According to CoinDesk, British banking giant Barclays has raised the ratings of cryptocurrency exchange Coinbase (COIN) and online brokerage Robinhood (HOOD) from "underweight" to "neutral", citing that the two companies have better business models. Barclays analyst Benjamin Budish believes that both companies have "significantly matured", particularly due to their product expansion and more positive financial outlook.

Barclays' report points out that, given the increasingly friendly stance of both US presidential candidates towards the digital asset industry and the approval of multiple cryptocurrency spot exchange traded funds (ETFs), Coinbase can particularly benefit from a more favorable regulatory environment. The analyst wrote:

Although we still see risks facing Coinbase, we believe that the improved environment, profit and loss situation, gradual and sustained diversification, clear industry leadership position in the United States, and recent stock price performance all point to a more balanced risk/reward, so we have adjusted it to 'neutral'

The report points out that although the cryptocurrency industry has experienced many challenges in the past two years, Coinbase has continued to demonstrate resilience. Budish praised the company for effectively maintaining low costs, especially those related to employees, despite the growth in activities in 2024. He also mentioned the diversification of Coinbase's revenue sources, although most of the revenue still relies mainly on transaction fees and interest income, the exchange has begun to see other areas of business becoming meaningful sources of contribution, including in memory blockchain rewards, custody income, and other transaction fees.

However, analysts warn that although many things about Coinbase seem to be moving in the right direction, there is still uncertainty in the field, including a broader macroeconomic environment and unclear regulation, involving whether several assets belong to securities, and the Securities and Exchange Commission's (SEC) unresolved lawsuit against Coinbase.

The analyst also believes that there is a similar positive development in Robinhood's business model, which may bring about future upside potential. The main factors for his positive stance include new products, Robinhood's expansion in the UK and Europe, and the acquisition of new potential customers from Bitstamp.

Barclays said, "The factors that prompted us to make a downgrade rating are gradually improving, and we now believe that the risk/return ratio of these two stocks is more balanced

(责任编辑：黄金TD)

• ·跨年税控盘全额抵扣分录怎么做
• ·Sei Labs 发布 Sei Giga 白皮书：首个人工多提案者 EVM Layer 1 区块链
• ·申报收入额和实际工资不符可以吗
• ·什么是区块链钱包-什么是区块链钱包,它安全吗
• ·Can CZ return to the helm of Binance after serving his sentence at the end of the month?
• ·元宝币是什么时候 元宝币是什么时候发行的
• ·光大银行信用卡过度提现会封卡吗，还有什么操作会封卡啊？
• ·什么比特币最火
• ·加密货币交易员称以太坊即将迎来重大变革——以下是他的目标
• ·Wall Street Ponke 推出 AI 工具和学习中心，数小时内筹集超过 30 万美元
• ·Magic Eden 与 Spark 合作，推出快速且低成本的比特币原生结算服务
• ·公积金贷款评级查询是什么？怎么查询呢？
• ·什么是台风是什么灾害-什么是台风?
• ·火币费率
• ·a股票高手-股市高手
• ·火币合约