Coinbase transaction volume, revenue slump on retail indifference

Quick Summary:

Figures released October 30 show Coinbase's revenue declined to over $1.2 billion in the three months ending September 30, down from $1.45 billion in Q2 and from $1.64 billion in Q1.

The post Coinbase transaction volume, revenue slump on retail indifference appeared first on CoinGeek.

Transaction revenue fell nearly 27% from Q2 to $572.5 million as transaction volume fell 18% to $185 billion.

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Article Details

Author / Journalist: Steven Stradbrooke

Category: Crypto

Markets: CanadaChinaHong KongMacau

Topics: FTX Paul Grewal Business Solana Crypto.com Securities and Exchange Commission Crypto Crime Cartel Alesia Haas Sam Bankman-Fried Circle Brian Armstrong Coinbase Fairshake Tether USDT USDC Ethereum Base Stablecoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 14:00:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1809 words

Reading Time: 11 minutes read

Sentences: 65 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 23395962

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