Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales
Coinbase reported revenue below analyst expectations as its user base shrank, though its recurring revenue grew. Its chief executive also has plans for new share sales, and a large security breach at Binance added pressure on crypto markets. Bitcoin was down 0.2% in the first hour after publication and remains down 0.2% since the story.
Source: Bitcoin Magazine · Written by Blockdeck from public reports and live market datamarket_reactionBTC/USD around the story+0.18% since the news
Price at the news$76,710.72
First hour after+0.30%
Since the news+0.18%
Volume that hour0.8× normal
Headline and excerpt credited to Bitcoin Magazine. Prices on this page are live, not from the time of the story. Not financial advice.