Quick Read

• COIN has missed revenue expectations three quarters in a row, with Q2 revenue hitting $1.22B against a $1.29B consensus.

• Analysts slashed Q3 EPS estimates from $0.43 to -$0.22 in 90 days, giving Coinbase a much lower bar to clear.

• Coinbase cut staff by 14% and prediction markets revenue surpassed $100M annualized as part of its ‘Everything Exchange’ push.

• It sounds nuts, but SoFi is giving new Active Invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)

Coinbase (NASDAQ:COIN) reports third-quarter results Oct. 29 after the bell. It has missed revenue expectations three quarters in a row, so the…