fed issued a statement saying that it will gradually reduce the bailout to the repo market from 120 billion to 100 billion per day, and will seize the market for 14 days of repurchase from 30 billion to 20 billion. This move may bring liquidity pressure to the market. In turn, it will cause turbulence in the stock market, I did not expect this...

Tesla(TSLA) stock forecast 2025: Ark Invest's valuation model

Ark Invest’s underlying logic and news about the latest Tesla ( TSLA ) valuation Let’s take a look at how Ark Invest’s Cathie Wood views the stock market that is currently rotating. Ark Invest’s underlying logic and news about the latest Tesla ( TSLA ) valuation. Ark Invest's underlying logic, Next is what Cathie Wood said in an interview with Bloomberg. "We have been paying attention to the fluctuation of stock prices, but our investment period is 5 years. When we experience a callback like this, the fund sector rotates very fast. I am very happy that the bull market is now expanding to other types of stocks. In 2016 At the end of the year, the share price of value stocks took off, and they were far away from growth stocks. Whenever I saw such a signal, I would say: Very good! This shows that the funds of the bull market are spreading to other stocks. This is good news. Over time, we have concentrated on investing in stocks that are particularly promising in our portfolio. Th...

FinanceLinkway

Search This Blog