đ° News Alert...
đ Title: Coinbase Hits Rock Bottom: Worst Quarter Since FTX Collapse
đď¸ Published: 2025-04-01T10:13:00-04:00
đ Summary: Coinbase, the prominent US cryptocurrency exchange, has recorded its most challenging quarter since the downfall of FTX in 2022. Beginning the year with shares priced at $257, Coinbase's stock plummeted by 33% to around $172 by March 31. This decline marks a significant period of instability for Coinbase amidst a broader market downturn, driven by geopolitical uncertainties and a decline in trading volumes across the crypto sector. As the company prepares to release its Q1 financials in early May, analysts remain vigilant about the implications of its performance on the market.
đ
https://cointelegraph.com/news/coinbase-sees-worst-quarter-since-ftx-collapse?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
đď¸ Source: Cointelegraph by Adrian Zmudzinski
đ #CryptoMarket #Coinbase #FinancialNews
tzongocu
npub10uâŚmz5qy
2025-04-01 15:31:51
Author Public Key
npub10u8xfdfw7447c26c34rql333yh6k0kevq9x3an8gqmvdtdpqnchqpmz5qyPublished at
2025-04-01 15:31:51Event JSON
{
"id": "c717a8fc8395d4b4281646417ec6080aa59bbfc964428f4d1e872cc5821ebe69",
"pubkey": "7f0e64b52ef56bec2b588d460fc63125f567db2c014d1ecce806d8d5b4209e2e",
"created_at": 1743521511,
"kind": 1,
"tags": [],
"content": "đ° News Alert...\n\nđ Title: Coinbase Hits Rock Bottom: Worst Quarter Since FTX Collapse\nđď¸ Published: 2025-04-01T10:13:00-04:00\nđ Summary: Coinbase, the prominent US cryptocurrency exchange, has recorded its most challenging quarter since the downfall of FTX in 2022. Beginning the year with shares priced at $257, Coinbase's stock plummeted by 33% to around $172 by March 31. This decline marks a significant period of instability for Coinbase amidst a broader market downturn, driven by geopolitical uncertainties and a decline in trading volumes across the crypto sector. As the company prepares to release its Q1 financials in early May, analysts remain vigilant about the implications of its performance on the market.\nđ\nhttps://cointelegraph.com/news/coinbase-sees-worst-quarter-since-ftx-collapse?utm_source=rss_feed\u0026utm_medium=rss\u0026utm_campaign=rss_partner_inbound\n\nđď¸ Source: Cointelegraph by Adrian Zmudzinski\nđ #CryptoMarket #Coinbase #FinancialNews",
"sig": "c05f609507954b26e910acca80e11cb333bc751d11a45864390764c1b6b790704f3cb2636c5f8aecf759984a8da519287bcb9115ba5f68f145955cbb722a6b0a"
}