H.C. Wainwright, a renowned financial bank based in New York City,  recently announced that their analysis has determined the end of the  “crypto winter.”

The bank recently initiated coverage of American crypto-exchange  Coinbase with a “Buy” recommendation, noting the strong potential for  growth in the global crypto market. Current conditions indicate that  Coinbase has a favorable outlook on future profits.

On April 26th, Wainwright analyst Mike Colonnese in a note to investors  about the increasing price of Bitcoin. He noted that since the start of  the year, Bitcoin had seen an increase of 67%, which in turn caused a 45% boost in crypto asset prices as a whole.