News list for " revenue under pressure"

Coinbase Quarter 1 revenue fell 12% quarter-on-quarter to $2.03 billion, trading revenue fell nearly 19%, and several analysts cut their second-quarter and full-year revenue forecasts. JPMorgan noted a "30% quarter-on-quarter decline in institutional volume" and a 3.1 basis point decline in institutional expense ratios from 4.1 basis points. However, Coinbase's acquisition of Deribit, the world's leading crypto derivatives exchange, for $2.90 billion was seen as a "bold bet in the derivatives sp...

2025-05-09 22:25:26