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Coinbase (COIN) Revenue, Trading Outlook Hit by Tariff Tensions: Oppenheimer

Summary by Coin Desk
Crypto exchange Coinbase (COIN) is facing a weaker outlook as uncertainties introduced by President Donald Trump’s on-and-off tariff threats cast a shadow over retail crypto activity, analysts at Oppenheimer wrote in a report.The investment bank cut its full-year trading volume forecast by 19% to $1.3 trillion and its first-quarter estimate to $380 billion, down 13% from the previous quarter as the appetite for risk declined.Despite a generally …

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criptomania.com broke the news in on Wednesday, April 16, 2025.
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