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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Weiss Ratings Backtracks After Tipping Ethereum to Beat Bitcoin
Weiss, the financial ratings agency that recently took a shine to cryptocurrency, has caught flak over its latest claim. After Weiss Ratings issued a tweet predicting BTC to lose 50% of its market share to ETH, the firm was forced to backtrack in the face of widespread scorn. It’s not the first time Weiss has […]
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