Coinbase Global Inc. saw revenue surge in a volatile quarter that it said highlighted the “still-early days” of the “cryptoeconomy.”
Coinbase saw total retail trading volume of $145 billion in the June quarter, up 21% from the March quarter, which the company attributed to a higher count of monthly transacting users, strength in the crypto market and its support of more trading assets.Overall trading volume hit $462 million, up from $335 million in the March quarter. Of that total trading volume, 24% was concentrated in bitcoin BTCUSD, +0.
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Global stocks tread water as gold slides and oil takes a spillAsian shares fought back from early losses on Monday as sharp falls in gold and oil prices briefly spooked sentiment, while the dollar reached four-month highs on the euro after an upbeat U.S. jobs report lifted bond yields. SanctionsOnPakistan Gold slide? Hmm. good luck
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