Rise

<p>The post <a href="https://coinpedia.org/crypto-live-news/coinbase-shares-rise-after-q2-revenue-beats-wall-street-expectations/" rel="noopener noreferrer nofollow">Coinbase Shares Rise After Q2 Revenue Beats Wall Street Expectations</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Coinbase’s (COIN) second-quarter revenue beat the Wall Street analysts’ estimates slightly as the industry continues to recover from the crypto winter. Its second quarter’s total revenue was $1.45 billion versus average estimate of about $1.4 billion. Coinbase’s biggest source of income comes from transaction fees, which slipped 27% from the previous quarter as trading volume fell 28%. The stock rose about 2% in the minutes following the report. The crypto exchange posted better-than-expected revenue mostly due to its sales diversification strategy.</p>

Coinbase Shares Rise After Q2 Revenue Beats Wall Street Expectations

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