What Coinbase's Q4 Earnings Mean for Crypto Adoption

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.panthonylg of PastelNetwork says investors should be wary of the crypto sector, even as the Coinbase exchange reported Q4 revenue that beat expectations. _franvela reports

 

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panthonylg PastelNetwork _franvela Who?

panthonylg PastelNetwork _franvela It’s nice to see that the CEO Brian Armstrong cautioned retail investors “not to extrapolate those results forward,” However, the fees are ridiculous for retail investors and largely unjustifiable! It feels as if they are taking advantage of people migrating to them due to the…

panthonylg PastelNetwork _franvela He’s probably right. Coinbase is junk. Much rather use a DEX.

panthonylg PastelNetwork _franvela didnt he say BUT “digital assets are certainly here to stay.”

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What Coinbase's Q4 Earnings Mean For CryptoCoinbase (COIN) reported Q4 net revenue of $605 million, ahead of analyst estimates of $588 million and up 5% from $590 million in Q3. Pastel Network co-founder Anthony Georgiades discusses the crypto exchange's latest earnings report and its implications for the crypto industry. Plus, the minutes of the Fed's February 1st meeting will be published later today. coinbase PastelNetwork panthonylg I love the progress the crypto market is making in general it will help $XEP XEP🧿 ElectraProtocol coinbase PastelNetwork panthonylg Transactions volume on all exchanges fell in Q4 due to the FTX collapse and fud against Binance. People moved to DEFI, however people will return to these exchanges as regulation becomes more clear. No one worry everything in the crypto space will be ok.
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Coinbase Q4 Revenue and Earnings Beat Expectations, but Transaction Volume Falls 12% From Q3Coinbase reported Q4 revenue that beat analyst expectations, but its transaction volume fell 12% from the third quarter to $322 million on lower transaction volume. By NelWang NelWang another storm is coming! F*CK NelWang That's bad. coinbase lfg coindesk know who the real enemy is ✊
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Coinbase beats Q4 earnings estimates amid falling transaction volumeCoinbase noted the 'challenging year for crypto markets' in its Q4 2022 results, which saw it beat analyst earnings estimates for the quarter despite a transaction volume decline. The recent developments in crypto markets have been challenging, but not unprecedented.
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Coinbase earnings beat thanks to USDC interest income, analysts sayUSDC interest income benefited Coinbase during its latest earnings report, according to analysts. … As the cryptocurrency industry continues to evolve, Coinbase may need to diversify its revenue streams and adapt to changing market conditions in order to maintain its financial success.
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