Coinbase Global Inc. reported revenue of $2.03 billion for the first quarter of 2025, marking a 24% year-over-year increase. While the result reflects significant growth amid a recovering cryptocurrency market, it came in just under analysts’ expectations of $2.1 billion. The earnings miss led to a 3% decline in Coinbase shares during after-hours trading, underscoring investor sensitivity to performance metrics in the volatile digital asset space. The revenue figures reflect a shifting landscape in Coinbase’s core business. Transaction-based income, once the company’s primary revenue stream, decreased 19% from the ... (full story)