Crypto Trading Slows Down: Coinbase Reports Another Big Loss
Coinbase reports losses as crypto trading drops, revenue falls, layoffs hit 700 jobs, and shares decline amid weak market in 2026.
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Coinbase Announces 2026 Layoffs: 700 Employees Let Go in Major Restructuring
Coinbase is cutting 700 jobs (14%) to save money and prepare for AI. Costs $50–60M, mostly severance, done by June 2026.
Strongest Quarter Yet: Schwab Smashes Records and Goes All-In on Crypto as Shares Dip
Schwab had strong Q1 2026 results, with higher revenue, profits, and client growth. It will soon offer Bitcoin and Ethereum trading. Shares fell due to net interest revenue coming in slightly below Wall Street expectations.
Kalshi, Polymarket & Robinhood: Inside the Prediction Market Surge
Prediction markets are booming fast, with huge growth expected to $1T by 2030 as betting on real events goes mainstream.
Rosenblatt Downgrades Bullish to Neutral as Stock Hits Valuation Limit
Rosenblatt downgraded Bullish to Neutral, citing its rich valuation. A collapse in crypto activity adds further pressure.
Better Home & Finance Stock Rises on New Crypto Mortgage Deal
Better Home & Finance partners with Coinbase to let you pledge Bitcoin or USDC as collateral for your down payment — without selling your crypto. Fannie Mae-backed mortgages now make it easier for crypto owners to buy a home.