2min chapter

Animal Spirits Podcast cover image

No Soft Landing (EP.282)

Animal Spirits Podcast

CHAPTER

Coinbase

Q3 transaction revenue was down 44% compared to Q2. Net revenue was down 20%. Total operating expenses were down 38%. Trading volumes at 70% from highs retail trading volume is down 85%, revenues down 76%. And they made a note about competition like that they're just getting smoked by international companies that have more products, less regulation.

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