Coinbase Q3 Earnings Show 66% Profit Jump as Prediction Markets Grow

Crypto Insight Summary: TL;DR: Coinbase reported $719 million in net income for Q3 2026, marking a 66% increase year over year. However, total revenue declined 35% to $1.22 billion, while prediction markets generated more than $200 million in annualized revenue as the exchange expanded beyond traditional crypto trading. Coinbase reported a significant increase in third-quarter net income, returning […] Crypto Insight Analysis: Direction: Bullish COIN Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Profit growth and prediction-market expansion support Coinbase, but falling revenue limits broader crypto impact.