Robinhood Shares Jump in Premarket Trading After Blowout February Activity Levels
Submitted by Anonymous (not verified) on Thu, 03/14/2024 - 12:00Crypto trading volume grew 10% month-on-month to $6.5 billion, the company said.
Crypto trading volume grew 10% month-on-month to $6.5 billion, the company said.
The company sold 56% of its mined bitcoin during the fourth quarter to fund operating costs.
The company sold 56% of its mined bitcoin during the fourth quarter to fund operating costs.
The miner is expected to report a "strong acceleration in Q/Q revenue growth" due to a rally in bitcoin prices, said a Jefferies analyst.
The miner is expected to report a "strong acceleration in Q/Q revenue growth" due to a rally in bitcoin prices, said a Jefferies analyst.
Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs).
Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs).
Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.
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