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Coinbase shares fall after first-quarter revenue misses Wall Street estimate Coinbase shares fell after the company missed Wall Street's revenue estimate for the first quarter. The crypto exchange giant's trading revenues dropped 19% from the previous quarter due to challenges in the crypto market. Coinbase's total revenue fell to $1.17 billion in the first quarter of 2022, down from $1.80 billion in the same quarter the previous year. The company's shares plummeted 9.16% in after-hours trading, closing at $63.83 . Here's a breakdown of Coinbase's performance . Revenue: $1.17 billion, down 35% from the same quarter last year Trading Volume: $309 billion, down from $547 billion in the last quarter Monthly Transacting Users: 9.2 million, down 19% from the last quarter Despite the current challenges, Coinbase remains focused on long-term growth, exploring opportunities beyond trading and investing in the future of crypto .$SOL #CryptoComeback
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The crypto market is experiencing a surge, with many coins rising in value, thanks to hints of a significant trade deal announcement from President Donald Trump. Here's what's happening Market Movement: The wider market is seeing notable gains, with coins like XRP, ETH, ADA, and DOGE rising between 4% to 6%. Ether Whale ICO Participant: A participant from the ICO period sold 5,200 ETH, valued at $9.54 million, contributing to a series of recent liquidations. Bitcoin: Currently trading at $97,093.36, Bitcoin is up 0.57% from 4 p.m. ET Thursday and 0.96% over the last 24 hours. Trump's Trade Policies: Fears of Trump's inflationary policies had previously caused market dips, but recent hints of trade deals are boosting market sentiment. Recent Developments: India-US Trade Talks: India and the US have agreed to resolve trade and tariff rows after talks between Trump and Modi. China-US Trade: China is reportedly preparing to contest Trump's 10% tariffs via the WTO and resume trade talks to revive the Phase One agreement Stock Market Updates: S&P 500: Up 0.76% to 5,672.20 Nasdaq: Up 1.02% to 20,086.40$ETH #BTCtrade
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Sei Wants To Cut Cosmos Compatibility and Go All-In on Ethereum
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kaito price prediction current 1.48 🎒$SOL #PectraUpgrade
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AIC coin 0.1804 keep close focus $SOL #PectraUpgrade
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