Dr Macro Metzler was a little-known German credit analyst, until 2021 when he became one of the first financial experts to publicly raise doubts about the solvency of China Evergrande.
As Coinbase stock (NASDAQ: COIN) plunged to a new all-time-low this week, a veteran credit market analyst has revealed he believes the cryptocurrency exchange could be heading toward "what looks to be insolvency".
In the wake of some of the most challenging economic conditions seen in decades, China's middle class is demonstrating a level of defiance that has arguably never been seen in the country's modern history.