Coinbase shares rise on strong quarterly results
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Coinbase executives highlighted the Everything Exchange, recent acquisitions, and payments as key growth areas.
Coinbase reported quarterly results on Thursday that showed it rode the wave of crypto enthusiasm in the quarter.
Though Compass Point’s Ed Engel expected Coinbase's third-quarter earnings to beat expectations, he maintained a “Sell” rating on the stock. Investors may be underestimating the impact of USDC and staking payouts hollowing profits, he shared his concern.
The banking behemoth Citi has brought Coinbase on board to help its institutional clients convert fiat currency to crypto.
Coinbase has pushed back against the senator's allegations that its Trump ballroom donation was tied to regulatory favors
Coinbase's chief policy officer pushed back against many of the claims leveled by Senator Chris Murphy, including a quid pro quo relationship between Donald Trump and the exchange.
Coinbase has hit back at Senator Chris Murphy after he accused the crypto exchange of buying Trump’s political favor.
CEO Brian Armstrong reported "another great quarter for Coinbase," highlighting strong financial performance and ongoing execution on the company's "Everything Exchange" strategy. Armstrong emphasized that "our strong financial performance in Q3 was driven ...