Coinbase Hits Record 10.3% Market Share Despite $359M Loss
Coinbase Global (Nasdaq: COIN) captured an all-time-high 10.3% share of global crypto trading volume in the second quarter, even as the exchange posted a $359 million net loss on revenue that missed Wall Street estimates...
Watchlist
Published in the last two hours. The story has cross-source confirmation.
Why this matters
Coinbase is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on Bitcoin NewsSame story, other sources
Cross-source coverage
2 sources
Coinbase shares drop 6% after Q2 loss despite record crypto market share
Coinbase's financial struggles may signal broader market challenges, potentially impacting Ethe...
Related market context
Coinbase posts quarterly loss despite gains in trading share and USDC activity
Coinbase shares fell about 5% after the exchange reported a second quarter loss and $1.2 billion in revenue despite record crypto...
Coinbase Posts $359 Million Q2 Loss as Revenue Falls 14%, but Market Share Hits Record 10.3%
Coinbase reported $1.22 billion in second-quarter revenue on Thursday, down 14% from the first quarter and short of the roughly $1...
Coinbase shares slip after Q2 results despite prediction markets doubling and record trading market share
Coinbase said 88% of its net revenue now comes from sources other than bitcoin spot trading, as its share of global crypto volume...
Coinbase Q2 profit misses estimates despite record crypto market share
The crypto exchange blamed softer spot trading and low volatility for the earnings miss while highlighting growth in derivatives,...
Morning Minute: Coinbase Posts Surprise Loss as Crypto Trading Dries Up
Plus, BTC is red this morning despite $233M in ETF inflows yesterday; and NY State is trying to shut down Kalshi and seeking $36B...
Coinbase Misses on Q2 Earnings as Crypto Trading Activity Slows
The exchange reported lower quarterly revenue and a net loss as crypto trading activity declined, while subscription, stablecoin,...