Coinbase Analysts Turn More Bullish on Crypto Exchange After Earnings Beat; Shares Climb
Submitted by Anonymous (not verified) on Fri, 02/16/2024 - 16:30Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.
Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.
Coinbase is expected to report strong revenue numbers, given an uptick in crypto trading volume towards the end of 2023.
Coinbase is expected to report strong revenue numbers, given an uptick in crypto trading volume towards the end of 2023.
The shares of the popular trading platform rose 15% after beating earnings and revenue estimates.
The shares of the popular trading platform rose 15% after beating earnings and revenue estimates.
The bank took over defunct Signature Bank's non crypto-related deposits last year.
The bank took over defunct Signature Bank's non crypto-related deposits last year.
The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations.
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