Coinbase dips after reporting lower-than-forecast revenue | Crypto News

Coinbase posted revenue of $1.24bn, lower than the $1.57bn forecast by analysts.

Coinbase Global Inc. shares fell nearly 12% in postmarket trading after the biggest U.S. cryptocurrency exchange reported third-quarter results that missed Wall Street’s estimates.

Coinbase, which blamed market turbulence and lower prices in a part of the third…

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