news

bitcoin

1 X bitcoin bitcoin =

Thursday

22 April 2021

Earnings release shows Coinbase made more in Q1 2021 than all of 2020

Earnings release shows Coinbase made more in Q1 2021 than all of 2020


smart summary beta

The assets on the platform reached an overall valuation of $223 billion, a figure that represented 11.3% of the $2.1 trillion cryptocurrency market.

The earning aside, Coinbase noted its business was dependent on broader crypto market cycles and that four such cycles were observed since 2010 with a typical duration of 2 to 4 years.

“On average, these price cycles have increased the overall crypto market capitalization significantly from the prior cycle and attracted new users into the crypto economy,” the exchange said, adding that such cycles could be “highly volatile” and that it measured performance over price cycles ‘in lieu of quarterly results.’

Goto Full Article

bitcoin bitcoin price

$54734.00

24h

Live Average

bitcoin

News Article Sentiment

positive

Score (0)

Article Metadata

author

site

Cryptoslate.com

categories

Market data feeds provided by cryptocompare.com
bitsmart 2021