Coinbase Earnings: Crypto Market Woes To Bring Another Difficult Quarter?

Coinbase Earnings: Crypto exchange Coinbase is likely to announce yet another quarterly earnings with dropped revenues, when it will report on Tuesday after market close. The earnings for the quarter ending December 2022 was marked by the shocking collapse of FTX, another crypto exchange. The aftermath of FTX collapse led to a massive drop in crypto transactions as traders preferred to stay away from volatility for a major part of the quarter. Although the crypto market took off to a fresh start in January 2023 with a steady rally, the mounting regulatory concerns stand in the way of Coinbase in the current and upcoming quarters.