Olga Kharif

Olga Kharif is a Senior Reporter at Bloomberg covering crypto. She has reported on Coinbase's recovery, the impact of Bitcoin price fluctuations on demand, and regulatory issues in the cryptocurrency industry. Her work often explores the intersection of technology and finance, providing unique insights into the rapidly evolving world of digital assets.

Biography:  https://www.bloomberg.com/authors/APyzq5YvgSE/olga-kharif

97%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

85%

Examples:

  • Bitcoin made up a third of both consumer and institutional transactions.
  • Coinbase is forecast to have swung back to a profit from a loss in the year-earlier period.
  • The price of Bitcoin increased by 57%, reaching an all-time high of $73,000.

Deceptions

90%

Examples:

  • With the euphoria around the dominant cryptocurrency showing signs of waning in April, analysts are becoming concerned that a further retreat by the notoriously volatile token will curb demand from one of Coinbase's biggest customers - individual investors.

Recent Articles

Coinbase Q1 Earnings Surge: $1.18B Net Income, Bitcoin Transactions Up 93%, Ethereum on Base Brings in $56.1M

Coinbase Q1 Earnings Surge: $1.18B Net Income, Bitcoin Transactions Up 93%, Ethereum on Base Brings in $56.1M

Broke On: Thursday, 02 May 2024 Coinbase reports Q1 earnings of $1.18 billion, driven by a surge in transactions and favorable crypto accounting rules. Bitcoin made up a third of consumer and institutional transactions, with price reaching an all-time high of $73,000 after SEC approval of spot ETFs. Strong revenue growth from consumer and institutional trading led to EBITDA of $1 billion, but transaction expenses increased by 73%. Looking forward to Q2, Coinbase estimates overall expenses up to $890 million due to higher trading volumes and customer support costs.