ilmscore | Have You Seen This?! What Coinbase Earnings Mean For Crypto!

Have You Seen This?! What Coinbase Earnings Mean For Crypto!

Published: 2024-08-10
Status: Available | Analyzed

Predictions from this Video

Total: 12
Correct: 0
Incorrect: 0
Pending: 12
Unrated: 0
Prediction
Topic
Status
USDC is predicted to be the first compliant stablecoin with the EU's MiCA bill.
"usdc is the first stable coin to be compliant with the eu's Micah bill"
USDC
Pending
Significant legislative action on crypto is expected in both the US House and Senate.
"there is real energy within both the house and the Senate to pass meaningful legislation"
US Crypto Legislation
Pending
Speaker predicts that Ether (ETH) will be confirmed as not a security due to upcoming US legislation.
"this confirmed what we have been saying for years eth is not a secure"
US Crypto Legislation
Pending
Clear US crypto regulations will trigger a significant influx of institutional investment.
"if Brian continues to play his part and the US finally makes it clear what the rules are then crypto will see a tidal wave of investment coming from institutions"
Institutional Investment in Crypto
Pending
Passage of reasonable crypto regulations is expected to further boost retail trading volumes.
"retail crypto trading volume could increase even more if reasonable crypto regulations are passed"
Retail Crypto Trading Volume
Pending
The Federal Reserve is predicted to lower interest rates in September.
"the Federal Reserve is expected to lower interest rates in September"
Interest Rate Cuts
Pending
Kamala Harris has a slight lead in the US presidential election polls at the time of the recording.
"at the time of shooting it's Harris who has a slight lead"
US Presidential Election
Pending
Coinbase's Q3 expenses for technology, development, and general/administrative costs are projected to be between $700-$750 million.
"the company expects the costs associated with both technology and development as well as general and administrative to increase to somewhere between 700 and $750 million"
Q3 Expenses
Pending
Coinbase's Q3 sales and marketing expenses are anticipated to range from $160-$210 million.
"sales and marketing costs are also expected to increase to somewhere between 160 and $210 million"
Q3 Expenses
Pending
Coinbase's Q3 transaction revenue is projected to be approximately $210 million.
"one of these is transaction Revenue which coinbase expects to be around $210 million"
Q3 Transaction Revenue
Pending
Coinbase expects Q3 revenue from subscriptions and services to be between $530-$600 million.
"they also predict that revenue from subscriptions and services will be in the ballpark of $530 to $600 million"
Q3 Subscriptions and Services Revenue
Pending
The Base blockchain has experienced a 300% increase in processed transactions due to efficiency improvements.
"its continued work to improve the base blockchain's efficiency and bring down costs has seen a 300% growth in the number of transactions processed"
Base Network Transaction Growth
Pending