Coinbase posts growing revenue and usage in first report as a public company

Coinbase Global Inc. saw revenue surge in a volatile quarter that it said highlighted the “still-early days” of the “cryptoeconomy.”

Coinbase saw total retail trading volume of $145 billion in the June quarter, up 21% from the March quarter, which the company attributed to a higher count of monthly transacting users, strength in the crypto market and its support of more trading assets.Overall trading volume hit $462 million, up from $335 million in the March quarter. Of that total trading volume, 24% was concentrated in bitcoin BTCUSD, +0.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global stocks tread water as gold slides and oil takes a spillAsian shares fought back from early losses on Monday as sharp falls in gold and oil prices briefly spooked sentiment, while the dollar reached four-month highs on the euro after an upbeat U.S. jobs report lifted bond yields. SanctionsOnPakistan Gold slide? Hmm. good luck
Source: Reuters - 🏆 2. / 97 Read more »