Coinbase downgraded at Morgan Stanely; price target slashed 53% on weak earnings outlook

Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery.
This story was originally published by CoinDesk.

Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery.
This story was originally published by CoinDesk.
The Claude developer generated $17 billion in quarterly revenue, but higher computing costs resulted in a $567 million operating loss.
T7X records ownership directly on-chain instead of wrapping assets held elsewhere, keeping token and asset under one legal framework.
TL;DR Animoca announced the ADGM permission on November 2. The fund-management permission took effect on October 13 and excludes retail clients. Individual fund terms and investment exposure remain…
The upgrade opens with a new brand identity and mascot, BENIE, and will extend to the product experience and user engagement in the stages that follow. November 2, 2026 — Bitbase, a digital asset…
The upgrade opens with a new brand identity and mascot, BENIE, and will extend to the product experience and user engagement in the stages that follow. Bitbase, a digital asset exchange serving users…
TL;DR: Kraken Prop has added six commodity markets and reduced non-crypto commissions on most plans. Participants submit simulated trade signals; they do not own the underlying commodity positions…