Tree News

CNA · 2026-10-29 20:25 UTC

Coinbase snaps losing streak with third-quarter profit on crypto trading rebound

Coinbase reported Q3 profit of $718.7 million ($2.51 per share), ending a three-quarter losing streak. Profit increased 66% year-over-year from $432.6 million ($1.50 per share) in Q3 2024. Heightened volatility in digital asset markets drove increased trading activity.

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