Coinbase Posts $667 Million Quarterly Loss Amid Crypto Market Downturn

TLDR: Coinbase reported $667 million net loss in Q4, reversing $1.3 billion profit from year earlier Revenue declined 20% to $1.8 billion as falling crypto prices reduced trading activity broadly Diversification through derivatives, stock trading aims to reduce reliance on spot trading fees Pending stablecoin legislation threatens revenue-sharing arrangement with Circle’s USD Coin   Coinbase [...]

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