https://www.cnet.com/personal-finance/crypto/us-biggest-crypto-exchange-coinbase-reports-1-1b-loss/
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At the end of the first quarter, Coinbase's customers had $256 billion worth of assets on its platform. By the end of the next quarter, that amount had dropped by 63% to $96 billion, a result of both the decline in crypto values and of customers cashing out their chips for fiat currencies.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
--- quote start
At the end of the first quarter, Coinbase's customers had $256 billion worth of assets on its platform. By the end of the next quarter, that amount had dropped by 63% to $96 billion, a result of both the decline in crypto values and of customers cashing out their chips for fiat currencies.
--- quote end
Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
