Charles Hoskinsonfounder of Cardano ADA/USD and co-founder of ether ETH/USDis upset about it coinbases COIN latest report that doesn’t even mention ADA.

What happened?: A recent report by Coinbase: “2023 Crypto Market Outlook” presents three key themes likely to prevail in 2023 and updates on them Bitcoin BTC/USD, ether, regulationand more.

Hoskinson tweeted his disappointment on Coinbase, stating that he “expected better.”

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Coinbase believes that with factors like strong tokenomics, robust ecosystems, and ample liquidity, investors will move to higher-quality digital assets like Bitcoin and Ethereum.

According to the crypto exchange, deleveraging in 2022 has severely reduced investor appetite for altcoin accumulation, and full recovery may take months. Additionally, the future of digital assets depends on the development of standards and frameworks for regulated entities, suggesting that the next digital asset market cycle will be largely driven by these regulatory actions.

This comes at a time when Dogecoins DOGE/USD Outperformed Coinbase in terms of market cap as the “crypto winter” caused stock prices to plummet listed companys.

price action: At the time of writing, ETH was trading at $1,213, down 3.36%. ADA has traded at $0.25 over the past 24 hours, down 0.28%. according to Benzinga Pro.

Continue reading: Bitcoin, Ethereum, Dogecoin spike after Bank of Japan pivot: Trader says this could be a ‘massive’ trigger for a relief run