Coinbase, Inc, the cryptocurrencies exchange reported earnings yesterday.
Coinbase's stocks could jump by more than 10 % after Coinbase reported Q4 2023 earnings yesterday on better sales, gross profit margin and guidance, according to Wolfteam Ltd.'s projections and estimates.
Bitcoin and other cryptocurrencies' prices have been rising for the last three months, so Coibase's fourth quarter earnings naturally surpassed expectations and Coinbase's earnings will continue to surprise on the upside in the coming quarters, in Wolfteam Ltd.'s view.
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