Actions of the Tavern Jump 8% as reported that income has won expectations

The actions in us Cripto Exchange Coinbase jumped over 8% on Thursday after the company published stronger earnings from K4.

Criptocurrenci Stock Exchange Coin They saw that his actions jump 8.44% to 298.11 on Thursday, 13. February, after reporting the strongest quarterly income in three years.

According to his x4 2024 Earnings ReportCoinbase generated $ 2.3 billion in revenue, an increase of 138% from 2023. years, beating an estimate of $ 1.88 billion from analysts in LSEG. Net income hit $ 1.3 billion, while salary per share came in $ 4.68, surpassing and $ 2.11 forecast In terms of and $ 1.81 expected from LSEG.

The Stock Exchange says that its growth was created due to the increase in trading activities and shift in the regulatory landscape.

“Zoom, in recent months, they showed a change of sea in a regulatory environment, unlocking new opportunities for coinbass and crypto industry.”

Coin

The transaction revenations hit $ 1.6 billion, compared to 172% of the previous quarter, while revenues and revenues from services grew at $ 641 million.

KOINBASE is rebelled about its future, inviting the last regulatory changes under Trump administration “Dawn of the New Eer for CRIPTO.” The company says “doubles about what we always focused on:” With plans to enhance stablecoin, they grow its layer-2 network Baseand expand your crypt’s payment.

“You will see us at the same time we work hard to bring more people orchain through products like our leading basis of the platform of our leading layers, smartvallet and platform for coinbase developers.”

Coin

However, the challenges remain. StableCoin transaction fees fell 9% quarter-quarter of $ 226 million, but coinbass says partnerships and new products will help things balances. With a large K4 behind him, the company sees a “unseen opportunity” in advance – if market conditions and regulations remain favorable.