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Coinbase earnings preview splits Wall Street as Robinhood crypto revenue falls 55 percent while prediction markets bring in 173 million dollars, CoinDesk reports
- Coinbase earnings preview splits Wall Street as Robinhood crypto revenue falls 55 percent while prediction markets bring in 173 million dollars, CoinDesk reports — Wall Street analysts expect Coinbase trading activity improved from the second quarter but disagree on revenue, with trading volume forecasts ranging from 141 billion dollars at Oppenheimer to 173 billion dollars at JPMorgan, CoinDesk reports. Robinhood's crypto transaction revenue fell 55 percent from a year earlier as volume fell 38 percent, while its prediction markets brought in 173 million dollars, more than six times the year-earlier figure. (CoinDesk)
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