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MarketPublished by KAS Watch · November 03, 2026

Coinbase Faces 50% Price Target Cut Amid Slower Activity

Morgan Stanley lowered its rating and price target on Coinbase due to slowing trading activity and fallout from the Binance hack. These factors are currently clouding the platform's revenue prospects.

Why it matters for the market

Changes in major exchange valuations may influence broader crypto market sentiment and liquidity conditions. Any potential relevance to Kaspa remains indirect and requires careful observation.

Original source

Cointelegraph
Source publication · November 02, 2026 · 1 verified source
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CoinbaseMorgan StanleyBinancemarket
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