April 24, 2025
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S&P downgrades Coinbase and maintains negative outlook
Blockchain

S&P downgrades Coinbase and maintains negative outlook

  • by Sandra
  • August 12, 2022

S&P Global downgraded the institutional rating of the Coinbase bitcoin exchange from ‘BB+’ to ‘BB’ and maintained the outlook as ‘negative’. CoinDesk writes about it. Analysts justified the “weak revenues and competitive

Moody’s Downgrades Coinbase Bonds
Blockchain

Moody’s Downgrades Coinbase Bonds

  • by Sandra
  • June 24, 2022

Moody’s downgrades the Coinbase bitcoin exchange from “Ba2” to “Ba3” and further downgrades it. Analysts explained the move with negative market conditions for cryptocurrencies. Coinciding with the issuer’s default rating decision, the