TipRanks
Coinbase: Crypto Trading, Website Traffic, Earnings and More
On Tuesday, following the market’s close, Coinbase (COIN) will deliver Q3’s financials. Recall, in Q2 the leading crypto exchange delivered blistering beats across the board, which coincided with bitcoin’s surge to new highs during May. Coinbase’ fortunes are closely tied to BTC’s performance, and following bitcoin’s sharp decline from mid-May Q3 until bottoming out toward the end of July, it would be prudent to expect a more downbeat performance in the quarter, says J.P. Morgan’s Ken Worthingto
