Coinbase earnings top estimates
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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.
Shares of Coinbase are trading lower Thursday afternoon as investors await the company's third-quarter earnings release.
Coinbase has hit back at Senator Chris Murphy after he accused the crypto exchange of buying Trump’s political favor.
Coinbase has pushed back against the senator's allegations that its Trump ballroom donation was tied to regulatory favors
Coinbase Global Inc (CRYPTO: COIN) shares are trading higher on Friday after the company reported third-quarter financial results that exceeded analyst expectations on both earnings and revenue.