Analysts from JPMorgan, Cantor Fitzgerald, and Citi remain bullish on Coinbase, but have all cut their price targets as Bitcoin dives deeper.

Live Updates Multiple Metrics Miss 8 minutes ago Live Both transaction revenue and subscription revenue both missed expectations. Shares are now down about 5% in after hours trading.  Coinbase Earnings Are Out 11 minutes ago Live Coinbase’s earnings were just released and here are the most need-to-know figures: EPS: -$2.

Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 9.5% in the morning session after the price of Bitcoin rebounded from a significant drop, sparking a relief rally across crypto-related stocks.

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Coinbase is taking its biggest step yet into the broader financial sector. On Wednesday, the company announced customers will now be able to trade stocks on its platform, and also place bets on a wide range of events through a partnership with prediction ...