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ZyCrypto 2023-05-17 11:45:41

Coinbase (COIN) Stays Solid Despite Reporting Multimillion-Dollar Losses

On May 5th, Coinbase shares increased by 18.33%, despite the company’s latest revenue report for the first quarter of 2023, which showed multimillion-dollar losses despite the rise in Bitcoin prices. According to Coinbase’s report, the company registered a loss of $79 million, which was much lower than expected compared to the first quarter of 2022,

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