Coinbase earned $1.50 per share on revenue of $1.87 billion in the third quarter, topping analyst expectations. Revenue tied to transactions rose to $1 billion, up 37% from the second quarter.

The indictor has flipped positive for the first time since May as BTC looks to establish a foothold above $80,000.

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Coinbase reported a surprise first-quarter loss of $1.49 per share. Analysts had estimated a profit of 27 cents per share, according to LSEG. Revenue also missed expectations. Declines in ...