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Coinbase Has a Bitcoin Problem, and a Potentially Bigger Opportunity
Source: 247wallst.com
Corporate EarningsCrypto & Digital AssetsCompany FundamentalsCorporate Guidance & Outlook
Coinbase reported one of its weakest quarterly performances in years, led by a sharp deterioration in its core spot-trading business. The article argues that an underlying strategic transformation could reduce the long-term importance of spot-trading volumes, creating a mixed near-term outlook despite the poor quarterly result.
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mixed
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