Coinbase 2024 年第一季收益飆升：加密貨幣市場復興

美國領先的加密貨幣交易所 Coinbase 公佈 2024 年第一季淨利潤高達 12 億美元，超過其 2023 年全部獲利。這一令人印象深刻的業績得益於有利的市場條件、比特幣 ETF 的推出以及消費者和機構交易的激增。財報發布後，Coinbase 的股價上漲了 8% 以上，分析師預測高峰目標為 450 美元，長期來看甚至可達 1,000 美元。

Coinbase's Q1 2024 Earnings Surge: A Crypto Market Renaissance

Coinbase 2024 年第一季財報激增：加密貨幣市場復興

Coinbase, the preeminent cryptocurrency exchange in the United States, has unveiled an astounding financial performance for the first quarter of 2024, buoyed by a favorable market climate and the introduction of Bitcoin exchange-traded funds (ETFs). The exchange's net income has soared to an extraordinary $1.2 billion, eclipsing its entire earnings for 2023, while total revenue has reached a staggering $1.6 billion.

受益於有利的市場環境和比特幣交易所交易基金 (ETF) 的推出，美國卓越的加密貨幣交易所 Coinbase 公佈了 2024 年第一季的驚人財務業績。該交易所的淨利潤已飆升至驚人的 12 億美元，超過了 2023 年的全部收入，而總收入也達到了驚人的 16 億美元。

This remarkable achievement, a testament to the exchange's resilience and adaptability, reflects a surge in consumer and institutional transactions. Consumer transaction revenue has witnessed a remarkable 100% increase quarter-on-quarter, reaching $935 million, while institutional transaction revenue has surged by a remarkable 133% to $85 million.

這項非凡的成就證明了該交易所的彈性和適應性，反映了消費者和機構交易的激增。消費者交易收入較上季成長 100%，達到 9.35 億美元，而機構交易收入則大幅成長 133%，達到 8,500 萬美元。

Coinbase Prime, the exchange's exclusive trading platform for institutional investors, has experienced an exceptional 105% increase in trading volume, surpassing the U.S. spot market. The platform's performance underscores the growing institutional adoption of cryptocurrencies.

該交易所面向機構投資者的專屬交易平台 Coinbase Prime 的交易量增加了 105%，超過了美國現貨市場。該平台的表現突顯了加密貨幣的機構採用不斷增長。

Coinbase's strategic positioning as the custodian for eight of the 11 recently launched Bitcoin ETFs has significantly contributed to its robust performance. The exchange's custodial services revenue has soared by an impressive 64% to $32 million, driven by the surge in crypto asset prices and revenue generated from the Bitcoin ETFs. By the end of the quarter, Coinbase's custody assets had reached an extraordinary $171 billion, a testament to the growing demand for secure and reliable cryptocurrency storage.

Coinbase 的策略定位是最近推出的 11 隻比特幣 ETF 中的 8 隻的託管人，這對其強勁的業績做出了重大貢獻。在加密資產價格和比特幣 ETF 產生的收入飆升的推動下，該交易所的託管服務收入猛增了 64%，達到 3,200 萬美元。截至本季末，Coinbase 的託管資產已達到 1,710 億美元，證明了對安全可靠的加密貨幣儲存的需求不斷增長。

The exchange's impressive earnings report has ignited a surge in its stock price, with analysts projecting a bullish outlook for the company's future. Some analysts anticipate the Coinbase stock could reach a peak of $450, while others suggest that a $1,000 target is achievable in the long run, given the ongoing crypto bull market and the transformative impact of Bitcoin ETFs.

該交易所令人印象深刻的收益報告引發了其股價的飆升，分析師預計該公司的未來前景樂觀。一些分析師預計 Coinbase 股票可能會達到 450 美元的峰值，而其他分析師則認為，鑑於持續的加密貨幣牛市和比特幣 ETF 的變革性影響，從長遠來看，1000 美元的目標是可以實現的。

Despite the positive earnings, Coinbase's stock has experienced volatility in recent trading sessions, declining by 3% in after-hours trading and continuing to fall in Friday's pre-market session. This market uncertainty may be attributed to external factors and the inherent risk factors associated with the cryptocurrency industry.

儘管盈利良好，但 Coinbase 的股價在最近的交易日中經歷了波動，盤後交易中下跌了 3%，並在周五盤前交易中繼續下跌。這種市場的不確定性可能歸因於外部因素以及與加密貨幣產業相關的固有風險因素。

Coinbase also faces regulatory challenges, including an ongoing lawsuit from the Securities and Exchange Commission (SEC) alleging violations of US federal securities laws. While the exchange and its CEO, Brian Armstrong, are contesting these allegations, the case is expected to be protracted, potentially impacting the company's future performance.

Coinbase 也面臨監管挑戰，包括美國證券交易委員會 (SEC) 正在進行的訴訟，指控違反美國聯邦證券法。儘管該交易所及其執行長布萊恩阿姆斯壯正在對這些指控提出異議，但該案預計將曠日持久，可能會影響該公司未來的業績。

Nonetheless, Coinbase's exceptional first-quarter earnings provide compelling evidence of the exchange's ability to capitalize on favorable market conditions and the growing interest in Bitcoin ETFs. The company's strong financial performance positions it well to continue its expansion and innovation in the dynamic cryptocurrency landscape.

儘管如此，Coinbase 出色的第一季收益提供了令人信服的證據，證明該交易所有能力利用有利的市場條件和人們對比特幣 ETF 日益增長的興趣。該公司強勁的財務業績使其能夠在動態的加密貨幣領域繼續擴張和創新。