Coinbase Earnings Shock
COIN Drops 10% Despite Holding 11,776 BTC 💼
Revenue: $1.5B (below $1.59B est.)
Trading Volume: $237B vs $393B last year
Retail volume down = market still fragile ⚠
Coinbase is pivoting to partnerships like JPMorgan & USDC rewards to attract U.S. users.
Market Insight:
Exchange struggles often signal a caution phase for altcoins.
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