Category: Crypto & Blockchain
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Coinbase Earnings Shock: Why the Crypto Giant’s Stock Plummeted Despite a $1.5 Billion Windfall
Estimated reading time: 4 minutes Key Takeaways Despite a $1.5 billion revenue boost, Coinbase’s stock dropped 16.7%, highlighting investor concerns. Weak trading volumes and declining crypto prices adversely affected profitability. Market volatility and regulatory risks continue to influence Coinbase’s performance and investor sentiment. Future success depends on diversifying revenue streams and adapting to evolving market…
