Mmastodon BusinessCrypto first seen 10 d ago, last 10 d ago, peak #1
Coinbase Misses Revenue Target as Users Decline
Original: Coinbase Misses Revenue Target as Users Decline and CEO Plans Share Sales Coinbase missed revenue estimates as users fel
Coinbase reported revenue below analyst estimates, with the number of active users falling. The company also disclosed that its CEO plans to sell shares. The results add to pressure on major crypto exchanges, coming alongside news of a significant security breach at rival Binance. The combination of weak user growth, insider share sales and industry-wide security concerns has drawn attention to the state of the crypto trading business.
Why now: Investors and the crypto community are reacting to a batch of bad news for major exchanges hitting at once.
Rank over time, top of the chart is #1. 2 snapshots from 10 d ago to 10 d ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/4628820