Big news for Coinbase, a company that lets people buy and sell cryptocurrencies! Experts think Coinbase will make about $2 billion in the last three months of 2024. That's a huge jump from last year!
- Coinbase's trading went way up, the highest since 2021!
- This is partly because people are excited about cryptocurrency after the US election.
- Coinbase also makes money from stablecoins (like USDC – it’s like digital dollars) and helping people 'stake' their crypto (like earning interest).
| Fact | Number |
|---|---|
| Expected Coinbase revenue (Q4 2024) | $2 billion |
| Year-over-year revenue increase | 109% |
| Quarter-over-quarter revenue increase | 65% |
| Coinbase's Q4 2024 trading volume | ~$430 billion |
