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Cryptorank

Coinbase Tanks 11% Pre-Market After $1.5B Q2 Revenue Miss


by Chayanika Deka
for CryptoPotato
Coinbase Tanks 11% Pre-Market After $1.5B Q2 Revenue Miss

Coinbase shares fell sharply after the company reported second-quarter earnings that missed expectations. Total revenue for the quarter came in at $1.5 billion, representing a 26% decline from the previous quarter.

The shortfall was largely driven by weaker-than-expected transaction revenue, which fell 39% quarter-over-quarter to $764 million.

Read the article at CryptoPotato

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A16Z general partner claims major US banks are leading Operation Chokepoint 3.0

A16Z general partner claims major US banks are leading Operation Chokepoint 3.0

Andresen Horowitz (a16z) general partner Alex Rampell has warned that major US banks ...
Cathie Wood Buys the Dips As COIN Stock Crashes 16% Following Weak Q2 Report

Cathie Wood Buys the Dips As COIN Stock Crashes 16% Following Weak Q2 Report

Coinbase (NASDAQ: COIN) stock price came crashing down by 16.7% on Friday on weak Q2 ...

Coinbase Tanks 11% Pre-Market After $1.5B Q2 Revenue Miss


by Chayanika Deka
for CryptoPotato
Coinbase Tanks 11% Pre-Market After $1.5B Q2 Revenue Miss

Coinbase shares fell sharply after the company reported second-quarter earnings that missed expectations. Total revenue for the quarter came in at $1.5 billion, representing a 26% decline from the previous quarter.

The shortfall was largely driven by weaker-than-expected transaction revenue, which fell 39% quarter-over-quarter to $764 million.

Read the article at CryptoPotato

Read More

A16Z general partner claims major US banks are leading Operation Chokepoint 3.0

A16Z general partner claims major US banks are leading Operation Chokepoint 3.0

Andresen Horowitz (a16z) general partner Alex Rampell has warned that major US banks ...
Cathie Wood Buys the Dips As COIN Stock Crashes 16% Following Weak Q2 Report

Cathie Wood Buys the Dips As COIN Stock Crashes 16% Following Weak Q2 Report

Coinbase (NASDAQ: COIN) stock price came crashing down by 16.7% on Friday on weak Q2 ...