# Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts
” Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts “ Cryptocurrency exchange Coinbase won’t escape from the profitability challenges it will face from the crypto market downturn, despite having a strong brand and credibility in the crypto market, according to investment analysts. Credit rating firm Moody’s released a note on Coinbase on…