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Goldman Sachs says Coinbase may need more job cuts as it downgrades to ‘sell’
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Coinbase has come under more pressure after Goldman Sachs downgraded the embattled crypto exchange’s stock to a ‘sell’ rating and said it may need to make more job cuts.
The firm’s shares fell in pre-market trading on 27 June after the bank said Coinbase’s revenue would likely plummet 61% year-on-year, adding that the company may need to slim down further.
Coinbase...
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