Coinbase CEO says trading revenue has fallen to ‘roughly half’ what it was last year
The cryptocurrency exchange had previously reported that it expected losses of $500 million this year amid the bear market.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The cryptocurrency exchange had previously reported that it expected losses of $500 million this year amid the bear market.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
CME Posts Record Q3 Revenue As Crypto Derivatives Push Continues
TL;DR: CME reported record third-quarter revenue of about $1.74 billion on October 21. The results provide a fresh look at a major...
Ether ETFs Are Having Their Worst Month of 2026. Who Buys Once Bitmine Stops?
Ether’s (ETH) demand this year has largely come from two places: spot exchange-traded funds (ETFs) and Bitmine Immersion Technolog...
Swell Freezes swETH and rswETH Withdrawals Until It Corrects Their Exchange Rates
Holders of Swell‘s swETH and rswETH cannot deposit or withdraw through the protocol after the team said at 2:39 a.m. ET Friday it...
US Senator Questions Tether Over Reported Payments Linked To Former Crypto Adviser
TL;DR: Senator Richard Blumenthal has demanded records from Tether and consultancy Nxum over reported payments and potential ethic...
Coinbase to drop this Japanese yen stablecoin years after its price crash sparked investor lawsuits
Holders who want to avoid market-rate conversion must withdraw before Monday, ahead of GMO Trust’s Nov. 11 initial direct-redempti...
Irish Central Bank Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguards
TL;DR: Ireland’s central bank imposed a €3.25 million penalty on Coinbase Ireland over electronic-money safeguarding and outsourci...