Will Higher Trading Volume Aid Coinbase (COIN) in Q1 Earnings?
Coinbase(US:COIN) Zacks Investment Research·2024-04-30 18:26Coinbase Global (COIN) is set to report first-quarter 2024 earnings on May 2, after market close. The company delivered an earnings surprise in each of the last four reported quarters.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Trading volumes in the first quarter are likely to have benefited from increased crypto asset volatility and crypto asset prices, the primary driver of the trading business. The approval of Bitcoin spot ETF is likely to have aided tradi ...