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Cryptocurrency News Articles
Coinbase Global, Inc. (NASDAQ: COIN) to Announce Fourth-Quarter and Full-Year 2024 Financial Results on February 13, 2025, after Market Close
Jan 26, 2025 at 08:00 am
Coinbase Global, Inc. (NASDAQ: COIN) is set to announce its fourth-quarter and full-year 2024 financial results on February 13, 2025, after market close.
Coinbase Global, Inc. (NASDAQ: COIN) will announce its fourth-quarter and full-year 2024 financial results on February 13, 2025, after market close. The company will also hold a live Q&A session for investors and shareholders the same day to discuss its financial performance and growth outlook.
Coinbase's momentum is expected to continue into 2025, buoyed by increased adoption of stablecoin USDC and heightened trading activity across altcoins and meme coins. A recent study commissioned by Coinbase also reveals that crypto is viewed as a transformative tool in countries with struggling financial systems, such as Argentina, Kenya, the Philippines, and Switzerland.
Coinbase Financial Results and Shareholder Interaction
Coinbase will publish its fourth-quarter and full-year 2024 financial results on its Investor Relations website on February 13, 2025, after market close. The shareholder letter will detail key financial metrics, business highlights, and future growth strategies.
The company will host a live Q&A session on February 13, 2025, at 2:30 p.m. PT, allowing investors to interact directly with Coinbase management. Shareholders can submit and upvote questions starting February 6, 2025, at 9:00 a.m. PT, with the platform remaining open until 24 hours before the call.
Strong Growth Trajectory for Coinbase
Coinbase is expected to report another strong quarter for Q4 2024, continuing into 2025, driven by: Increased adoption of stablecoin USDC. Higher trading volumes across various digital assets, including altcoins and meme coins. This momentum reflects Coinbase’s ability to leverage growing interest in cryptocurrency trading and decentralized finance (DeFi).
Global Survey Highlights Crypto's Potential
Coinbase commissioned a study across Argentina, Kenya, the Philippines, and Switzerland, exploring public sentiment toward cryptocurrency as an alternative to failing financial systems. The survey, conducted by Ipsos, revealed: Over 70% of respondents believe crypto can address at least one of their financial frustrations, including: Currency devaluation. Lack of economic opportunities. Centralization and discrimination in fiat systems.
Respondents expressed dissatisfaction with their countries’ financial systems, which they described as expensive, slow, and unstable. Crypto and blockchain technology were widely seen as tools to enhance economic freedom and reform existing systems.
Top Frustrations Across Markets
The survey identified shared concerns in the targeted nations, including: Centralized control and lack of fairness in financial systems. Currency instability, leading to reduced purchasing power. Difficulties in making or saving money, exacerbated by limited opportunities.
While issues such as inflation and lack of access to banking are common globally, the degree of these frustrations varied across the four surveyed nations. Argentina, for instance, faces high inflation and currency devaluation, while Kenya grapples with limited access to financial services.
Crypto Owners’ Perspectives
Among crypto owners, blockchain technology is perceived as a way to improve financial fairness, reduce centralization, and create new economic opportunities. The decentralized nature of cryptocurrencies allows individuals to bypass traditional financial intermediaries, addressing inefficiencies and inequalities.
By enabling faster and more affordable transactions, cryptocurrencies have the potential to empower individuals and communities in countries with limited access to reliable financial systems. The adoption of crypto is increasingly seen as a step toward greater economic inclusion and independence.
Coinbase's Role in Crypto Adoption
As one of the largest cryptocurrency exchanges globally, Coinbase is well-positioned to benefit from the growing use of crypto as a tool for economic reform in underserved markets. The company’s strategic focus on USDC and partnerships in emerging economies strengthens its position as a leader in financial innovation.
The findings from Coinbase’s study highlight an increasing global appetite for decentralized finance, particularly in regions with financial instability. If crypto adoption continues to rise, it could spur new opportunities for exchanges, blockchain developers, and financial service providers.
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- Ethereum (ETH) Could Cross $8,000 as DeFi Advancements and Bitcoin-Based Innovations Emerge
- Jan 27, 2025 at 10:40 am
- Factors such as anticipated regulatory advancements in decentralized finance (DeFi) and the potential approval of Ethereum-based exchange-traded funds (ETFs) contribute to this optimistic outlook.
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- Spotlight on the Future of Top Trending Cryptos: Toncoin Blockchain, Stellar, and BlockDAG
- Jan 27, 2025 at 10:40 am
- Crypto traders are shifting their attention to a few standout projects that are making waves in the industry. This includes the expanding Toncoin (TON) Blockchain in collaboration with Telegram, Stellar’s (XLM) potential price breakout, and BlockDAG’s (BDAG) comprehensive rollout efforts.
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- The Cryptocurrency Market Continues to Show Dramatic Fluctuations, Driven by the Recent Performance of Various Tokens
- Jan 27, 2025 at 10:35 am
- The cryptocurrency market continues to show dramatic fluctuations, driven by the recent performance of various tokens. Among the most notable is the Official Trump token ($TRUMP), which has seen substantial price swings since its launch.