Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMo | • CRYPTO NEWS • #BTC • #ETH •
Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says
America’s largest bank, JPMorgan (JPM), said the Ethereum network and its token ether (ETH) could be a notable contributor to the wider cryptocurrency ecosystem and a positive driver of Coinbase (COIN) earnings. JPMorgan, while maintaining its neutral rating, raised its price target for Coinbase to $150 from $95 to reflect the crypto market rally and the positive impact that ether has had on the exchange’s revenue.
