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Coinbase Q3 net income jumps 66% as prediction markets gain traction

Published Source: The BlockRead original

Crypto Insight Summary: Bernstein analysts said Coinbase's expanding prediction markets and derivatives businesses helped offset weaker spot trading activity. Crypto Insight Analysis: Direction: Bullish COIN Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Coinbase earnings beat expectations, but the news mainly supports COIN and has limited broad crypto impact.

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Coinbase Q3 net income jumps 66% as prediction markets gain traction — Crypto Insight