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bitcoin
Bitcoin (BTC) $ 69,154.53
ethereum
Ethereum (ETH) $ 3,805.24
tether
Tether (USDT) $ 0.999361
bnb
BNB (BNB) $ 602.59
usd-coin
USDC (USDC) $ 0.999872
xrp
XRP (XRP) $ 0.537307
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.170888
cardano
Cardano (ADA) $ 0.459684
solana
Solana (SOL) $ 164.00
matic-network
Polygon (MATIC) $ 0.723429
polkadot
Polkadot (DOT) $ 7.43
tron
TRON (TRX) $ 0.113646
More

    Coinbase Posts One other Quarterly Loss Amid Regulator Crackdown

    Latest News

    • Coinbase (NASDAQ:) has posted 4 consecutive quarterly losses since going public in April 2021.
    • The collapses of a number of high-profile crypto-based firms, resulting in regulatory strain, have been claimed to be on the coronary heart of Coinbase’s poor efficiency.
    • Coinbase carried out higher than anticipated in This fall and improved upon its Q3 posting.

    The continuing crypto winter has seen the cryptocurrency market cap drop to a low of $1.5 trillion, down from its all-time excessive of $2.9 trillion.

    In its fourth-quarter earnings, launched on Tuesday, February twentieth, Coinbase addressed the influence of the continuing bear market, itemizing high-profile bankruptcies and elevated regulatory scrutiny as causes for its fourth consecutive quarter of losses.

    Supply: Reuters

    The collapse…

    Proceed Studying on DailyCoin

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