Coinbase to miss Q3 revenue estimate by 10%, analyst blames low crypto volatility, volumes

Mizuho says that Coinbase will miss current consensus third-quarter revenues by 10%, citing low trading volumes. Crypto volatility has been relatively low this year, partially due to regulatory uncertainty.

  • “We expect dwindling volumes…combined with an expected drought in retail trading to meaningfully weigh on 3Q revenue”

Bitcoin update:

This article was written by Eamonn Sheridan at Source