Barclays Analysts Upgrade Investment Case for Coinbase and Robinhood Amid Positive Regulatory Outlook

Quick Summary:

Barclays Bank has issued an updated report upgrading the investment ratings for both Coinbase (COIN) and Robinhood (HOOD), citing product expansion, a maturing market, and an improved regulatory environment.

In a report cited by CoinDesk, Barclays analysts highlighted the growing strength of both platforms, along with the U.S.

In a report cited by CoinDesk, Barclays analysts highlighted the growing strength of both platforms, along with the U.S.political landscape becoming more favorable toward the cryptocurrency industry.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Latest News Barclays

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-07 @ 02:53:18 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 941 words

Reading Time: 6 minutes read

Sentences: 38 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22395577

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 5 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 15 hours ago

Coverage Areas: India

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Publisher ID: #121

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