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If you’ve ever bought bitcoin from an exchange, you’ll know that there’s typically a transaction fee involved. And these transaction fees quickly add up.As the largest cryptocurrency exchange in the U.S., it earns a transaction fee every time someone buys or sells cryptocurrency on its exchange. In Q2, Coinbase’s retail monthly transacting users grew 44 per cent sequentially to 8.8 million. It earned $1.9 billion in transaction revenue and over $100 million in subscription and services revenue.This advertisement has not loaded yet, but your article continues below.Thanks to the recent Bitcoin rally, Coinbase shares currently trade at over $300 a piece.with as much money as you’re willing to spend.
The company added 1.5 million active accounts in Q2. Total revenue rose 81 per cent year-over-year to $645 million.Article contentNetflix just added 4.4 million new subscribers in Q3 while the worldwide subscriber count at Disney+ stands at a whopping 116 million. But Wood is clearly most bullish on Roku as a “pure” way to play the trend, with the shares representing 5.8 per cent of ARKK’s weight.A quick word of caution: Even in a bull market, most things don’t go up in a straight line.If you want to invest in something that has little correlation with the ups and downs of the stock market, you might want to consider an overlooked asset —
I remember back in 2014 when an oil “expert” said we’d never see $100 oil again. So, to quote a teenage sage, “Blah, Blah, Blah”.