Express

Coinbase: ETH Could See "Unexpected Gains" In Coming Months

Mary Liu

Summary: Ethereum has lagged the broader cryptocurrency market this year, but its long-term positioning remains strong and a surprise upside potential is possible, Coinbase (COIN) said in a research note on Wednesday.  “Ethereum could see unexpected gains in the coming months,” the report said, noting that the cryptocurrency does not have “major sources of supply-side excess,” ...

Ethereum has lagged the broader cryptocurrency market this year, but its long-term positioning remains strong and a surprise upside potential is possible, Coinbase (COIN) said in a research note on Wednesday. 

“Ethereum could see unexpected gains in the coming months,” the report said, noting that the cryptocurrency does not have “major sources of supply-side excess,” such as pressure from token unlocks or miner sales.

Last Update:

Tags: ,
Link: Coinbase: ETH Could See "Unexpected Gains" In Coming Months   [Copy]
Next:

Related Articles

  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 3 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 4 days ago
  • Trump Adviser's "Whale Debut" with $680M Bitcoin Bet Faces Early Losses 5 days ago
  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 7 days ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 8 days ago

    • You need to login to comment.