Miners Marathon and Stronghold have more upside than competitors, analyst says
The firm has an ultra-bullish take on Coinbase and forecasts crypto could have a $6.8 trillion market cap.
Goldman Sachs and Compass Point give Coinbase (COIN) second quarter earnings estimates, Compass Point gives neutral rating.
No sign of Chinese miners relocating yet, which is fine for Riot Blockchain Inc. and Marathon Digital — two of North America’s largest miners.
Voyager’s zero-commission trading model, broad array of crypto trading pairs and large number of coins gives it a stronger value proposition than competitors like Coinbase, Square and PayPal, Compass Point senior analysts Michael Del Grosso and Chris Allen wrote in a June 20 research note.