Eric Balchunas

Coinbase loses $400 million, 1.5 million customers and 14% of staff
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8 May, 2026

Coinbase loses $400 million, 1.5 million customers and 14% of staff

Coinbase faces a $394M loss as memecoin traders exit, AI-driven layoffs grow, and USDC revenue faces mounting pressure.
Bullish Global first earnings report; SEC unleashes crypto ETFs
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18 September, 2025

Bullish Global first earnings report; SEC unleashes crypto ETFs

Bullish Global reports Q2 earnings with an "adjusted net loss" of $6M and a new NY BitLicense, while market structure...