Coinbase to miss Q3 revenue estimate by 10%, analyst blames low crypto volatility, volumes
<p>Mizuho says that Coinbase will miss current consensus third-quarter revenues by 10%, citing low trading volumes. Crypto volatility has been relatively low this year, partially due to regulatory uncertainty. </p><ul><li>“We expect dwindling volumes…combined with an expected drought in retail trading to meaningfully weigh on 3Q revenue”</li></ul><p>Bitcoin update:</p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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