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To what extent can Bitcoin help Coinbase do better in the upcoming quarter
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ambcrypto.comCoinbase has consistently been making it to the crypto headlines, of late. It all started a couple of months back, thanks to its controversial ‘Lend’ program. Post that too, the exchange has been able to maintain its ‘making it to the news’ streak, owing to its recent announcements with respect to partnerships, NFTs and ETFs.
Well, quite recently the US-based exchange platform released a letter to its shareholders outlining its financial performance in Q3 among other things. As per the same, the company posted revenue figures of $1.24 billion, which was lower than the $1.57 billion forecast by analysts.
The public listed company may have missed Wall Street’s estimates due to the broader market turbulence observed in the aforementioned time
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