Coinbase Global, the prominent cryptocurrency exchange, has soared past second-quarter revenue expectations, powered by a massive uptick in interest income. While celebrating this victory, the company’s executives also expressed confidence in winning an ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). According to the released data, Coinbase posted a net loss of $97 million on $708 million in revenue for the second quarter. The decline in cryptocurrency trading volume by 37% to $92 billion from Q1’s $145 billion brought a subsequent dip in trading revenue. However, this didn’t stop Coinbase from exceeding revenue expectations.
LIVE
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,910.00
▲ +0.30%
ETH
$1,917.83
▲ +0.20%
USDT
$0.999326
▲ +0.00%
BNB
$592.25
▼ -0.20%
USDC
$0.999631
▲ +0.00%
XRP
$1.03
▼ -1.90%
SOL
$73.88
▲ +0.60%
TRX
$0.327612
▲ +0.10%
FIGR_HELOC
$1.04
▲ +1.80%
HYPE
$55.73
▼ -0.20%
DOGE
$0.069932
▲ +1.20%
USDS
$0.999913
▲ +0.00%
RAIN
$0.012723
▲ +1.30%
LEO
$9.76
▲ +0.00%
ZEC
$512.71
▲ +3.40%
ADA
$0.200411
▼ -1.10%
XMR
$368.95
▲ +1.20%
WBT
$56.17
▲ +0.20%
LINK
$8.29
▲ +0.60%
XLM
$0.16048
▼ -0.80%
DAI
$1.00
▲ +0.00%
BCH
$215.80
▲ +1.40%
USD1
$0.999786
▲ +0.00%
USDE
$0.999687
▲ +0.00%
GRAM
$1.34
▼ -3.60%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,910.00
▲ +0.30%
ETH
$1,917.83
▲ +0.20%
USDT
$0.999326
▲ +0.00%
BNB
$592.25
▼ -0.20%
USDC
$0.999631
▲ +0.00%
XRP
$1.03
▼ -1.90%
SOL
$73.88
▲ +0.60%
TRX
$0.327612
▲ +0.10%
FIGR_HELOC
$1.04
▲ +1.80%
HYPE
$55.73
▼ -0.20%
DOGE
$0.069932
▲ +1.20%
USDS
$0.999913
▲ +0.00%
RAIN
$0.012723
▲ +1.30%
LEO
$9.76
▲ +0.00%
ZEC
$512.71
▲ +3.40%
ADA
$0.200411
▼ -1.10%
XMR
$368.95
▲ +1.20%
WBT
$56.17
▲ +0.20%
LINK
$8.29
▲ +0.60%
XLM
$0.16048
▼ -0.80%
DAI
$1.00
▲ +0.00%
BCH
$215.80
▲ +1.40%
USD1
$0.999786
▲ +0.00%
USDE
$0.999687
▲ +0.00%
GRAM
$1.34
▼ -3.60%
BTC
$64,910.00
▲ +0.30%
ETH
$1,917.83
▲ +0.20%
USDT
$0.999326
▲ +0.00%
BNB
$592.25
▼ -0.20%
USDC
$0.999631
▲ +0.00%
XRP
$1.03
▼ -1.90%
SOL
$73.88
▲ +0.60%
TRX
$0.327612
▲ +0.10%
FIGR_HELOC
$1.04
▲ +1.80%
HYPE
$55.73
▼ -0.20%
DOGE
$0.069932
▲ +1.20%
USDS
$0.999913
▲ +0.00%
RAIN
$0.012723
▲ +1.30%
LEO
$9.76
▲ +0.00%
ZEC
$512.71
▲ +3.40%
ADA
$0.200411
▼ -1.10%
XMR
$368.95
▲ +1.20%
WBT
$56.17
▲ +0.20%
LINK
$8.29
▲ +0.60%
XLM
$0.16048
▼ -0.80%
DAI
$1.00
▲ +0.00%
BCH
$215.80
▲ +1.40%
USD1
$0.999786
▲ +0.00%
USDE
$0.999687
▲ +0.00%
GRAM
$1.34
▼ -3.60%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,910.00
▲ +0.30%
ETH
$1,917.83
▲ +0.20%
USDT
$0.999326
▲ +0.00%
BNB
$592.25
▼ -0.20%
USDC
$0.999631
▲ +0.00%
XRP
$1.03
▼ -1.90%
SOL
$73.88
▲ +0.60%
TRX
$0.327612
▲ +0.10%
FIGR_HELOC
$1.04
▲ +1.80%
HYPE
$55.73
▼ -0.20%
DOGE
$0.069932
▲ +1.20%
USDS
$0.999913
▲ +0.00%
RAIN
$0.012723
▲ +1.30%
LEO
$9.76
▲ +0.00%
ZEC
$512.71
▲ +3.40%
ADA
$0.200411
▼ -1.10%
XMR
$368.95
▲ +1.20%
WBT
$56.17
▲ +0.20%
LINK
$8.29
▲ +0.60%
XLM
$0.16048
▼ -0.80%
DAI
$1.00
▲ +0.00%
BCH
$215.80
▲ +1.40%
USD1
$0.999786
▲ +0.00%
USDE
$0.999687
▲ +0.00%
GRAM
$1.34
▼ -3.60%
