Coinbase Revenue May be Hurt by Lower Trading Volumes, Regulatory Uncertainty, Analysts Say
Submitted by Anonymous (not verified) on Tue, 10/29/2024 - 20:00Coinbase Q3 earnings preview
Coinbase Q3 earnings preview
Miners earned an average of $43,600 per exahash a second in daily block rewards last month, the lowest rate on record, the report said.
The broker upgraded the bitcoin miner's shares to buy from sell and raised its price target on the stock to $13.50 from $7.50.
CoinShares' total assets under management almost doubled from $2.7billion to $5.3 billion.
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