2024-05-15 16:45:04 ET
Summary
- Coinbase experiences a global outage and I see this as a bullish signal.
- Q1 earnings show record growth in revenues and net income and I expect this to continue.
- Technical analysis suggests bullish outlook for Coinbase, but competition and market cyclicality pose risks.
Thesis Summary
Coinbase ( COIN ) is making headlines today as the crypto exchange recently suffered a global outage , which seems to be resolved for the time....
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Coinbase Outage Is Incredibly Bullish