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Coinbase to miss Q3 revenue estimate by 10%, analyst blames low crypto volatility, volumes

Mizuho says that Coinbase will miss current consensus third-quarter revenues by 10%, citing low trading volumes. Crypto volatility has been relatively low this year, partially due to regulatory uncertainty. “We expect dwindling volumes…combined with an expected drought in retail trading to meaningfully weigh on 3Q revenue”Bitcoin update: This article was written by Eamonn Sheridan at www.forexlive.com...
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Posted: Oct 4 2023, 20:20
Author Name: forexlive
Views: 082812