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S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures
Coinbase Global sees its credit rating downgraded by S&P Global amid regulatory pressures, weakened market performance and competitors.
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Moody’s downgrades Coinbase due to bear: Warns it may not be the last
Moody’s said further downgrades could follow if Coinbase doesn’t diversify from its current revenue model or it’s unable to turn a profit even in a prolonged bear market.
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El Salvador’s credit rating could take hit amid Bitcoin adoption warns S&P Global
S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating.
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New Weiss Ratings for Cryptocurrencies Award No “A”s and Score Bitcoin a C+
Financial ratings agency Weiss has just released its much-hyped cryptocurrency review. The eagerly-anticipated report rates 74 of the most popular cryptocurrencies on the market, scoring them from A to D. Such was the level of interest in the report, the company’s website was knocked offline as interest peaked on Wednesday morning. Weiss Ratings include some […]
The post New Weiss Ratings for Cryptocurrencies Award No “A”s and Score Bitcoin a C+ appeared first on Bitcoin News.
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