Crypto Portfolio Update
Crypto Portfolio Update
The Market Is Correcting And We See A Panic Situation Currently
The Popular Trading App Recorded Revenue Of $365 Million, A 35% Drop Versus $565 Million During The Prior Quarter. On A Year-Over-Year Basis, Revenue Climbed 35% From $270 Million In The Third Quarter Of 2020.
The Revenue The Company Earns From Routing Customers’ Trades To High-Speed Trading Firms—A Practice Known As Payment For Order Flow—Was $267 Million During The Quarter, Down About 41% From The Preceding Quarter But Up 32% Year-Over-Year.
If You Notice They Are Still Up On Year On Year Basis, Not Only That Crypto-Assets Gave Them A Lot Of New Users. Don’t Think Short Term Think Long Term