Last Updated on June 4, 2023 by Paganoto
Coinbase loses half its value in a week as crypto slumps
Coinbase loses half its value in a week as crypto slumps
Coinbase reported a $430 million net loss in the first quarter, or $1.98 per share, on declining sales and active users. Analysts were expecting profit of 8 cents per share. Revenue was down as trading volumes fell, and active monthly users declined 19% from the fourth quarter.May 11, 2022
Coinbase Earnings Weren't as Bad as They Seem
Coinbase Earnings Weren't as Bad as They Seem
Coinbase is losing money, but not nearly as much as it appears. … Coinbase revenue was down sharply because crypto trading is down.
Coinbase admits users may lose crypto if exchange … – Fortune
Coinbase admits users may lose crypto if exchange … – Fortune
In the event the crypto exchange goes bankrupt, Coinbase says, its users might lose all the cryptocurrency stored in their accounts too.
Coinbase Stock Slides After Revenue Miss But Many Analysts …
Coinbase Stock Slides After Revenue Miss But Many Analysts …
According to the earnings report, Coinbase’s first-quarter revenue slumped to $1.17 billion, below Wall Street’s expectations of $1.48 billion.
Coinbase Posts Steep Second-Quarter Loss Amid Crypto …
Coinbase Posts Steep Second-Quarter Loss Amid Crypto …
Coinbase COIN -5.48%▽ lost $1.1 billion, or $4.98 a share, in the second quarter, the company said Tuesday, compared with a profit of $1.6 …
Can you lose money on Coinbase? – Quora
Can you lose money on Coinbase? – Quora
It made just under a billion bucks in net profit in 2018, but the rest of the time it has suffered losses of over $4 billion a year. Looking at 2019….
Coinbase shares dive 26% after revenue miss – CNBC
Coinbase shares dive 26% after revenue miss – CNBC
Shares of Coinbase closed down 26% on Wednesday after the company reported shrinking revenue and declining users. Coinbase said Tuesday that …
Coinbase misses revenue estimates as retail investors head …
Coinbase misses revenue estimates as retail investors head …
Coinbase Global Inc missed estimates for first-quarter revenue on Tuesday and posted a loss as turmoil in global markets curbed investor …
Coinbase's Strategy Has Backfired, Leaving The Stock With …
Coinbase's Strategy Has Backfired, Leaving The Stock With …
The Coinbase balance sheet showed cash of $6.1 billion as of March 2022. The company also owned $180 million of the USDC stablecoin, and $765 …
why am i losing money on coinbase – Yellowstone Village Inn
why am i losing money on coinbase – Yellowstone Village Inn
Biden’s order also directed federal agencies to study the impact of cryptocurrency on financial stability and national security.In a letter to shareholders, …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.