Coinbase’s solid Q2 earnings might get derailed by regulatory headwinds & market volatility 👀📊; Block's Q2 2024 is Tale of Two Ecosystems: Cash App supremacy masks Square stagnation 😳📱

FinTech is Eating the World, 2 August

Hey Everyone,

Good day & happy Saturday! Due to a difficult schedule, we’re ending another great FinTech week on Saturday but it’s absolutely worth the wait as today’s focus is 100% on two FinTech giants 😎 We’re going to take a deep dive into crypto pioneer’s Coinbase latest financials (breaking down the key numbers, what they mean, & whether Coinbase is worth your time and money in 2024 + lots of bonus dives inside) and analyze Block’s Q2 2024 (what the tale of two ecosystems is all about & what’s next for Block + some bonus deep dives). Let’s just jump straight into the best issue yet 🌶

Coinbase’s solid Q2 earnings might get derailed by regulatory headwinds and market volatility 👀📊

Earnings time 🤑 Crypto giant Coinbase COIN 0.00%↑ just reported better-than-expected second-quarter earnings but saw a strong downtick in revenue from transaction fees, its main source of income.

In a nutshell, the leading cryptocurrency exchange in the United States presents a complex investment case that demands scrutiny as the company's Q2 2024 results reveal both resilience and vulnerabilities in a highly volatile market.

Let’s take a deep dive into this, break down the key numbers, what they mean, and see whether Coinbase is worth your time and money in 2024.