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Here's why Coinbase stock soared in November. Weak earnings, saved by a crypto election ... With a market cap of $77 billion, buying shares of Coinbase today is a bet on future growth for the company.
Shares of cryptocurrency company Coinbase Global (NASDAQ: COIN) jumped 42.8% in 2024, according to data provided by S&P Global Market Intelligence. The obvious catalyst for Coinbase were the big ...
Coinbase looks expensive, but it's hard to tell There appears to be a lot of optimism baked into Coinbase's share price, with shares going for 43 times trailing earnings, even with Bitcoin at all ...
Active trading markets and rising Bitcoin prices have boosted the crypto exchange operator.
Coinbase, the largest crypto exchange which had a blockbuster IPO last month, reported its first earnings ever today as a public company. The company tripled its revenue in the quarter, which was ...
Coinbase cashed in for the final quarter of 2024. Shares of the crypto exchange fell slightly to $295.18 each in premarket trading on Friday, despite a better-than-expected earnings report the ...
Coinbase also posted significant revenue from stablecoins and blockchain rewards. The crypto exchange has a revenue-sharing agreement with Circle, the issuer of USDC, the second-largest stablecoin ...
The bull run continues for cryptocurrencies.