Bloomberg: Coinbase’s quarterly rebound may be driven by falling crypto market volatility
2024-08-01 12:52
Odaily News Despite expectations that its revenue will double and its profits will jump, Coinbase Global Inc. faces the risk of being hurt by falling volatility in crypto markets when it releases second-quarter results. The unpredictability of token price swings has been one of Coinbase’s biggest challenges since it debuted as a public company in April 2021. Analysts expect Coinbase’s trading volume and revenue to be lower than in the first quarter, and the exchange appears to have lost market share. The average 30-day volatility for digital assets is about 52% so far this year, down from 79% during the last bull run in 2021, according to research firm CCData. While Coinbase’s shares are up about 30% so far this year, that’s still below Bitcoin’s roughly 50% gain over the same period. (Bloomberg)
2025-11-03 18:02
Coinbase includes Monad (MON) in its listing roadmap
2025-11-03 17:01
Coinbase will list KITE
2025-11-03 18:02
Coinbase includes Monad (MON) in its listing roadmap
2025-11-03 17:01
Coinbase will list KITE
Download Odaily App
Let Some People Understand Web3.0 First
