Coinbase's Q2 earnings report is about to be released, with expected revenue of $1.37 billion

ChainCatcher news, Coinbase is set to announce its second-quarter earnings report on Thursday afternoon local time. Due to a pullback from cryptocurrency traders in recent months, this may lead to a decrease in profits for Coinbase Global.

According to analyst estimates compiled by FactSet, Coinbase is expected to report a second-quarter earnings per share of 94 cents and revenue of $1.37 billion after the market closes on Thursday.