Bloomberg Technology

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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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 Technology.”
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2 Comments

  1. @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.

    Reply

  2. @CryptoNewsNetwork_

    May 5, 2024 at 10:35 am

    Financially it’s better to actually be wealthy than to look wealthy. Best quote ever!

    Reply

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