Coinbase shares rose 3.2% after hours following its latest Q2 results filing — reporting $1.4 billion in revenue in Q2 along with a hefty year-on-year increase in crypto trading volumes.

August 2, 2024

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The crypto exchange reported $266 billion in consumer and institutional trading volumes, up from the prior year period and in line with analyst estimates, though it was a considerable drop from the $312 billion reported in Q1.

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Funny! Musk and Bezos took jabs at each other on X over Musk’s claim the Amazon founder was “telling everyone” Donald Trump would lose the election and to sell shares in Musk’s companies – which Bezos denies.

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Very funny! They found a way out: The largest bank in Russia has advised clients to seek loans in Belarus due to Russia’s monstrously high interest rate. The key interest rate difference between the two countries is striking: Russia at 21%, compared to Belarus at 9.5%

The key (or refinancing) rate refers to the interest rate at which commercial banks borrow money from the central bank.

Coinbase shares rose 3.2% after hours following its latest Q2 results filing — reporting $1.4 billion in revenue in Q2 along with a hefty year-on-year increase in crypto trading volumes.

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Funny! Musk and Bezos took jabs at each other on X over Musk’s claim the Amazon founder was “telling everyone” Donald Trump would lose the election and to sell shares in Musk’s companies – which Bezos denies.

Very funny! They found a way out: The largest bank in Russia has advised clients to seek loans in Belarus due to Russia’s monstrously high interest rate. The key interest rate difference between the two countries is striking: Russia at 21%, compared to Belarus at 9.5%