Is Now The Right Time To Buy Coinbase Shares?

Coinbase Global Inc (NASDAQ:COIN) shares are down by nearly 90% from last year’s peak. The slide in the share price of the leading crypto platform accelerated after the easings contained a warning of the risk to customers’ crypto holidays in the (unlikely) event of the company’s bankruptcy. Q1 2022 hedge fund letters, conferences and more There was talk of users moving their crypto assets away from their Coinbase accounts to hardware wallets, or physical storage devices as a result. “Because custodially held crypto assets may be considered to be the property of a bankruptcy estate, in the even…

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