Today news
About the same in other media
Coinbase falls short on revenue as trading volumes slump 30%
Reading now: 331
economictimes.indiatimes.comCoinbase Global Inc on Tuesday reported a nearly 30% fall in third-quarter trading volumes on a sequential basis, hit by lower volatility and declining prices for bitcoin and other cryptocurrencies. Trading volumes fell to $327 billion in the quarter from $462 billion in the second. Of this, bitcoin comprised 19%, down from 24% last quarter. The company's shares tumbled 13% in trading after the bell.
Presented ByDid you Know?
Indians' investments in crypto grew from about $200 million to nearly $40 billion in the past year
View Details »Total revenue fell to $1.31 billion from $2.23 billion in the prior quarter, also missing estimates of $1.57 billion. Crypto exchanges have benefited from the mainstreaming of digital assets, with
Read more on economictimes.indiatimes.comAbout this in other media
India's Soap Opera Continues: CBDC Plan, 'Private Crypto' Ban, Some Trading Maybe cryptonews.com /2 years ago
Explained: Why was bitcoin trading cheaper in India today compared to global prices? cnbctv18.com /2 years ago
Don't panic sell or short sell cryptocurrencies: Zebpay's Avinash Shekhar cnbctv18.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
