Mmastodon BusinessCrypto first seen 4 d ago, last 3 d ago, peak #2
Wall Street divided on crypto rebound as Coinbase earnings approach
Original: 🪙 JUST IN: Coinbase earnings loom as Wall Street splits over crypto trading rebound after Robinhood's crypto revenue fel
Coinbase is set to report earnings amid a split on Wall Street over whether crypto trading is rebounding. Attention is sharpened by Robinhood's latest results, which showed its crypto revenue fell 55%, fuelling debate over whether the slump reflects broader weakness in digital-asset trading or company-specific factors. Investors are watching Coinbase's numbers as a test of the recovery thesis.
Why now: Coinbase's upcoming earnings report is seen as a key indicator of whether crypto trading activity is recovering, especially after Robinhood's sharp crypto revenue decline.
Evidence
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