Coinbase Rises as Earnings Look Promising. And Dogecoin Is Coming.

Coinbase Global reported booming first-quarter earnings and revenue that were mostly in line with projections the company had made in April. The company clearly benefited from the frenzy for all things crypto in the quarter, its first since going public last month.

But the headline numbers may not be what moves the stock. The company’s guidance, and some details of the release, could have a bigger impact. What the release showed is that Coinbase’s growth is continuing to rise in the second quarter, but it’s having trouble…