How Coinbase and Binance Still Expect to Post Billions in Revenue

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Cryptocurrencies may not have had an exemplary year. But exchanges did.  In fact, major exchanges continue to rake in billions in revenue, despite depressed cryptocurrency prices. Coinbase Expects to Post $1.3 Billion in Revenue For 2018, the United States’ biggest cryptocurrency exchange expects to produce revenue of $1.3 billion, according to Bloomberg. On top of that, … Continue reading “How Coinbase and Binance Still Expect to Post Billions in Revenue”

Coinbase Projects $1.3 Billion Revenue for 2018

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While it’s true that since their peak in late 2017, cryptocurrencies have generally declined 70% in value, the mega-exchange Coinbase had its most profitable year to date.  In 2018, Coinbase’s worth as a company skyrocketed. On Tuesday, Coinbase COO Asiff Hirji sat down with Bloomberg, and stated the exchange expects $1.3 billion in revenue for … Continue reading “Coinbase Projects $1.3 Billion Revenue for 2018”