Core Viewpoint - Coinbase Global (COIN) is expected to report its first-quarter 2025 results on May 8, with a history of earnings surprises in the last four quarters [1] Trading Volumes - Increased asset volatility and improved crypto asset prices are likely to have boosted trading volumes in the first quarter, which remains a major revenue driver for Coinbase [2] - The Zacks Consensus Estimate for total trading volume is 404 million, reflecting a 28.5% increase year-over-year. The estimate for Consumer trading volume is 83 million, indicating a 48.2% rise, while Institutional trading volume is pegged at 321 million, showing a 25.4% increase [3] Transaction Revenues - Transaction revenues are expected to benefit from higher fees for both Consumer and Institutional segments, with the Zacks Consensus Estimate for total transaction revenues at $1.325 billion, a 23% increase from the previous year. Consumer transaction revenues are estimated at $1.2 billion, and Institutional revenues at $127 million, suggesting a 49.4% year-over-year increase [4] Market Share and Product Growth - Revenues are anticipated to be supported by market share gains in U.S. spot and derivatives trading products, as well as growth in custody, staking, USDC assets, and Coinbase One subscribers [5] Earnings Prediction - The quantitative model does not predict an earnings beat for Coinbase this quarter, with an Earnings ESP of -5.23% and a Zacks Rank of 3 (Hold) [6][7]

Core Insights - Intelagen has been accepted into the NVIDIA Connect program, which will enhance its IntellAGENTTM enterprise AI enablement platform and support the development of high-performance client solutions, particularly in crypto trading terminals [1][3] Group 1: Intelagen's Collaboration with NVIDIA - The NVIDIA Connect program provides Intelagen with advanced technical resources, including software development kits (SDKs), training, and engineering guidance, aimed at accelerating development cycles and improving operational efficiency [2] - The partnership will leverage NVIDIA's processing power to create the Alpha Liquid Terminal, which aims to deliver unmatched performance and speed for crypto trading [3] Group 2: Intelagen's Business Model and Offerings - Intelagen is a digital solutions consultancy and an award-winning Google Cloud Partner, focusing on empowering organizations through rapid innovation and AI solutions [4] - The IntellAGENTTM platform serves as a foundation for deploying advanced solutions, utilizing expertise in AI, data analytics, and cloud infrastructure [4] Group 3: Alpha Liquid Terminal Overview - The Alpha Liquid Terminal (ALT) is designed to integrate data, analytics, and trading tools into a modular platform, enhancing digital asset management through AI and Web3 infrastructure [5] - The ALT ecosystem, supported by the ALTX token, aims to provide a comprehensive experience for users, including research, trading, and regulatory compliance, while ensuring high cybersecurity standards [5]

Core Viewpoint - Trump Media and Technology Group Corp. (TMTG) has signed a binding agreement with Crypto.com and Yorkville America Digital to launch a series of exchange-traded funds (ETFs) under the Truth.Fi brand, marking a significant step in diversifying into financial services and digital assets [1][4]. Group 1: Partnership and Product Launch - The agreement follows a non-binding agreement signed in March, with Davis Polk & Wardwell LLP advising on the development and launch of the products [2]. - The ETFs will include digital assets and securities with a focus on American-made products across various industries, subject to regulatory approval, and are expected to launch later this year [3]. Group 2: Strategic Goals and Financial Commitment - TMTG aims to invest up to $250 million in the ETFs and Separately Managed Accounts (SMAs) using its own cash reserves, as part of its financial services and FinTech strategy [4]. - The partnership is expected to provide global distribution for the Trump Media ETFs, leveraging Crypto.com's platform [4]. Group 3: Company Background - TMTG operates Truth Social, a social media platform aimed at promoting free speech, and Truth+, a streaming platform focused on family-friendly content, alongside the new Truth.Fi financial services brand [5]. - Crypto.com, founded in 2016, has over 140 million customers and is recognized for its regulatory compliance and security in the cryptocurrency space [6]. - Yorkville America Digital specializes in branded investment products centered around digital assets and American businesses, catering to specific client needs [7].