Coinbase Q3 Earnings Beat Forecasts as Base Token Potential Emerges
The post Coinbase Q3 Earnings Beat Forecasts as Base Token Potential Emerges appeared on BitcoinEthereumNews.com.
COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → Coinbase reported $1.9 billion in Q3 2024 revenue, marking a 26% increase from the previous quarter and surpassing analyst expectations of $1.8 billion. This growth was driven by surging Bitcoin and Ethereum prices, higher transaction volumes, and expanded services like stablecoin revenue and the Base network. Coinbase’s Q3 net income reached $433 million, down from $1.4 billion in Q2 but up significantly from $75 million a year earlier. Transaction revenue jumped 37% quarter-over-quarter to $1 billion, fueled by institutional trading and crypto market highs. Stablecoin revenue grew 43% year-over-year to $355 million, with Base leading layer-2 networks in stablecoin adoption at $4.6 billion, per DeFiLlama data. Coinbase Q3 revenue hits $1.9B, exceeding forecasts amid crypto surge. Explore Base token plans and earnings details for investment insights—stay ahead in the evolving crypto landscape today. What was Coinbase’s Q3 2024 revenue and key financial highlights? Coinbase Q3 revenue totaled $1.9 billion for the quarter ended September 30, 2024, reflecting a 26% rise from the prior quarter and beating Wall Street estimates of $1.8 billion, as reported by Yahoo Finance. Earnings per…
