The post Coinbase’s Share Prices Soar 24%, But Experts Warn of “Overblown Optimism” appeared first on Coinpedia Fintech News
US-based crypto exchange Coinbase experienced a remarkable surge in its share prices on Thursday, skyrocketing by over 24%. This sudden increase came in response to a U.S. District Court ruling that stated Ripple Labs’ XRP token should not be classified as a security. However, financial experts at investment bank Berenberg caution that investors’ exuberant reaction …