Coinbase Reports $667M Loss As Crypto Slump Cuts Revenue
The post Coinbase Reports $667M Loss As Crypto Slump Cuts Revenue appeared on BitcoinEthereumNews.com.
Coinbase closes the fourth quarter with results that underscore the strain sweeping across the digital asset sector. The largest U.S. crypto exchange reports a $667 million net loss, a sharp reversal from the $1.3 billion profit recorded in the same period a year earlier. Revenue drops 20% year-over-year to $1.8 billion, missing market expectations as weaker token prices sap trading activity and investor appetite. The downturn reflects a broader cooling phase in crypto markets, where declining asset valuations translate directly into thinner trading volumes, the core revenue engine for most exchanges. Coinbase’s quarterly statement shows how quickly sentiment can shift in a sector still closely tied to price momentum. After marking down the value of its crypto holdings and strategic investments, the company absorbs substantial unrealized losses, amplifying the headline deficit. The results land at a moment when investors are scrutinizing whether exchanges can sustain growth without relying heavily on volatile trading cycles. Our Q4 and full year 2025 financial results are now live. pic.twitter.com/KtcNr3SrPQ — Coinbase 🛡️ (@coinbase) February 12, 2026 Falling Bitcoin Prices Reshape The Industry The earnings arrive against a backdrop of steep market declines. Bitcoin, the bellwether for the broader digital asset ecosystem, has fallen roughly 50% from its October peak, triggering a rapid adjustment across trading platforms and service providers. Competitors are already moving to cut costs and streamline operations. Gemini announces plans to reduce up to 25% of its workforce while scaling back international expansion. At Kraken, leadership changes emerge as the exchange’s CFO departs following sequential declines in quarterly revenue. Meanwhile, Robinhood discloses a 38% drop in crypto-trading revenue, highlighting the industry-wide contraction. Together, these developments paint a picture of a sector entering a defensive phase, prioritizing efficiency and sustainability over aggressive growth. The synchronized pullback suggests the current cycle is not isolated…
Filed under: News - @ February 14, 2026 7:22 am