The Block (@TheBlockCo): THE BLOCK: Benchmark cut its Coinbase earnings estimates ahead of next week's results, citing a "soft crypto trading quarter."
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THE BLOCK: Benchmark cut its Coinbase earnings estimates ahead of next week's results, citing a "soft crypto trading quarter." Still, analysts say investors are overlooking the "option value" of the Clarity Act, which could be more important for $COIN than the company's Q2 results.