etc.
Second paragraph: "Revenue mix tilts away from Bitcoin" - heading: "Inntektsmiksen vippes bort fra Bitcoin" or "Inntektssammensetningen dreier bort fra Bitcoin". I'll use "Inntektssammensetningen dreier bort fra Bitcoin".
Then content: "Non-Bitcoin spot trading now accounts for 88% of Coinbase's net revenue, up from 45% in the same period four years ago. That shift helped cushion the blow from a broader market downturn: industry-wide spot volume fell 25% quarter-over-quarter, but Coinbase's consumer transaction revenue declined only 20% — a sign it's holding up better than peers. Consumer spot volume fell 24%, but the revenue drop was shallower, suggesting the exchange is capturing higher-margin trades on altcoins and memecoins."
Norwegian: "Spothandel utenom Bitcoin utgjør nå 88 % av Coinbases nettoinntekter, opp fra 45 % i samme periode for fire år siden. Dette skiftet bidro til å dempe slaget fra en bredere markedssvikt: bransjeomfattende spotvolum falt 25 % kvartal over kvartal, men Coinbases forbrukertransaksjonsinntekter falt bare 20 % – et tegn på at de holder seg bedre enn konkurrentene. Forbrukerens spotvolum falt 24 %, men inntektsfallet var grunnere, noe som tyder på at børsen fanger opp høyere marginhandel på altcoins og memecoins."
Third paragraph: "Derivatives and prediction markets buck the trend" - heading: "Derivater og prediksjonsmarkeder går mot strømmen"
Content: "While the broader derivatives market shrank about 12% in Q2, Coinbase's derivatives volume held roughly flat. The exchange's share of the derivatives market hit a record for the third straight quarter. Trailing-twelve-month derivatives volume now exceeds $4.2 trillion. The company's $2.9 billion acquisition of Deribit, plus a CFTC no-action letter in May that clears the way for regulated perpetual futures to U.S. customers, positions it to grow further. Prediction markets also posted a standout quarter, growing 106% quarter-over-quarter and crossing a $100 million annualized run rate."
Norwegian: "Mens det bredere derivatmarkedet krympet med omtrent 12 % i andre kvartal, holdt Coinbases derivatvolum seg omtrent uendret. Børsens andel av derivatmarkedet nådde en rekord for tredje kvartal på rad. Rullerende tolv måneders derivatvolum overstiger nå 4,2 billioner dollar. Selskapets oppkjøp av Deribit for 2,9 milliarder dollar, pluss et CFTC no-action-brev i mai som baner vei for regulerte perpetual futures for amerikanske kunder, posisjonerer dem for videre vekst. Prediksjonsmarkeder leverte også et sterkt kvartal, med en vekst på 106 % kvartal over kvartal og passerte en årlig inntektsrate på 100 millioner dollar."
Note: "billioner" in Norwegian is trillion? Actually, in Norwegian, "billion" means billion (10^9) and "trillion" means trillion (10^12). But the original says "$4.2 trillion" which is 4.2 trillion US dollars. In Norwegian, we say "4,2 billioner" for trillion? Wait: In Norwegian, "billion" = 10^9, "trillion" = 10^12. So 4.2 trillion is 4.2 billioner? No, that's confusing. Actually, in Norwegian, "milliard" = 10^9, "billion" = 10^12. So 1 billion (US) = 1 milliard. 1 trillion (US) = 1 billion (Norwegian). So we need to be careful: The original says "$4.2 trillion" which is 4.2 * 10^12. In Norwegian, that is "4,2 billioner" (since billion in Norwegian is 10^12). But to avoid confusion, we might write "4,2 billioner dollar" but that could be misunderstood. Alternatively, we can write "4,2 trillioner" but that is not standard. Actually, the standard in Norwegian is to use "billion" for 10^12 and "milliard" for 10^9. So we should convert: 4.2 trillion = 4.2 billioner (Norwegian). But the original also has "$1.22 billion" which is 1.22 * 10^9, so that is 1,22 milliarder. So we need to use "milliarder" for billion and "billioner" for trillion. So for "$4.2 trillion", we write "4,2 billioner dollar". However, in the context of crypto, they might use "trillion" as is, but to be accurate, we'll use the Norwegian convention. I'll check: The original says "Trailing-twelve-month derivatives volume now exceeds $4.2 trillion." So we write "overstiger 4,2 billioner dollar" (since billion in Norwegian is 10^12). Also "$2.9 billion" is 2.9 milliarder. So we'll use "milliarder" for billion.
Also "CFTC no-action letter" - we can keep as "CFTC no-action-brev" or "CFTCs no-action-brev". I'll keep "CFTC no-action-brev".
Fourth paragraph: "Stablecoin revenue dips but USDC holdings swell" - heading: "Stablecoin-inntektene synker, men USDC-beholdningen øker"
Content: "Stablecoin revenue slipped to $292 million from $305 million, but the average amount of USDC held on Coinbase hit $20 billion — up 44% year-over-year. That growth in stablecoin deposits provides a low-cost base for lending and staking, even as subscription and services revenue overall fell 5% to $555 million. Assets on the platform dropped to $245.9 billion from $294 billion, reflecting the broader market decline: Bitcoin lost roughly 14% in Q2, while Ethereum fell about 25%."
Norwegian: "Stablecoin-inntektene falt til 292 millioner dollar fra 305 millioner
