Core Viewpoint - Coinbase's stock price significantly declined after the release of its latest earnings report, primarily due to second-quarter revenue falling short of analyst expectations despite a year-over-year revenue increase [1][2] Group 1: Financial Performance - Coinbase reported $1.5 billion in revenue for the second quarter, a 3.3% year-over-year increase, but below the market expectation of $1.59 billion and a notable decline from $2 billion in the first quarter [1] - The company's net profit surged to $1.43 billion from $36.13 million in the same period last year, translating to earnings per share of $5.14 compared to $0.14 [1] - Subscription service revenue grew by 9% year-over-year to $655.8 million, but fell short of the expected $705.9 million [2] Group 2: Trading Volume and Market Conditions - Retail trading volume increased by 16% year-over-year to $43 billion, yet it was below the analyst forecast of $48.05 billion [2] - The overall cryptocurrency market capitalization remained stable, leading to a decline in Coinbase's spot trading volume in both the U.S. and global markets [2] - Analysts noted that the market's downturn in the second quarter was anticipated following a strong first quarter driven by favorable regulatory expectations from the Trump administration [2] Group 3: Business Diversification and Strategy - To reduce reliance on cryptocurrency trading volume, Coinbase is actively expanding into new business areas, including traditional stocks, prediction markets, foreign exchange, government bonds, and commodities [3] - The company’s CFO indicated that the technology and regulatory frameworks are maturing, marking a critical turning point for the industry [3] - Following the acquisition of the options exchange Deribit, Coinbase plans to continue its merger and acquisition strategy [4]

RT Max Branzburg (@maxbranzburg)We’re building the everything exchange, and it’s a BIG deal.Equities is a $100T market. We can transform it by building the bridge to onchain capital markets.Imagine all of this in one place: millions of crypto assets, derivatives, tokenized equities, and more. https://t.co/HvBrzpGAcQ ...

Coinbase(COIN.US)盘前大跌超11.7%，报333.5美元。消息面上，Coinbase第二季度总收入同比增长超 7%、环比下降26%至15亿美元，低于分析师预期的15.9亿美元；利润激增至14亿美元，主要得益于其对 Circle Internet Group投资获得的巨额收益。期内交易收入同比下降超2%至7.64亿美元，反映现货加密货 币交易活动的低迷。 另外，比特币日内一度跌超1.5%，逼近11.4万美元/枚，此前已连续四日走低。(格隆汇) ...

杰富瑞将Coinbase目标价从405美元下调至375美元。 ...

Coinbase(COIN.O)美股盘前下跌11%，其第二季度利润下降。 ...

Coinbase盘前股价下跌11%，该公司报告第二季度利润下降。 ...

Core Viewpoint - U.S. stock index futures are all down ahead of market opening, with significant movements in major companies like Amazon, Apple, and Coinbase [1] Group 1: Market Overview - Nasdaq 100 futures fell by 0.9%, S&P 500 futures dropped by 0.8%, and Dow futures also decreased by 0.8% [1] Group 2: Company Performance - Amazon's stock declined approximately 7% due to third-quarter operating profit guidance falling below market expectations and slower sales growth in its cloud computing business compared to major competitors [1] - Apple's stock increased by about 2%, with the company reporting its third fiscal quarter revenue growth rate at a three-and-a-half-year high [1] - Coinbase's stock fell around 11% as the company's second-quarter total revenue was below expectations [1] - Figma, a software design giant, saw its stock rise by approximately 26%, following a previous trading day increase of 250% [1]

🚨 🚨 🚨 🚨 843 #BTC (97,093,002 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/hOVqU8S40m ...

作者：董静，华尔街见闻 美国最大加密货币交易所Coinbase第二季度利润激增至14亿美元，主要得益于其对Circle Internet Group 投资获得的巨额收益，但收入未达华尔街预期，股价盘后下跌超8%。 7月31日，Coinbase Global发布的二季度财报显示，第二季度每股收益达5.14美元，远超去年同期的3600 万美元利润。利润暴增主要源于稳定币供应商Circle 6月IPO表现强劲，为Coinbase带来税前投资收益。 据此前报道，"稳定币第一股"Circle上市10天累计涨超675%， 不过，作为Coinbase主要收入驱动力的总交易量仍实现增长，从去年同期的2260亿美元上升至第二季度 的2370亿美元。这表明尽管交易活动有所增加，但公司从每笔交易中获得的收益率有所下降。 公司将收入环比下滑归因于市场波动性降低。加密货币市场波动通常会刺激更多交易活动，为交易所带 来更高收入。 业务多元化战略加速推进 为推动下一阶段增长，Coinbase表示将致力于成为"全能交易所"，重点关注代币化业务，即将传统金融 和现实世界资产转换为区块链上可交易代币的过程。 公司还在加速业务多元化，最近与摩根大 ...

格隆汇8月1日｜摩根大通将Coinbase目标价从404美元下调至342美元。 ...