Coinbase飆升：第一季獲利打破紀錄，推動股價飆升

美國最大的加密貨幣交易所 Coinbase 公佈 2024 年第一季業績強勁，淨利超過 10 億美元，總營收達到 16 億美元。該交易所令人印象深刻的業績得益於市場表現的提高、比特幣交易所交易基金（ETF）的推出以及消費者和機構交易的激增。

Coinbase Soars to New Heights: Q1 Earnings Shatter Records

Coinbase飆升至新高度：第一季獲利打破紀錄

In a remarkable display of financial resurgence, Coinbase, the leading cryptocurrency exchange in the United States, has posted an extraordinary performance in the first quarter of 2024. The company's net income surged past $1 billion, marking a historic milestone, while total revenue reached a staggering $1.6 billion, eclipsing its entire earnings for the whole of 2023.

美國領先的加密貨幣交易所 Coinbase 在 2024 年第一季表現出色，淨利潤突破 10 億美元，創下歷史性里程碑，總營收達到令人震驚的16 億美元，超過了2023 年全年的全部收入。

This stellar performance is not only a testament to Coinbase's resilience and adaptability but also underscores the impact of favorable market conditions and the introduction of Bitcoin exchange-traded funds (ETFs). The cryptocurrency market has experienced a significant upswing in recent months, driven by a combination of factors, including institutional adoption, regulatory clarity, and increased investor confidence.

這一出色的表現不僅證明了 Coinbase 的彈性和適應性，還突顯了有利的市場條件和比特幣交易所交易基金 (ETF) 推出的影響。近幾個月來，在機構採用、監管清晰度和投資者信心增強等多種因素的推動下，加密貨幣市場經歷了大幅上漲。

Coinbase has capitalized on this market momentum by providing a robust platform for its users to trade, store, and invest in cryptocurrencies. The exchange's success is evident in the surge in both consumer and institutional transactions. Consumer transaction revenue nearly doubled quarter-on-quarter, reaching $935 million, while institutional transaction revenue grew by a remarkable 133% to $85 million.

Coinbase 充分利用了這個市場勢頭，為其用戶提供了一個強大的平台來交易、儲存和投資加密貨幣。該交易所的成功體現在消費者和機構交易的激增。消費者交易收入較上季成長近一倍，達到 9.35 億美元，而機構交易收入成長 133%，達到 8,500 萬美元。

Coinbase Prime, the exchange's institutional trading platform, has also witnessed exceptional growth, outperforming the U.S. spot market with a 105% increase in trading volume. This growth is attributed to the platform's advanced features, such as real-time trading, sophisticated order types, and custody solutions, which have attracted large institutional investors.

該交易所的機構交易平台Coinbase Prime也出現了驚人的成長，交易量增加了105%，跑贏了美國現貨市場。這一成長歸功於該平台的先進功能，例如即時交易、複雜的訂單類型和託管解決方案，吸引了大型機構投資者。

In addition to the favorable market conditions, the launch of Bitcoin ETFs has played a pivotal role in Coinbase's strong performance. The exchange serves as a custodian for eight out of the 11 newly launched BTC funds, a testament to its reputation as a trusted and reliable custodian. As a result, Coinbase's custody assets closed the quarter at an impressive $171 billion, reflecting the growing demand for secure storage solutions for digital assets.

除了有利的市場條件之外，比特幣ETF的推出對Coinbase的強勁表現也起到了關鍵作用。在 11 個新推出的 BTC 基金中，該交易所擔任了 8 個基金的託管人，這證明了其作為值得信賴和可靠的託管人的聲譽。因此，Coinbase 的託管資產在本季結束時達到了令人印象深刻的 1,710 億美元，反映出對數位資產安全儲存解決方案不斷增長的需求。

The exchange's robust earnings report has been met with enthusiasm by analysts and investors. Coinbase's stock price rallied by over 8% in after-hours trading, with optimistic analysts setting bullish targets for the future. Some analysts believe that 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 introduction of Bitcoin ETFs.

該交易所強勁的獲利報告受到了分析師和投資者的熱情歡迎。 Coinbase 的股價在盤後交易中上漲了 8% 以上，樂觀的分析師為未來設定了看漲目標。一些分析師認為，Coinbase 股票可能會達到450 美元的峰值，而另一些分析師則認為，鑑於加密貨幣牛市的持續發展和比特幣ETF 的推出，從長遠來看，1000 美元的目標是可以實現的。

Despite the strong earnings, Coinbase's stock experienced a slight decline in after-market hours and continued to dip in Friday's pre-market session. This volatility may be attributed to market uncertainty and the inherent risk factors associated with the cryptocurrency industry.

儘管獲利強勁，Coinbase 的股價在盤後交易時段小幅下跌，並在周五盤前交易時段繼續下跌。這種波動可能歸因於市場的不確定性以及與加密貨幣產業相關的固有風險因素。

However, Coinbase remains confident in its future prospects. The exchange is facing regulatory challenges, including an ongoing lawsuit from the Securities and Exchange Commission (SEC), but it is actively defending itself against these allegations. The company believes that the lawsuit is unfounded and that its operations are fully compliant with applicable laws and regulations.

不過，Coinbase對其未來前景仍充滿信心。該交易所正面臨監管挑戰，包括美國證券交易委員會（SEC）正在進行的訴訟，但它正在積極針對這些指控進行辯護。該公司認為該訴訟毫無根據，其營運完全符合適用的法律法規。

Coinbase's exceptional first-quarter earnings demonstrate the exchange's ability to capitalize on favorable market conditions and the growing interest in Bitcoin ETFs. The company's strong balance sheet, expanding product offerings, and commitment to compliance position it well for continued success in the years to come. As the cryptocurrency industry matures and the regulatory landscape evolves, Coinbase is poised to remain a leading player in this rapidly growing market.

Coinbase 出色的第一季收益表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。該公司強大的資產負債表、不斷擴大的產品範圍以及對合規性的承諾使其在未來幾年能夠持續取得成功。隨著加密貨幣行業的成熟和監管環境的發展，Coinbase 預計將在這個快速成長的市場中保持領先地位。