Coinbase and Gemini Expand Services, Investors Divided on Future Prospects
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Coinbase Strategic Shift: Coinbase is aiming to become a full-fledged financial platform by offering 24/7 stock trading, crypto futures, and payment systems; despite current slow crypto trading, analysts believe its long-term value is underestimated, potentially leading to more stable revenue streams in the future.
- Gemini Innovative Expansion: Gemini has launched a prediction market and payment card, with research indicating that approximately 50% of card users eventually transition to exchange users, suggesting that its new business model may drive user growth and enhance market competitiveness.
- Market Outlook Divergence: Mizuho Securities maintains a neutral rating on Coinbase, noting that its stock closely tracks Bitcoin prices and heavily relies on retail trading fees, although potential benefits from market volatility and interest income are acknowledged.
- Analyst Opinion Differences: While some analysts are optimistic about Gemini's international expansion and user growth, they caution that market volatility and regulatory changes could pose risks, highlighting a significant divide in views on the future of crypto exchanges.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
