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Coinbase hit by spot trading slump: Wall Street trims expectations ahead of earnings
Coinbase is experiencing a decline in spot trading activity, leading Wall Street to lower its earnings expectations for the company.
Related Signal
Adjacent reporting
- Coinbase trading results may fall short of expectations, according to prediction markets
- Coinbase loses nearly $400 million in Q1 as CEO seeks to reduce dependence on spot crypto trading
- Coinbase turns into a poster child for the crypto selloff
- Coinbase shares slide on $400M Q1 loss, revenue miss
- Coinbase Swings to a Loss While Posting Another Revenue Drop
- Coinbase stock declines 5% after missing Q1 estimates on crypto slowdown