Crypto industry sees record revenue for Coinbase, Reddit sells Ethereum, Circle introduces new fee structure.

From Cointelegraph
November 1, 2024 5:00:00 pm:

Coinbase reported record revenue of $2.23 billion in Q2, exceeding estimates by $1.8 billion. The company’s net income for the quarter was $1.61 billion, with $1.9 billion in monthly transacting users. Reddit sold all its Ethereum holdings for an undisclosed amount and plans to reinvest in other cryptocurrencies. Circle introduced a new fee structure for institutional investors and high-volume traders, reducing fees for monthly trading volumes above $10 million.

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