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Coinbase stock is hot, but there's a good reason why.
Coinbase (COIN -3.17%) has leaned primarily on non-trading revenue to grow the business over the past two years, but that may change this quarter. Travis Hoium uncovers how much money the company is making on crypto trading right now. It may be close to 2021 peaks.
*Stock prices used were end-of-day prices of Nov. 11, 2024. The video was published on Nov. 11, 2024.
Travis Hoium has positions in Coinbase Global. The Motley Fool has positions in and recommends Coinbase Global. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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