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Crypto exchange Coinbase logs third straight quarterly loss on trading slowdown

Crypto exchange Coinbase logs third straight quarterly loss on trading slowdown

By Rishab Shaju and Prakhar Srivastava July 30 (Reuters) - Coinbase Global posted a third straight quarterly loss on Thursday, hurt by lower trading volumes as a prolonged downturn in cryptocurrency markets curbed trading activity.

Coinbase Faces Quarterly Loss Amidst Crypto Market Downturn, Analysts Support Diversification Strategy

Coinbase Faces Quarterly Loss Amidst Crypto Market Downturn, Analysts Support Diversification Strategy

Coinbase Faces Quarterly Loss Amidst Crypto Market Downturn, Analysts Support Diversification Strategy

Strategy Inc Reports $8.2 Billion Loss Amid Bitcoin Price Decline

Strategy Inc Reports $8.2 Billion Loss Amid Bitcoin Price Decline

Strategy Inc Reports $8.2 Billion Loss Amid Bitcoin Price Decline

Mastercard profit beats estimates as stable spending drives transaction volumes

Mastercard profit beats estimates as stable spending drives transaction volumes

July 30 (Reuters) - Mastercard posted a second-quarter profit that surpassed Wall Street expectations on Thursday, boosted by robust transaction volumes driven by steady consumer spending. Shares of the company were up over 3% in trading before the bell.

Coinbase Faces Significant Loss Amid Weak Crypto Market, Impacting Trading Revenue

Coinbase Faces Significant Loss Amid Weak Crypto Market, Impacting Trading Revenue

Coinbase Faces Significant Loss Amid Weak Crypto Market, Impacting Trading Revenue

Fed hold leaves Circle’s key profit question unanswered

Fed hold leaves Circle’s key profit question unanswered

Circle earns most of its revenue from USDC reserves, but circulation and distribution costs may matter more than rates.

Prudential Financial Anticipates Mixed Earnings with Revenue Growth and Profit Decline

Prudential Financial Anticipates Mixed Earnings with Revenue Growth and Profit Decline

Prudential Financial Anticipates Mixed Earnings with Revenue Growth and Profit Decline

Coinbase's Weak Quarter Raises Concerns Among Wall Street Analysts

Coinbase's Weak Quarter Raises Concerns Among Wall Street Analysts

Coinbase's Weak Quarter Raises Concerns Among Wall Street Analysts

Coinbase Stock Declines as Crypto Market Weakness Leads to Losses

Coinbase Stock Declines as Crypto Market Weakness Leads to Losses

Coinbase Stock Declines as Crypto Market Weakness Leads to Losses

Coinbase Shares Drop 5% After Missing Q2 Revenue Estimates

Coinbase Shares Drop 5% After Missing Q2 Revenue Estimates

Coinbase Shares Drop 5% After Missing Q2 Revenue Estimates

Robinhood Launches Blockchain Chain, Attracts $450 Million in Three Weeks

Robinhood Launches Blockchain Chain, Attracts $450 Million in Three Weeks

Robinhood Launches Blockchain Chain, Attracts $450 Million in Three Weeks

Stablecoins Challenge State Control in Global Digital Finance

Stablecoins Challenge State Control in Global Digital Finance

Stablecoins Challenge State Control in Global Digital Finance