Moody's downgrades Coinbase citing 'uncertain magnitude' of SEC charges
Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as "uninvestable" in the near term.
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Goldman Sachs downgrades Coinbase stock to ‘sell’
The United States cryptocurrency exchange has seen its stock price plunge in lockstep with Bitcoin, Ether and the broader digital asset market.
Moody’s downgrades Coinbase due to bear: Warns it may not be the last
Moody’s said further downgrades could follow if Coinbase doesn’t diversify from its current revenue model or it's unable to turn a profit even in a prolonged bear market.