Coinbase is set to launch prediction markets amid concerns over potential cannibalization of its core crypto trading revenue, as highlighted by a Mizuho SecuritiesCoinbase is set to launch prediction markets amid concerns over potential cannibalization of its core crypto trading revenue, as highlighted by a Mizuho Securities
Mizuho Flags Potential Cannibalization in Coinbase’s Prediction Markets Amid Bitcoin Dip
Coinbase is set to launch prediction markets amid concerns over potential cannibalization of its core crypto trading revenue, as highlighted by a Mizuho Securities survey. While 37% of users plan to fund bets with new deposits, analysts warn of softer sales growth, adjusting the stock price target to $280. Mizuho survey reveals 50% of Robinhood [...]
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