The crypto winter is over, says the New York investment bank HC Wainwright

Von Krypto News Österreich

“After all, we consider Coin as a scarce good, since Coinbase is the only listed crypto-native company in the United States with a market capitalization of over $ 10 billion, which means that the competition for investor capital in view of the current regulatory environment is extremely limited. will. "

In addition, Colonnese believes that there is no time for investors who want to get on the market to take part in the campaign and lead a price drop of 85 % since coins ATH. Coin is currently rated $ 40 per share. However, Colonnese claimed that the share price could increase to $ 75 in the near future, provided that everything run according to plan.

The analysis of the possible future performance of Coinbase also takes into account the recent SEC actions against various cryptoplatt forms. However, Colonnese states that the SEC generally acts against staking services that are offered by financial service providers. Fortunately for Coinbase, the stake last year only made 3 % of its sales.

Bull Run supposedly on the horizon

Colonnese continues to underpin his argument by shaping current Bitcoin growth diagrams and concludes that the price of the financial value not only seems to have stabilized, but has taken an upward trend. The crypto markets in turn-which are still heavily dependent on the value of BTC-have risen by up to 45 % since last year, when the crypto winter had already entered.

Although the market shows signs of relaxation, it is important to note that unfavorable developments can come out of the left field at any time - and even a false alarm can trigger a sale that could deter new investors. The golden rule still applies - before every investment, do your own research.

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