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After a Rough First Quarter, Coinbase Expects This One to Be Even Slower
The crypto exchange giant Coinbase is bracing for a slow second financial quarter – noting that crypto volatility and prices slumped last month – forecasting a drop in users and trading volume to continue into FY2022 Q2.
In its latest letter to shareholders, the company revealed that trading volumes had fallen by 44% in the first quarter, posting worse-than-expected earnings....
Read More: After a Rough First Quarter, Coinbase Expects This One to Be Even Slower
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