Coinbase shares fall after first-quarter revenue misses Wall Street estimates
1. Coinbase's Q1 revenue missed Wall Street expectations despite stablecoin growth. 2. Transaction revenue was $1.26 billion; consumer trading volume fell 17%. 3. Coinbase plans to acquire Deribit for $2.9 billion, a major crypto deal. 4. Stablecoin revenue growth may be offset by lower blockchain rewards this quarter. 5. Shares are down nearly 17% year to date, indicating market volatility.