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In 2021, when the last crypto bull market raged and the company first went public, Coinbase rode the crypto hype train to notch almost $7.4 billion in revenue and $3.6 billion in net income. Its ...
Coinbase rode the post-Trump fervor to notch one of its best years on record since the crypto exchange went public in 2021. However, the publicly traded crypto exchange reported about $750 million ...
The market had forecast $1.36 earnings per share and Coinbase achieved more than three times that amount at $4.68. It’s incredibly rare to see a company smash forecasts on that grand a scale.
Coinbase Global, Inc. is an American technology company. [4] Founded in 2012 by Brian Armstrong, [1] it operates the largest U.S. based cryptocurrency exchange. [5] As of 2024, Coinbase has 108 million users and is the world's biggest bitcoin custodian, holding 12% of the total supply and managing over US$400 billion in assets.
Coinbase's recent drop may look like a setback, but behind the dip lies a golden opportunity for investors willing to see the big picture. ... crypto is still firmly in a bull market.
The Coinbase 50 Index is market-cap weighted and will be rebalanced on a quarterly basis. ... As of November 2024, the global crypto market cap stood at about $2.95 trillion, while Bitcoin’s ...
At the peak of the last bull market, Coinbase processed nearly $550 billion of trading volume in Q4 2021. Today, with the crypto market recovering but still far from the highs of the last cycle ...
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 ...
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