Coinbase (Coin) has exceeded the already solid estimates for the results of the fourth quarter, displaying a gain of 138% on annual slip income in the main move of the bull in the crypto surrounding the November elections of Donald Trump.
US Crypto Exchange leader recorded a turnover in the fourth quarter of $ 2.27 billion against $ 1.84 billion consensus and $ 1.26 billion three months earlier.
The profits adjusted for the three months of $ 1.3 billion exceeded 906.9 million dollars.
The commercial volume in the fourth quarter was $ 439 billion, up 185% compared to the previous year. Transactions turnover of $ 1.56 billion increased 194% in annual shift.
“”The crypto voice was heard loud and clear in the US elections, and the era of regulation via the application that paralyzed our industry in the United States is on the way, “said CEO Brian Armstrong in his letter D ‘shareholder.” Our objectives in 2025 are to drive Brian income, stimulate public services and evolve our foundations. “”
Coinbase actions are slightly up in exchanges after opening hours, but the action has already joined 8.5% during the regular session today after the results of the cryptography of the fourth quarter of Robinhood on Wednesday .
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