[Benchmark Lowers Coinbase Earnings Expectations Due to Weak Cryptocurrency Trading] According to a report by Jinse Finance, on July 22, ahead of next week's earnings release, Benchmark lowered its earnings expectations for Coinbase, citing weak cryptocurrency trading performance. However, analysts pointed out that investors have overlooked the 'option value' implied by the Clarity Act — for COIN, the significance of this act could potentially outweigh the company's second-quarter earnings results.