Flash News

Benchmark reduced his profit expectations for Coinbase because of the weakness of encrypted money transactions

On 22 July, before the release of the financial statements next week, Benchmark reduced the profit expectations of Coinbase on the grounds that the encrypted currency transactions were weak. However, analysts point out that investors ignore the “sovereign value” implicit in the Clarity Act - For US$COIN, the bill may be more significant than the financial results of the second quarter of the company。

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