Coinbase shares fell 5% after hours
Cryptocurrency exchange Coinbase (COIN.O) released financial data showing that third-quarter revenue exceeded expectations, but trading volume declined for the second consecutive quarter. The stock price of the cryptocurrency exchange fell more than 5% in extended trading after the financial report was released, and the current trading price is $84.60.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Prediction Market Shows 75% Chance of New Country Buying Bitcoin This Year
Frax community approves frxUSD stablecoin backed by BlackRock's BUIDL
According to RWA.xyz, BlackRock's USD Institutional Digital Liquidity Fund has over $648 million in assets under management. The Frax community has voted to pass FIP-418 to use BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) as backing collateral for the Frax-USD (frxUSD) stablecoin. A