Coinbase’s earnings have Wall Street wondering if the crypto firm is being overly optimistic or misunderstood – CNET – ApparelGeek
Coinbase Global Inc. executives remain optimistic about the long-term promise of their cryptocurrency platform, but admitted on Tuesday that current challenges in the crypto market are likely to persist. After posting a loss of $1.1 billion in the last quarter amid declining volumes and active user counts, Coinbase COIN,+7.73%predicted that volumes and monthly users transacting … Read more