Just In: Coinbase CEO Expects Revenue To Fall By Over 50% In 2022

Leading cryptocurrency exchange Coinbaseanticipates a sharp decline in revenue this year. As a result of falling prices and the collapse of a competing exchange FTX, investors’ confidence has been shaken, according to Coinbase CEO Brian Armstrong. This could result in a revenue decrease of almost 50% or more in 2022 in comparison to the previous year.