Cardano Founder Hoskinson Critiques Ripple CEO for Not Opposing Crypto Bill
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2026
0mins
Should l Buy COIN?
Source: Benzinga
- Fierce Criticism: Cardano founder Charles Hoskinson lambasted Ripple CEO Brad Garlinghouse during a livestream for failing to firmly oppose the current cryptocurrency market structure bill, which he believes favors banks and financial incumbents at the expense of decentralized finance.
- Call for Freedom: Hoskinson emphasized that he did not sign up to hand the 'revolution' to banks, stating, 'I signed up for freedom,' and sarcastically dismissed Garlinghouse's 'better than chaos' argument as akin to handing control back to anti-cryptocurrency advocates.
- Coinbase Withdrawal: Coinbase Global Inc. withdrew its support for the cryptocurrency market structure bill just hours before lawmakers were set to vote, resulting in an indefinite postponement of the bill's markup, reflecting widespread dissatisfaction within the market.
- Pressure on White House Official: Hoskinson called for the resignation of White House cryptocurrency czar David Sacks, blaming him for failing to prevent Trump from launching ventures that hindered the passage of cryptocurrency bills, highlighting industry frustration with policymakers.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy COIN?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COIN is 361.63 USD with a low forecast of 230.00 USD and a high forecast of 440.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 162.510
Low
230.00
Averages
361.63
High
440.00
Current: 162.510
Low
230.00
Averages
361.63
High
440.00
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the cryptoeconomy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. Its platform helps people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and global transfers. It offers products and services to various customer groups: individuals, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime Trading, markets, base protocol and Coinbase wallet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Coinbase Q4 Earnings Preview: Analysts Expect Decline
- Earnings Release Announcement: Coinbase Global, Inc. is set to release its fourth-quarter earnings after the market closes on February 12, with analysts projecting earnings per share of $1.05, a significant drop from $3.39 in the same quarter last year, indicating profitability challenges for the company.
- Revenue Expectations Decline: The anticipated quarterly revenue for Coinbase is $1.84 billion, down from $2.27 billion a year earlier, reflecting the adverse impact of a sluggish cryptocurrency market on the company's performance.
- Historical Performance Review: Coinbase has beaten revenue estimates in seven of the last ten quarters, including a strong performance in the most recent third quarter; however, the current expectations suggest a weakening growth momentum.
- Stock Price Fluctuation: Coinbase shares fell 5.7% to close at $153.20 on Wednesday, indicating market caution ahead of the earnings report, which may affect investor confidence.
See More
Coinbase Q4 Earnings Expected to Decline Amid Market Challenges
- Earnings Announcement: Coinbase is set to release its Q4 earnings on February 12 after market close, with analysts projecting a revenue decline, estimating EPS at $0.99 and revenue at $1.84 billion, down 18.9% year-over-year.
- Market Expectation Adjustments: Over the last three months, EPS estimates have seen one upward revision and six downward revisions, while revenue estimates have experienced two upward and fourteen downward revisions, indicating cautious market sentiment regarding the company's short-term performance.
- Industry Challenges Intensify: With Robinhood and Bullish reporting disappointing revenues and Michael Saylor's firm posting significant losses, the overall cryptocurrency market faces severe challenges, leading to expectations that Q4 will be a tough quarter for most crypto-linked companies.
- Long-Term Outlook Remains Positive: Despite short-term pressures, analysts maintain an optimistic view on Coinbase's long-term growth prospects, highlighting the ongoing growth in stablecoins and management's efforts towards tokenization as key factors supporting future business development.
See More
Stock Movers: Cisco, AppLovin, Micron, Fastly, Equinix, Rollins, Novocure, and Others
- Stock Market Trends: Stock futures were rising on Thursday as investors reacted to recent economic data.
- Economic Data Impact: The rise in stock futures comes in the wake of a delayed U.S. monthly jobs report and other economic indicators.
See More
US Stock Market Close and Employment Data Analysis
- Strong Employment Data: US nonfarm payrolls for January increased by 130,000, surpassing expectations of 65,000, indicating labor market stability, while the unemployment rate unexpectedly fell by 0.1% to 4.3%, which is likely to have a positive impact on economic recovery.
- Interest Rate Expectations Shift: Following the robust employment report, the market's expectation for a Fed rate cut next month dropped from 23% to 6%, with the 10-year T-note yield rising by 3 basis points to 4.17%, reflecting a cautious outlook on future monetary policy.
- Mixed Market Performance: The S&P 500 closed unchanged, the Nasdaq 100 rose by 0.29%, while the Dow Jones Industrial Average fell by 0.13%, highlighting a contrast between strong tech stock performance and weakness in software stocks.
- Optimistic Earnings Outlook: Over 78% of the 335 S&P 500 companies that reported earnings exceeded expectations, with Q4 earnings growth projected at 8.4%, indicating that sustained corporate profitability will support long-term stock market gains.
See More
Stocks Close Steady Following Robust Jobs Data
Market Movement: The S&P 500 attempted to reach the 7,000 mark during trading.
End of Day Status: Despite the early gains, the index closed the day at its starting point.
See More
Amazon Stock Faces Seventh Straight Loss Amid Market Volatility
- Amazon Stock Decline: Amazon has experienced its seventh consecutive day of losses, with a total drop of 16% during this streak, marking its worst seven-day performance since November 2022; another decline on Thursday would tie its longest losing streak since 2019, indicating market concerns about its future performance.
- McDonald's Earnings Beat: McDonald's reported earnings and revenue that exceeded analyst expectations, driven by its value strategy that successfully attracted customers, with shares just 2% shy of their all-time high, although it is set to end a five-week winning streak, reflecting market confidence in its growth potential.
- Strong Energy Sector Performance: The energy sector has emerged as the best-performing industry this year, up over 20%, with the State Street Energy Select Sector SPDR ETF (XLE) hitting an all-time high on Wednesday, while ExxonMobil and Chevron reached new highs, showcasing investor optimism in the energy market.
- Coinbase Faces Challenges: Coinbase is set to report earnings after the bell, but its stock has been battered amid the crypto meltdown, plunging more than 60% from its record close in July and on track for a fourth straight losing month, the longest streak since 2022, reflecting market concerns about its profitability.
See More
Coinbase Q4 Earnings Preview: Analysts Expect Decline
- Earnings Release Announcement: Coinbase Global, Inc. is set to release its fourth-quarter earnings after the market closes on February 12, with analysts projecting earnings per share of $1.05, a significant drop from $3.39 in the same quarter last year, indicating profitability challenges for the company.
- Revenue Expectations Decline: The anticipated quarterly revenue for Coinbase is $1.84 billion, down from $2.27 billion a year earlier, reflecting the adverse impact of a sluggish cryptocurrency market on the company's performance.
- Historical Performance Review: Coinbase has beaten revenue estimates in seven of the last ten quarters, including a strong performance in the most recent third quarter; however, the current expectations suggest a weakening growth momentum.
- Stock Price Fluctuation: Coinbase shares fell 5.7% to close at $153.20 on Wednesday, indicating market caution ahead of the earnings report, which may affect investor confidence.
See More
Coinbase Q4 Earnings Expected to Decline Amid Market Challenges
- Earnings Announcement: Coinbase is set to release its Q4 earnings on February 12 after market close, with analysts projecting a revenue decline, estimating EPS at $0.99 and revenue at $1.84 billion, down 18.9% year-over-year.
- Market Expectation Adjustments: Over the last three months, EPS estimates have seen one upward revision and six downward revisions, while revenue estimates have experienced two upward and fourteen downward revisions, indicating cautious market sentiment regarding the company's short-term performance.
- Industry Challenges Intensify: With Robinhood and Bullish reporting disappointing revenues and Michael Saylor's firm posting significant losses, the overall cryptocurrency market faces severe challenges, leading to expectations that Q4 will be a tough quarter for most crypto-linked companies.
- Long-Term Outlook Remains Positive: Despite short-term pressures, analysts maintain an optimistic view on Coinbase's long-term growth prospects, highlighting the ongoing growth in stablecoins and management's efforts towards tokenization as key factors supporting future business development.
See More
Stock Movers: Cisco, AppLovin, Micron, Fastly, Equinix, Rollins, Novocure, and Others
- Stock Market Trends: Stock futures were rising on Thursday as investors reacted to recent economic data.
- Economic Data Impact: The rise in stock futures comes in the wake of a delayed U.S. monthly jobs report and other economic indicators.
See More
US Stock Market Close and Employment Data Analysis
- Strong Employment Data: US nonfarm payrolls for January increased by 130,000, surpassing expectations of 65,000, indicating labor market stability, while the unemployment rate unexpectedly fell by 0.1% to 4.3%, which is likely to have a positive impact on economic recovery.
- Interest Rate Expectations Shift: Following the robust employment report, the market's expectation for a Fed rate cut next month dropped from 23% to 6%, with the 10-year T-note yield rising by 3 basis points to 4.17%, reflecting a cautious outlook on future monetary policy.
- Mixed Market Performance: The S&P 500 closed unchanged, the Nasdaq 100 rose by 0.29%, while the Dow Jones Industrial Average fell by 0.13%, highlighting a contrast between strong tech stock performance and weakness in software stocks.
- Optimistic Earnings Outlook: Over 78% of the 335 S&P 500 companies that reported earnings exceeded expectations, with Q4 earnings growth projected at 8.4%, indicating that sustained corporate profitability will support long-term stock market gains.
See More
Stocks Close Steady Following Robust Jobs Data
Market Movement: The S&P 500 attempted to reach the 7,000 mark during trading.
End of Day Status: Despite the early gains, the index closed the day at its starting point.
See More
Amazon Stock Faces Seventh Straight Loss Amid Market Volatility
- Amazon Stock Decline: Amazon has experienced its seventh consecutive day of losses, with a total drop of 16% during this streak, marking its worst seven-day performance since November 2022; another decline on Thursday would tie its longest losing streak since 2019, indicating market concerns about its future performance.
- McDonald's Earnings Beat: McDonald's reported earnings and revenue that exceeded analyst expectations, driven by its value strategy that successfully attracted customers, with shares just 2% shy of their all-time high, although it is set to end a five-week winning streak, reflecting market confidence in its growth potential.
- Strong Energy Sector Performance: The energy sector has emerged as the best-performing industry this year, up over 20%, with the State Street Energy Select Sector SPDR ETF (XLE) hitting an all-time high on Wednesday, while ExxonMobil and Chevron reached new highs, showcasing investor optimism in the energy market.
- Coinbase Faces Challenges: Coinbase is set to report earnings after the bell, but its stock has been battered amid the crypto meltdown, plunging more than 60% from its record close in July and on track for a fourth straight losing month, the longest streak since 2022, reflecting market concerns about its profitability.
See More
