May 4, 2024, 12:30 PM
May 2, 2024, 8:07 PM
Coinbase reports record Q1 profits fueled by bitcoin rally
- Coinbase's first-quarter profits surged above $1 billion as crypto trading boomed
- The company beat Wall Street's revenue estimates with $1.64 billion in revenue
- CEO Steve Jang sees bitcoin ETF approval as a positive for Coinbase's future
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