Odaily Planet Daily News: Wall Street analysts expect that the spot trading volume of Coinbase (COIN) will continue to slow down in the third quarter, partly due to the lack of catalysts in the cryptocurrency market and the uncertain regulatory environment ahead of the presidential election. According to FactSet estimates, when Coinbase announces its earnings after the market closes on Wednesday, third-quarter revenue is expected to decline by about 13%, from $1.45 billion in the previous quarter to $1.26 billion. At the same time, earnings per share (EPS) is expected to be $0.46, up from $0.14 in the second quarter. Barclays analyst Benjamin Buddish wrote in a report: 'This quarter, Coinbase's trading volume remains weak, primarily due to weak retail trading revenue.' He rated the stock as equal weight and raised its target price from $169 to $175, while also lowering the third-quarter EPS expectation from $1.62 to $1.05. (CoinDesk)