Mon, February 17, 2025
Sun, February 16, 2025
Sat, February 15, 2025
Fri, February 14, 2025
Thu, February 13, 2025
Wed, February 12, 2025
Tue, February 11, 2025
[ Tue, Feb 11th ] - Forbes
LLC Tax Changes In 2025
Mon, February 10, 2025

Coinbase Stock Jumps on Earnings. People Are Interested in Crypto Again.


//business-finance.news-articles.net/content/202 .. nings-people-are-interested-in-crypto-again.html
Published in Business and Finance on Thursday, February 13th 2025 at 18:00 GMT by MSN   Print publication without navigation

  • Donald Trump's return to the White House helped the company to blow past analysts' expectations in the fourth quarter.

The article from MSN discusses the recent surge in Coinbase Global Inc.'s stock price following the release of their quarterly earnings report. Coinbase reported a significant increase in trading volumes and a narrower-than-expected loss, signaling a renewed interest in cryptocurrencies. The company's CEO, Brian Armstrong, highlighted the growing institutional interest in crypto, particularly in light of regulatory advancements like the approval of spot Bitcoin ETFs. This positive earnings report, coupled with a broader market recovery in crypto assets, has led to a 10% jump in Coinbase's stock price in after-hours trading. The article also notes that despite previous challenges like regulatory scrutiny and market volatility, the crypto exchange platform is seeing a resurgence, driven by both retail and institutional investors.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/coinbase-stock-jumps-on-earnings-people-are-interested-in-crypto-again/ar-AA1yXjqt ]

Publication Contributing Sources

Similar Business and Finance Publications