Coinbase Q3 earnings: Regulatory clarity is all we need. And a miracle or two (Patreon)

Amy and I wrote up Coinbase’s 10-Q and earnings call for the third quarter of 2023. It’s over at Amy’s.  

It’s been nearly two years since Coinbase turned a profit. Things  have only worsened since the previous quarter. The bubble burst in May  2022 — and the customers just got up and left.

This is why Coinbase is so insistent on trading blatant unregistered  securities  — it’s all they have left for a business model.

Coinbase are screwed and they know it. This 10-Q is a prayer for a miracle.