Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Q4 Revenue
Coinbase Made $2.2 Billion in Revenue from Transaction Fees in Q4
Coinbase, the most prominent crypto exchange in the U.S., has announced revenue of $2.2 billion. The impressive amount represents the platform's income only from transaction fees within Q4 2021. It is among the highest profits that crypto exchanges generated in recent years. Above all, it surpassed analyst expectations by no less than 27%. Coinbase’s Success in Numbers Last year, FactSet consensus predicted Coinbase to gain around $1.9 billion in revenue for the latest financial quarter. However, it seems that the…
3 years ago