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Coinbase Shares Plunge on $400M Q1 Loss as Pivot Beyond Spot Trading Begins
Crypto

Coinbase Shares Plunge on $400M Q1 Loss as Pivot Beyond Spot Trading Begins

21 hours ago•CoinTelegraph via AI

Coinbase investors hit the panic button today as the cryptocurrency exchange’s stock plummeted following a dismal first-quarter report. The company revealed a staggering $400 million loss and missed revenue expectations, a shortfall Chief Financial Officer A