Coinbase Revenue Down 28% as Trading Volume Sinks Amid Brutal Bear Market
Transaction revenue fell 44% compared to the second quarter as fewer users were active on the crypto exchange.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 DecryptRelated market context
Bitcoin’s Wild Swings Go Quiet, Even as the Bears Won’t Let Go
Bitcoin Magazine Bitcoin’s Wild Swings Go Quiet, Even as the Bears Won’t Let Go Bitcoin is deep into its bear market, though it’s...
Bitcoin (BTC) Price Prediction: $66,400 Breakout Could End Months of Range-Bound Trading
The market’s next major directional signal could come from a break of the $62,200-$66,400 range, as Bitcoin continues to consolida...
Kalshi captures majority trading volume as prediction market interest falls 83%
Kalshi's dominance in prediction markets highlights the importance of regulatory compliance in attracting mainstream participants,...
Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock
Bitcoin Magazine Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock Bitcoin’s price is down n...
HIVE’s $84.7 million Swedish tax provision eclipsed revenue even as Bitcoin output hit a record
HIVE Digital Technologies booked an $84.7 million non-cash Swedish tax provision tied to contested VAT exposure after adverse cour...
Aave TVL still down 43% since KelpDAO hack
Aave, one of crypto’s largest lending and borrowing protocols, still hasn’t recovered from the April 18 hack of KelpDAO. Indeed, t...