BUSINESSTHE BLOCK
Coinbase shares slip after Q2 results despite prediction markets doubling and record trading market share
Coinbase shares slipped after Q2 results despite prediction markets doubling and record trading market share. The company reported that 88% of its net revenue now comes from sources other than bitcoin spot trading, with its share of global crypto volume growing.
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Adjacent reporting
- Coinbase Misses on Q2 Earnings as Crypto Trading Activity Slows
- Coinbase Q2 profit misses estimates despite record crypto market share
- Coinbase shares fall after crypto exchange posts disappointing second-quarter results
- Coinbase hit by spot trading slump: Wall Street trims expectations ahead of earnings
- Coinbase sinks 5% after missing second quarter revenue estimates
- Coinbase Shares Slide as Crypto Giant Reports $394 Million Q1 Loss