Coinbase Analysts Remain Positive Ahead of Q2 Earnings Despite Regulatory Uncertainties
Crypto trading platform Coinbase is poised for better-than-expected, Q2 earnings despite ongoing legal pressure against the firm and other industry giants, analysts say. Consensus estimates from the financial data compan...
Consensus estimates from the financial data company FactSet call for revenues to decline to $629 million, down from $773 million in the prior quarter. This is expected to come on the back of lower trading volume during that same period, projected at $114 million versus $145 million in Q1....
Read More: Coinbase Analysts Remain Positive Ahead of Q2 Earnings Despite Regulatory Uncertainties
Original source
Read on CryptonewsRelated market context
Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks
TL;DR Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins. The report estimates t...
EDG faces FUT in first match at Masters London Playoffs as Coinbase partnership puts crypto in front of millions
The partnership between Coinbase and Riot Games at Masters London could accelerate mainstream crypto adoption through esports inte...
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency...
Coinbase quantum report flags exchange cold wallets among millions of bitcoin exposed by address reuse
The report lays out possible solutions to the abandoned coins problem, such as setting a deadline for migration and then freezing...
Deribit Analysts Say Wall Street Has Reshaped Bitcoin Volatility And Liquidity
TL;DR Deribit Insights says Wall Street participation has changed Bitcoin’s market structure. The episode points to lower volatili...