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Seeking Alpha 2022-05-12 19:37:31

Coinbase: Be Greedy During The Crypto Market Crash

Coinbase lost $430 million in Q1 2022 during the crypto bear market due to lower trading volume and revenue.Several headwinds have surrounded the company, including a shelf offering and a new bankruptcy disclosure that potentially puts user assets at risk.Coinbase still managed to reach nearly 100 million verified users and will bounce back quickly once the crypto market bottoms at the end of 2022.

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