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Coinbase is Highly Undervalued if Crypto is Here to Stay, John Deaton Asserts

By Qadir AK at 2026-05-08 04:24

Sentiment: Positive

The post Coinbase is Highly Undervalued if Crypto is Here to Stay, John Deaton Asserts appeared first on Coinpedia Fintech News Coinbase Global Inc. (NASDAQ: COIN), a leading cryptocurrency exchange with cash reserves exceeding $5.32 billion as of Q1 2023, has witnessed a remarkable rally in its stock market, surging over 72 percent year-to-date (YTD) to trade at approximately $61.21 on Thursday. This surge in first-quarter profits can primarily be attributed to the increasing market share … Continue reading...

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