Best of Bloomberg Intelligence (08/22/2022)

The video discusses the current state of the crypto winter and Coinbase's strategies to navigate it. Paul Goldberg from Bloomberg Intelligence provides insights into user activity, institutional investments, and the company's balance sheet. He highlights potential recovery catalysts, including regulatory developments and additional services. The discussion also covers Coinbase's regulatory diligence and profitability levers, emphasizing cost management in a prolonged bear market.

What is the current guidance for monthly transaction users at Coinbase?

• 7 to 9 million users

• 10 to 12 billion users

• 5 to 7 million users

• 9 to 11 billion users

Which recent development is considered a positive move for Coinbase?

• Collaboration with Amazon

• Acquisition of Binance

• Deal with BlackRock

• Partnership with Google

What might drive increased activity for Coinbase according to the second section?

• Expansion into new markets

• Introduction of new cryptocurrencies

• Reduction in transaction fees

• Development of additional services requiring tokens

How does Coinbase approach regulatory pressures?

• By focusing on compliance

• By acquiring more licenses

• By ignoring them

• By lobbying against regulations

What is a key lever for Coinbase to improve profitability in a bear market?

• Increasing marketing spend

• Expanding workforce

• Raising transaction fees

• Reducing costs