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Coinbase: Prediction market enthusiasm offsets crypto apathy

Coinbase: Prediction market enthusiasm offsets crypto apathy

Photo: CoinGeek

By Steven Stradbrooke . Senior writer covering all things blockchain, with a focus on regulatory, legislative and policy developments. TL;DR: The Coinbase ( NASDAQ: COIN ) digital asset exchange posted its first quarterly profit in a year, thanks to some favorable accounting and its new prediction market fans making up for the ever-thinning ranks of crypto traders. Meanwhile, stablecoin revenue continues to grow as Coinbase expands its product lineup and looks beyond traditional crypto trading for growth.

Source: CoinGeek

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