Coinbase Slips as Beat Fails to Impress After Rally
Coinbase shares slipped after a first-quarter results beat, as Mizuho noted the crypto trading platform’s strong year-to-date rally, signs of a transaction revenue drop in the coming months and potential regulatory risks. Still, Coinbase CFO Alesia Haas says the company is focused on long-term trends. She joins Bloomberg’s Sonali Basak and Ed Ludlow on “Bloomberg…
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Bloomberg’s Ed Ludlow discusses US Commerce Secretary’s warning to Anthropic that it needs government permission to grant foreign nationals access to the company’s most advanced AI models. Plus, after three days of soaring, SpaceX shares come back down to Earth and drop for the first time on the company’s fourth trading day. And, Bloomberg reports…
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@AngelPee91
May 4, 2024 at 4:43 pm
There whole business model highly depends on the crypto markets doing well, if the markets do bad there model goes to shit. As for Base there’s already other ecosystems that do this it’s nothing new.
@CryptoNewsNetwork_
May 5, 2024 at 10:35 am
Financially it’s better to actually be wealthy than to look wealthy. Best quote ever!