Analysts “Encouraged” by Coinbase Layoffs Showing Company Is Financially Disciplined

Analysts "Encouraged" by Coinbase Layoffs Showing Company Is Financially Disciplined

In the meantime, asset supervisor Needham, who expects COIN to commerce at $73 by 12 months’s finish and holds the stake at buy-grade, wrote in a be aware Tuesday that the corporate’s headcount discount was a “obligatory step” given the unsure quantity image. However he stated traders must be cautious in regards to the continued repercussions of FTX’s collapse.

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