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Coinbase beats Q4 earnings estimates amid falling transaction volume

Transaction volume on the exchange fell 12% in 2022’s fourth quarter, but the firm still beat forecast earnings despite a 57% year-on-year revenue drop.

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Coinbase beats Q4 earnings estimates amid falling transaction volume

Transaction volume on the exchange fell 12% in 2022’s fourth quarter, but the firm still beat forecast earnings despite a 57% year-on-year revenue drop.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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