Coinbase has received its second 'buy' rating in a week, this time from Bank of America. The upgrade is reportedly due to reversing short interest and tax-loss harvesting. Simultaneously, Coinbase is expanding its focus to bring the financial system onchain, according to reports. The development suggests a positive outlook for the cryptocurrency exchange as it navigates market dynamics and explores new technological avenues.

Coinbase has received its second 'buy' rating in a week, this time from Bank of America. The upgrade is reportedly due to reversing short interest and tax-loss harvesting. Simultaneously, Coinbase is expanding its focus to bring the financial system onchain, according to reports. The development suggests a positive outlook for the cryptocurrency exchange as it navigates market dynamics and explores new technological avenues.