Reported 27 days ago
Coinbase Global reported a remarkable revenue of $2.27 billion and earnings of $4.68 per share, surpassing fourth-quarter expectations, despite a decline in shares. Analysts attribute this growth to a broader seismic shift in the cryptocurrency space, especially following a post-election rally in bitcoin linked to President Trump's 2024 victory. This shift is expected to enhance blockchain adoption, supported by a favorable regulatory environment.
Source: YAHOO