Moody's Downgrades Coinbase Outlook to 'Negative'
Rating agency Moody's has downgraded its rating on Coinbase to B2 and its senior debt rating to B1, with the outlook revised from 'stable' to 'negative'. Moody's explained that the SEC's charges against Coinbase have had an uncertain impact on Coinbase's business model and cash flows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Bitcoin Poised to Reach $125,000 Based on Short-Term Holder Cost Basis
U.S. Spot Ethereum ETFs Saw Net Inflow of $6.22 Million Yesterday
Solana Ecosystem Advisor Nikita Bier Joins X as Head of Product
Data: Bitcoin rose 31.41% in the second quarter
Trending news
MoreCrypto prices
More








