Coinbase shares take hit on quarterly loss, analysts back diversification strategy

July 31 : Shares of Coinbase Global slipped 5.6 per cent in premarket trading on Friday after a third straight quarterly loss, though analysts expect strong fundamentals and business diversity to cushion it from a crypto cycle downturn. The cryptocurrency market lost significant value in recent sessions, with bitcoin f

Crypto exchange Coinbase logs third straight quarterly loss on trading slowdown  Reuters