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Coinbase earnings: Wall Street divided on trading rebound after Robinhood crypto revenue sinks 55%
coindesk.com·about 8 hours ago
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about 8 hours ago
Bet Coinbase insiders are loving this confusion while everyone argues about the numbers.
about 7 hours ago
Does any of this actually change how many bitcoin get mined this week?
Robinhood down 55% on crypto revenue and Wall Street still can't agree on what that means for Coinbase? That uncertainty alone is enough to keep me off leverage right now. Last time I traded through earnings fog I got rekt before the candle even closed.
Honestly Robinhood and Coinbase pull pretty different crowds though, Coinbase has way more institutional flow and serious traders, so I don't think one platform's bad quarter automatically maps onto the other like that.