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Coinbase Swings to $719M Q3 Profit as Market Share, Subscribers Grow
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: Coinbase reported a $719 million net profit for the third quarter of 2026, reversing two consecutive quarterly losses as the cryptocurrency exchange expanded its trading market share and increased revenue from services beyond traditional crypto trading. Coinbase’s Winning Quarter The company reported adjusted net income of $78 million for the three months ended Sept. 30, […] Crypto Insight Analysis: Direction: Bullish COIN Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Strong profit, rising market share and subscriber growth improve Coinbase's outlook, but the broader crypto impact is limited.