Coinbase has seen its application download ranking drop to its lowest since April 2017, according to Quartz.

It fell to number 40 on the list of most-downloaded applications finance application in the US in June of this year; in January it was in first place.

Time to buy the dip?

Background

Coinbase, founded in 2012, is a Bitcoin broker, exchange and wallet provider which has its headquarters in San Francisco. It was founded in 2012 and raised millions in funding, including $100 million in August 2017.

By November 2017 it had surpassed 12 million registered users and in ... (read more)