Reported 27 days ago
Coinbase's earnings for the last quarter of 2024 exceeded expectations, with a transaction revenue of $1.556 billion, marking a significant increase since 2021. Although the company's stock saw a slight decline in pre-market trading due to conservative guidance for the first quarter, analysts believe the bullish regulatory environment under Trump's administration could lead to further surprises. Coinbase emphasized its policy priorities, including stablecoins and market structure, in the context of a supportive US Congress for crypto legislation.
Source: YAHOO