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Coinbase crushes Q3 estimates as crypto market boom fuels revenue

Q3 net revenue hit $1.79 billion, up from $1.13 billion a year ago. Profits soared to $433 million, compared to just $75.5 million last year. Transaction fee revenue jumped 83% to $1 billion amid a crypto market upswing. A surging crypto market powered Coinbase Global to a stronger-than-expected third quarter, with the exchange reporting significant [...]The post Coinbase crushes Q3 estimates as crypto market boom fuels revenue appeared first on CoinJournal.

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