Coinbase Revenue Up but Key Metric Down as Bitcoin and Crypto Markets Rally; SBF Trial Verdict Possible Soon
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Coinbase earnings Revenue up 14% but key trading volume metric declined. Stock fell over 6% after hours.
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Coinbase launches crypto futures trading for U.S. retail investors. Lets users bet on future bitcoin, ether price moves.
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Bitcoin rallied to $35.9K overnight, up over 50% in 2023 so far. Ethereum near $1,800.
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Jury deliberations begin in trial of FTX founder Sam Bankman-Fried. Verdict possible Thursday afternoon.
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SBF denies fraud but admits mistakes. Faces up to 115 years if convicted on all charges.
