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. Go to Source Powered by WPeMatico

Weiss Ratings Backtracks After Tipping Ethereum to Beat Bitcoin

Weiss, the financial ratings agency that recently took a shine to cryptocurrency, has caught flak over its latest claim. After Weiss Ratings issued a tweet predicting BTC to lose 50% of its market share to ETH, the firm was forced to backtrack in the face of widespread scorn. It’s not the first time Weiss has … Read more