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Coinbase posts profit on robust trading, higher interest income

Investor enthusiasm for crypto was rekindled in recent months by the U.S. Securities and Exchange Commission's (SEC) expected approval of the first spot bitcoin exchange-traded funds (ETFs). That drove a 64% jump in crypto exchange Coinbase's transaction revenue to $529.3 million in the fourth quarter, with both consumer and institutional investors contributing to the rally. In the fourth quarter, revenue from the unit jumped nearly 33% to $375.4 million, with the biggest boost coming from stabl ....

Shinjini Ganguli , Niket Nishant , Coinbase Global , Anild Silva , Us Securities And Exchange Commission , Transaction Revenue ,

COIN pumps 13% ahead of Coinbase earnings call

Coinbase (COIN) stock is up 5% in the last 24 hours, with the surge coming ahead of the firm’s fourth quarter (Q4) earnings call. ....

Jacquelyn Melinek , Bitcoin Etfs , Franklin Templeton , Spot Bitcoin , Invesco Galaxy , Surveillance Sharing Agreement ,

Coinbase rides bitcoin ETF frenzy to first quarterly profit in 2 years

Coinbase posted its first quarterly profit in two years, marking a potential turning point for the largest US cryptocurrency exchange. ....

United States , Sam Bankman , Changpeng Zhao , Brian Armstrong , Exchange Commission , Sam Bankman Fried , Brian Armstrong , Quarterly Earnings , Digital Assets , Cryptocurrency Exchange , Turning Point ,

Coinbase Global Inc (COIN) Reports Resilient Earnings Amidst Market Volatility

Full-Year 2023 Earnings Highlight Strong Subscription Revenue and Operational Discipline ....

United States , Product Development Milestones , Coinbase International Exchange , Coinbase Global Inc , Coinbase Financial Markets , Product Development , Financial Goals , Total Revenue , Product Innovation , Financial Goal , Crypto Regulation ,

Robinhood's Higher Crypto Revenue Could be Positive for Coinbase Earnings

The shares of the popular trading platform rose 15% after beating earnings and revenue estimates. ....

European Union , Funded Customers , Net Deposits , Trading Platform , Trading Volume , Arnings Per Share ,