Market News Coinbase Reports $719M Profit Despite Revenue Decline in Q3
#Coinbase reports $719 million in Q3 net income despite a 35% revenue decline, as trading market share and #predictionmarkets expand.
Timothy Munene •
Market News #Coinbase reports $719 million in Q3 net income despite a 35% revenue decline, as trading market share and #predictionmarkets expand.
Market News #Hyperliquid generated $38 million from outsourced revenue streams as #Coinbase’s #USDC reserve deal and institutional partnerships diversify its income.
Market News #Ripple and #Coinbase expand #RLUSD access across #XRPL, #Ethereum and #Base, adding #stablecoin trading, institutional services and liquidity support.
Market News #Coinbase will convert remaining balances of 14 restricted #cryptoassets for #EEA retail customers on October 30 under #EU #MiCA rules.
Market News The #CFTC explores AI-powered trading as #Ripple, #Coinbase and other #cryptofirms seek clearer #SEC rules amid stalled U.S. #crypto legislation.
Market News #Coinbase and #Citi are expanding #stablecoin payments for global businesses, combining Coinbase infrastructure with Citi’s regulated banking services.
Market News #Coinbase Derivatives seeks #CFTC approval for cash-settled perpetual futures tied to U.S. stocks and #ETFs, expanding its derivatives offering.
News #Coinbase and #Grayscale say U.S. crypto regulation could advance without #CLARITY as agencies pursue separate rules ahead of the #Senate vote.
News #Base creator #JessePollak defended #Coinbase's #Ethereum holdings, highlighting its contributions to #Base, Ethereum development, and the ecosystem.
Market News #Ethereum whale activity has been climbing as 30,000 #ETH exited #Coinbase Prime, and data on the derivatives market revealed high leverage and liquidation risk.
News Doctor Profit says #Circle, #Coinbase and #Ethereum are positioned to benefit from #tokenization, #stablecoins and growing U.S. crypto rules.
News #Coinbase posted record trading share in #Q2 as #USDC balances grew, #predictionmarkets expanded, and #AIfinance became a key focus.