Coinbase Faces Declining Trading Volumes and Regulatory Hurdles, but Share Prices Hold Steady

Recent research conducted by Berenberg Investment Bank indicates a decline in Coinbases cryptocurrency trading volumes for the U.S. market during the third quarter. The study reveals that Coinbase experienced a sequential 16.8% drop and a notable 51% reduction compared to the previous year. This information comes ahead of Coinbases official announcement of its third-quarter results scheduled for November 2. The bank expressed concerns over Coinbases customer base potentially decreasing, attributing this to increasing competition in the cryptosphere, especially in segments experiencing...

source: https://tokenpost.com/Coinbase-Sees-Drop-in-US-Trading-Volumes-Says-Berenberg-Investment-Bank-10839

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