Coinbase’s Post

The numbers speak volumes about Coinbase’s growth and the maturity of the crypto market. $1.2B in total revenue, with $556M from subscription and services; $75M in net income, proving resilience in a volatile market; $8.2B in USD resources, an increase of $417M quarter-over-quarter; and a $1B share repurchase authorization in place. It’s not just about the numbers—the crypto community and ecosystem are growing stronger. With over $2.5B in total value locked, Base transactions have surged by 55% QoQ, and new contracts deployed have doubled. The market is fast-evolving, with global stablecoin volumes now exceeding $22 trillion and USDC achieving an impressive 45%+ growth in market cap YTD. Furthermore, Coinbase proudly serves as the primary custodian for 17 out of 20 approved crypto ETFs.

Minting the $COIN Earnings NFT allows you to celebrate Coinbase's progress toward economic freedom. Additionally, it provides a unique way to save the quarterly performance results directly in your wallet. You can also listen to the earnings call live to get more insights. #Coinbase

As the market reclaimed the 2021 cycle high, the #Bitcoin Relative Realized Profit peaked at 1.8%, suggesting 1.8% of the market cap was locked in as profit over a 7-day period. This is significant but remains comparatively lower than the profit-taking intensity during the January 2021 rally (3.0%.) Discover more in the latest Week On-Chain below 👇 https://glassno.de/43OJxEt

#November 2024 Crypto Calendar is Here! From major token unlocks to new project launches and crucial market updates, this month is packed with exciting events. Keep an eye on key players like #Binance, #Coinbase, and #Bybit, and stay ahead in the world of crypto! 🚀

🚀 Coinbase's Q1 Earnings: Unleashing a New Era in Crypto   🌟 Exploring Uncharted Territories Coinbase's latest financial results have not just surpassed expectations - they've shattered them. With a phenomenal 113% revenue increase and a staggering 1600% surge in net profits, these numbers speak volumes about the burgeoning potential and robust resilience of the crypto world.   🔍 Navigating Through Uncertainty with Precision In a landscape riddled with volatility, Coinbase stands as a beacon of strength. Serving as the trusted custodian for major Bitcoin ETFs and skillfully managing regulatory hurdles, Coinbase is paving the way for what could be the most thrilling era of the crypto bull market.   📈 Dive Deeper into Coinbase’s Comprehensive Analysis Discover how Coinbase's exceptional performance is shaping the future of the crypto market and identify strategies to capitalize on this bull run. Read the full analysis: https://lnkd.in/eVsfGNwV   🚀 Stay Ahead of the Curve with Coinbase The journey into the depths of cryptocurrency is just beginning. With Coinbase at the helm, the potential for growth and innovation is boundless. Don't miss out on the next big wave.   #Crypto #Blockchain #Coinbase #Investing

One way to gauge the profitability of the market for any specific cohorts of #Bitcoin investors is to leverage their on-chain cost basis and compare it with the spot price. 🔵 Long-Term Holders = $20.7K 🔴 Short-Term Holders = $45.8K 🟠 Market Realized Price = $24.4K With price trading at $68k, the long-term holders are, on average, sitting on an unrealized profit of ~228%. Discover more in the latest Week On-Chain below 👇 https://glassno.de/3wD4W78

Assessing the #Bitcoin Long-Term Holders, we can see their Realized Profit / Loss Ratio has gone exponential and vertical. This a result of there being no LTHs in Loss when the market has only recently broken above the previous cycles ATH, and is further fuelled by a significant uptick in LTH profit taking. Discover more in the latest Week On-Chain below 👇 https://glassno.de/3VLKLOH

🎉 It's finally here! $BCUT is now live and ready for trading on top exchanges like: 🔹 CoinList 🔹 KuCoin Exchange 🔹, Gate.io, 🔹 Bybit _Official, 🔹 CryptoCom , and 🔹 Uniswap Labs. Join the excitement and dive into the future of NFTs with bitsCrunch Don't miss out on this exclusive opportunity to be part of the ecosystem! 🚀💎 #BCUT #NFTs #CryptoNews https://lnkd.in/d7kB3tNS

you can understand it by intuition/gut instinct or listening to those holding the #bitcoin light, proudly — showing us the way fwd. panel discusson of Michael Saylor, Preston Pysh, Lyn Alden and Lawrence Lepard at the #BitcoinAtlantisConference in Madeira #bitcoin

Since mid-late February of 2024, #Bitcoin has been above the highs it hit back in the insanity of 2021. https://lnkd.in/g5UEut3H