Mizuho

Coinbase logo on a laptop computer (Piggybank/Unsplash)
Coinbase to Face ‘Reality Check’ as Retail FOMO Is Fading, Mizuho Says
In a break with historical norms, the exchange’s volumes continue to fall even as the bitcoin price has risen, suggesting disengagement by retail customers, the report said.
Coinbase logo on a laptop computer (Piggybank/Unsplash)

PARIS, FRANCE - FEBRUARY 26: In this photo illustration, the Coinbase cryptocurrency exchange logo (C) is seen on the screen of an iPhone on February 26, 2021 in Paris, France. Cryptocurrency trading platform Coinbase has filed for registration with the SEC on Thursday for an IPO via direct listing on the Nasdaq and will likely be the largest IPO of the year. Coinbase reported $ 1.28 billion in revenue in 2020 (+ 140% year on year), for net profit of $ 320 million. (Photo illustration by Chesnot/Getty Images)
Mizuho Cuts Crypto Exchange Coinbase to Underperform, Trims Price Target
The bank’s analysis shows that 2023 revenue estimates for the crypto exchange are overly optimistic.
PARIS, FRANCE - FEBRUARY 26: In this photo illustration, the Coinbase cryptocurrency exchange logo (C) is seen on the screen of an iPhone on February 26, 2021 in Paris, France. Cryptocurrency trading platform Coinbase has filed for registration with the SEC on Thursday for an IPO via direct listing on the Nasdaq and will likely be the largest IPO of the year. Coinbase reported $ 1.28 billion in revenue in 2020 (+ 140% year on year), for net profit of $ 320 million. (Photo illustration by Chesnot/Getty Images)

Bank of England Hikes Rates to 2.25%; Jack Dorsey’s Block Slapped With Downgrade on Bitcoin Sentiment
Bank of England Hikes Rates to 2.25%; Jack Dorsey’s Block Slapped With Downgrade on Bitcoin Sentiment
The Bank of England raised its benchmark interest rates by 50 basis points (bps) to 2.25% in a continued fight against inflation. Plus, investment bank Mizuho downgraded shares of Jack Dorsey’s payments company Block to neutral from buy.
Bank of England Hikes Rates to 2.25%; Jack Dorsey’s Block Slapped With Downgrade on Bitcoin Sentiment

(Robert Nickelsberg/Getty Images)
Coinbase’s NFT Strategy Questioned by Mizuho Analyst
Dan Dolev is skeptical about the exchange getting into the NFT business at this time, citing a decline in NFT internet searches.
(Robert Nickelsberg/Getty Images)

paypal, venmo, hq
Mizuho Analyst: Bitcoin Will Make PayPal 'Center of People's Financial Lives'
Mizuho sees bitcoin not as a source of revenue itself, "but as a vehicle to boost engagement on the app," and that could drive revenue growth.
paypal, venmo, hq

Mizuho
Mizuho Financial's Blockchain Lead Is Leaving the Firm
The blockchain lead at Mizuho Financial Group has revealed he is leaving the firm for a new role in Singapore.
Mizuho

shipping, container
Hitachi and Mizuho Strike Deal for Blockchain Supply Chain
Mizuho Financial Group is partnering with Japanese tech conglomerate Hitachi to develop a blockchain platform for supply chain management.
shipping, container

Mizuho
Mizuho Completes Blockchain Trade Finance Trial
Japanese banking group Mizuho has released the results of a blockchain experiment focused on trade finance.
Mizuho

cargo ship 3 crop
Fresh Off Funding, R3 Moves Corda Toward Critical Pilot
With over $100m in funding, distributed ledger consortium R3 is setting its sights on moving critical projects to pilot.
cargo ship 3 crop

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Mizuho Completes Blockchain Recordkeeping, Digital Currency Trials
Japanese banking group Mizuho announced today the completion of two new blockchain trials.
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