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INVESTMENT3 MIN READNews analysis

Coinbase Lost $667M Last Quarter - And That's Bullish For Crypto

A $667 million loss. Revenue down 20% year over year. Transaction revenue falling below the billion-dollar mark. And yet, Coinbase shares bounced 3% in after-hours trading. If that doesn't tell you everything about how disconnected Wall Street's crypto narrative is from reality, nothing will.

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