Mizuho Securities' Assessment of Coinbase

Rather than buying Coinbase, invest directly in Bitcoin - 2021

With FTX bankruptcy, the crypto market is over; investing in Coinbase is a waste of time - 2022

Even if Bitcoin price rises, Coinbase won't benefit - early 2023

For Coinbase, the spot ETF is a Pyrrhic victory - 2024

July 30, 2024: Coinbase bearish outlook

Coinbase price target lowered