Transaction volumes decreased 12% compared to the prior quarter, however, Coinbase pointed to a 34% increase in subscription and service revenues as the reason for its 5% total revenue growth for the quarter.
Our letter to shareholders can be found on the Investor Relations website atThe recent developments in crypto markets have been challenging, but not unprecedented.
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Coinbase inches higher ahead of earnings as Silvergate slips after downgradeCoinbase shares slipped shortly after the open while Silvergate plunged after its latest dowgrade.
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Coinbase beats on revenue and earnings, but usage continues to declineCoinbase beats on revenue and earnings, but usage continues to decline Pump it and they will come.
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