Advertisement
UK markets open in 1 hour 13 minutes
  • NIKKEI 225

    38,404.69
    +852.53 (+2.27%)
     
  • HANG SENG

    17,153.56
    +324.63 (+1.93%)
     
  • CRUDE OIL

    83.54
    +0.18 (+0.22%)
     
  • GOLD FUTURES

    2,342.30
    +0.20 (+0.01%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • Bitcoin GBP

    53,585.35
    +144.97 (+0.27%)
     
  • CMC Crypto 200

    1,438.96
    +24.20 (+1.71%)
     
  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     
  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     

You Won't Believe What Coinbase's CEO Said

You Won't Believe What Coinbase's CEO Said

After closing at an all-time high price of $357.39 in November last year, shares of leading U.S. cryptocurrency brokerage and exchange business Coinbase Global (NASDAQ: COIN) have plunged 82%. "I'd like to get to a place where more than 50% of our revenue is subscription and services," Armstrong said during a recent CNBC interview. In the second quarter, Coinbase's subscription and services revenue was $147.4 million.