Coinbase Global, Inc. (COIN) is a prominent financial infrastructure and technology provider for the crypto-economy worldwide. This company could benefit from the growing crypto market, with revenue projected to reach $37.87 billion this year.
However, top cryptocurrencies face regulatory pressures and have pulled back from their 2023 highs, with Bitcoin prices dropping below $28,000 in May. Jonathan Shiery, partner at Guidehouse Financial Services, believes that regulatory crackdown will continue to cloud the market in June.
