Coinbase
Coinbase Posts $1.9B in Q2 Transaction Revenue, Beating Estimates
Coinbase posted $1.9 billion in transaction revenue in the second quarter of 2021, surpassing analyst estimates for $1.57 billion in its second-ever earnings report as a public company. The crypto exchange also noted ether was traded more than bitcoin in Q2 for the first time. CoinDesk's Nate DiCamillo digs into the report and reveals about the outlook for Coinbase and the wider industry. Plus, his insights into the latest Consumer Price Index (CPI) numbers.
Coinbase Stock Up More Than 8% After Record Quarter
The exchange posted earnings on Tuesday after the stock market close that beat analysts' estimates.
Research Firm Says Coinbase 'Overvalued' as Competition Heats Up
On firm says Coinbase investors should be wary, predicting the crypto exchange won't maintain "blowout earnings" in the future.
PNC Bank Planning Crypto Offering With Coinbase
A source said PNC, the fifth-largest bank in the U.S., plans to offer crypto investment services to clients.
Coinbase Rakes In $1.9B in Transaction Revenue in Q2, Beating Estimates
The largest cryptocurrency exchange in the U.S. warned, however, that its number of monthly transacting users and trading volume would be lower in the third quarter.
Coinbase’s Second-Quarter Earnings Report: Here’s What You Need to Know
Investors will be watching to see how much Coinbase has earned on the strong retail trading volumes experienced in Q2.
Ex-SEC Director Brett Redfearn Leaves Coinbase After 4 Months
The departure of Coinbase's VP of capital markets points to a strategy shift within the publicly traded crypto exchange.
Tesla's Musk Urges Lawmakers Weighing Infrastructure Bill's Tax Provision Not to Pick Crypto 'Winners or Losers'
The car company's CEO responded via Twitter to a thread by Coinbase CEO Brian Armstrong, who has been critical of the tax provision and a late amendment to it.
Market Wrap: Bitcoin Rallies Above $42K as Bull Market Continues
Some analysts are optimistic about the broad crypto rally and see further upside, especially for ether.
Coinbase Is Expanding Its Payment and Cash-Out Methods
users with any Visa or Mastercard debit card linked in their Apple Wallets will automatically have Apple Pay appear as a payment method when transacting with Coinbase on their cellphones.
