Stock Markets34 minutes ago (Dec 20, 2021 11:30AM ET)
While connectivity issues need to be addressed, a bold venture into virtual worlds should boost investors’ confidence in Coinbase Global (NASDAQ:COIN) stock.Popular cryptocurrency trading platform Coinbase Global COIN> makes the world of crypto investing easily accessible. However, just because the platform is popular, this doesn’t mean that Wall Street is enamored with COIN stock right now.
Indeed, the stock has fallen under major selling pressure lately. When the tide of sentiment turns negative, though, that’s when contrarians should consider making a move.
Not that there aren’t risks involved – it’s always a perilous journey in the crypto-verse. As we’ll see, Coinbase still has some technical issues which require attention.
Log Onto a Metaverse-Facing Crypto Platform with Coinbase Global
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