Even as BTC has remained range-bound in recent weeks below its peak, Coinbase’s early 2025 numbers appear to be strong

We’re about a third of the way into earnings season and results have been fairly solid

Revenue estimates for the third quarter come in at $33 billion, which would be an 83% increase from the prior year

Several big companies report third quarter earnings this week, likely moving markets

Thursday’s selloff was led by tech stocks, triggered by disappointing outlooks from giants Meta and Microsoft

Coinbase’s final total for Q3: $331 billion, the equivalent of 15% of the total crypto market cap at the time

Five of the Mag 7 companies are slated to report earnings this week, while 169 companies in the S&P 500 are due to publish quarterly results

Plus, the highlights from Q3 earnings reports so far

Plus, how specific will Harris and Trump get about crypto policy before the election? An industry expert weighs in

Plus, a breakdown of July’s disappointing jobs report

Coinbase reported its second-quarter earnings on Thursday

Plus, unpacking the real point of interest from the latest FOMC statement

Tether also claims its USDT is fully backed and overcollaterized by at least $5.3 billion, as of June 30 2024

Robinhood has it tough to follow record earnings in the first quarter, which also saw bitcoin set a new all-time high

Analysts call crypto exchange’s stock “underappreciated” with focus on latest trading volumes, current regulations

Has crypto changed from 2021?

The crypto exchange’s ability to cross-sell its products is its “superpower,” Bitwise’s Alyssa Choo says

Coinbase’s stablecoin revenue jumped 15% quarter over quarter

The profits were driven by interest earned on US Treasury holdings, as well as market gains on bitcoin and gold

Higher trading volumes and stablecoin revenue are set to drive sizeable quarter-over-quarter improvements, analysts say

The “fastest-growing ETF in history” has seen net inflows on every trading day since its Jan. 11 launch

Bitcoin has “a whole new set of salespeople” after the ETF approvals, Galaxy Digital’s CEO says — though “the rest of crypto is still a regulatory tug of war”

Last month’s crypto-related trade volumes via the investment app were roughly five times those seen in September 2023

Company execs say it plans to draw from its $1 billion in unrestricted cash and BTC to take advantage of opportunities around the bitcoin halving

The stock price jump comes after Coinbase reported ending its seven-quarter run of net losses during the fourth quarter