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coinpedia 2022-09-17 11:06:45

Coinbase Revenue To Increase Massively As Interests Rates Surge

The post Coinbase Revenue To Increase Massively As Interests Rates Surge  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideEarlier this week, JPMorgan analyst Ken Worthington wrote a client note saying that crypto exchange Coinbase Global (COIN) may manage to generate $1.2 billion of additional interest income-driven revenue in 2023 given the increased short-term interest rates. As per estimates, Coinbase’s joint venture with USDC issuer Circle could be contributing approximately $700 million of incremental …

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