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Exchange Coinbase Rallies Ahead of Q2 Results, but Major Questions Remain

From coindesk.com

Coinbase Global's (COIN) second-quarter earnings, due after the market close on Tuesday afternoon, are expected to reflect continued challenging crypto market conditions. Wall Street is bracing for another sequential decline in the crypto exchange's trading volumes as retail demand fades further during the current cryptocurrency bear market. The company will also face concerns surrounding cost controls and a recent Securities and Exchange Commission (SEC) probe into certain listings. The question at hand, though, is how much this has been priced into a stock that at its worst levels was recently down nearly 90% from ... (full story)

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