Coinbase (COIN) option implied volatility amid Bitcoin trades below $24,000
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Coinbase (COIN) Trades at 'Stratospheric Valuation' Says Jim Chanos - CNBC
August 23, 2022 3:17 PM EDTSpeaking to CNBC on Tuesday, famed short-seller Jim Chanos, who in March said he was betting against Coinbase (NASDAQ: COIN), said the cryptocurrency exchange's services and subscriptions are not growing.
Chanos previously said he expected fees to be compressed as competition in the crypto trading space increased. However, Coinbase CEO Brian Armstrong said to date, they haven't seen fee compression.
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