Coinbase expected to perform well due to growth in stablecoin USDC and increased trading momentum

From Nasdaq Corporation
January 23, 2025 5:00 AM:

Coinbase (NASDAQ: COIN) is expected to have a strong quarter in Q4 2024 and continue into 2025 with the growth of stablecoin USDC and increased trading momentum across various cryptocurrencies. Travis Hoium discusses how the company is positioned for short-term gains and long-term scalability in the blockchain industry. Stock prices referenced are from Jan. 18, 2025.

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Travis Hoium, who holds positions in Coinbase Global, highlights the potential benefits of investing in Bitcoin and Coinbase Global. The Motley Fool, where Hoium is affiliated, may receive compensation for promoting services, but opinions remain independent. Readers can choose to subscribe through affiliate links to support the channel. Please note that the views expressed are those of the author and not necessarily of Nasdaq, Inc.

Read more at Nasdaq: Coinbase Stock Will Ride the Bitcoin and Stablecoin Explosion