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 www.forexlive.com. Source