Coinbase Stocks Get 11% Boost in Time for Upcoming Crypto Bull Market

Coinbase, the largest cryptocurrency exchange in America, has announced a successful final quarter of 2023, marking a significant turnaround for the San Francisco-based company. Financial Success Amidst Market Challenges In Q4 2023, Coinbase reported a profit of $273.4 million, a notable improvement from the $557 million loss incurred during the same period the previous year. This positive outcome follows a loss of $2 million in profit reported in Q3 2023. The exchange attributes a portion of its profitability to the interest earned on its USD Coin (USDC) stablecoin, which surged nearly...

source: https://tokenpost.com/Coinbase-Stocks-Get-11-Boost-in-Time-for-Upcoming-Crypto-Bull-Market-11251

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