The income of the waite drops more than 130% of the posterelection cripto Rally

Coin On Thursday has been reported better than expected Results of the fourth quarter And his greatest quarterly income was strengthened by the Ralling posteless gathering, which eventually last year last year last year at the end of last year we acted the prices of Kripps on the new high levels last year.

Livestock rose by 2% in extended trading.

Here’s what the company reported the fourth quarter compared to what Wall Street expected, according to the research of analysts by LSEG:

• Earnings per share: $ 4.68 in relation to $ 1.81
• Revenue: 2.27 billion dollars expected versus $ 1.88 billion

Coinbase, which operates the largest US market for the purchase and sale of cryptocurries, reported $ 1.3 billion, or 4.68 dollars per share, compared to $ 273 million, or $ 1.04 in the same period a year ago in the same period.

He also published revenue of $ 2.3 billion, compared to 953.8 million dollars in the same period a year ago. The revenues from the transaction came in the amount of 1.56 billion dollars, beating an analyst of $ 1.29 billion, towards the streets.

The total trading volume amounted to 439 billion dollars, more than 185% of the overdue year. Volume for consumer trading increased 224% of the same period a year ago, while the volume of institutional trading increased by 176%.

“Most of the storage volume growth is moved higher levels of CRIPTO ASST volatility – especially in K1 and K4 – as well as higher average cropto assets,” the company in his letters of shareholders said. “Two primary factors in K1’24 were launching these stronger macroeconomic factors in K1’24 and elections pro-crypto president and congress in K4’24 and associated expectations of regulatory clarity – both. In an elevated plot . “

This is the breaking of the news. Please return for updates.