$Coinbase Global, Inc.(COIN)$

Why I just Bought more COIN?

Its clear that the derivative market is huge as the volume drives most of the fees and revenue. USDC inflows into Coinbase is huge with most of it landing onchain. USDC staking rewards and interest payments are huge as they are leveraging the high interest payments from US treasury.

Additionally, Coinbase wallet is a HUGE revenue stream. They are going to onboard a ton of users on the mobile app along with users who want to trade on base for the meme coins.

Lastly, we are entering the the biggest quarter for Coinbase. The altcoin cycle is going to continue to drive more volume and liquidity into the exchange.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":293819486253096,"tweetId":"293819486253096","gmtCreate":1712739486775,"gmtModify":1712739859428,"author":{"id":9000000000000388,"idStr":"9000000000000388","authorId":9000000000000388,"authorIdStr":"9000000000000388","name":"joozy","avatar":"https://static.tigerbbs.com/b91d0cbb63ed0ffe6dc3dc19168205d1","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":8,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body> <a data-mention-id=\"COIN\" class=\"teditor-mention\" data-mention-name=\"Coinbase Global, Inc.\" href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a> <v-v data-views=\"1\"></v-v>Why I just Bought more COIN?Its clear that the derivative market is huge as the volume drives most of the fees &nbsp;and revenue. USDC inflows into Coinbase is huge with most of it landing onchain. USDC staking rewards and interest payments are huge as they are leveraging the high interest payments from US treasury.Additionally, Coinbase wallet is a HUGE revenue stream. They are going to onboard a ton of users on the mobile app along with users who want to trade on base for the meme coins.Lastly, we are entering the the biggest quarter for Coinbase. The altcoin cycle is going to continue to drive more volume and liquidity into the exchange.</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"COIN\" class=\"teditor-mention\" data-mention-name=\"Coinbase Global, Inc.\" href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a> <v-v data-views=\"1\"></v-v>Why I just Bought more COIN?Its clear that the derivative market is huge as the volume drives most of the fees &nbsp;and revenue. USDC inflows into Coinbase is huge with most of it landing onchain. USDC staking rewards and interest payments are huge as they are leveraging the high interest payments from US treasury.Additionally, Coinbase wallet is a HUGE revenue stream. They are going to onboard a ton of users on the mobile app along with users who want to trade on base for the meme coins.Lastly, we are entering the the biggest quarter for Coinbase. The altcoin cycle is going to continue to drive more volume and liquidity into the exchange.</body></html>","text":"$Coinbase Global, Inc.(COIN)$ Why I just Bought more COIN? Its clear that the derivative market is huge as the volume drives most of the fees and revenue. USDC inflows into Coinbase is huge with most of it landing onchain. USDC staking rewards and interest payments are huge as they are leveraging the high interest payments from US treasury. Additionally, Coinbase wallet is a HUGE revenue stream. They are going to onboard a ton of users on the mobile app along with users who want to trade on base for the meme coins. Lastly, we are entering the the biggest quarter for Coinbase. The altcoin cycle is going to continue to drive more volume and liquidity into the exchange.","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/293819486253096","repostId":0,"isVote":1,"tweetType":1,"viewCount":191,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["COIN"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":558,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/293819486253096"}