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Coinbase shares slide as revenue and earnings miss despite record market share

SiliconANGLE News·July 30, 2026·1 min read
Coinbase shares slide as revenue and earnings miss despite record market share

AI Summary

Coinbase Global Inc. experienced a decline of over 5% in its shares after reporting revenue and earnings that fell short of Wall Street expectations. The downturn was attributed to dwindling token prices and significant decreases in market volatility affecting its trading operations.

From the source

Shares in Coinbase Global Inc. fell more than 5% in extended trading today after the cryptocurrency exchange missed Wall Street targets on both revenue and earnings, with falling token prices and multi-year lows in volatility gutting its trading business. For…

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