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Coinbase Is an Unstoppable Crypto Giant

Coinbase has taken the slower path to growth, and it's now paying off with higher market share and the trust of the biggest institutions in the world.

By Travis Hoium – Feb 19, 2024 at 9:39AM EST

Coinbase (COIN +1.30%) continues to outperform expectations, and that could continue as the crypto market picks up and more innovations take place on the blockchain.

In this video, Travis Hoium covers Coinbase's recent earnings and why they're so bullish for the future of the industry.

*Stock prices used were end-of-day prices of Feb. 16, 2024. The video was published on Feb. 18, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Coinbase Global and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Ethereum. 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.

Stocks Mentioned

Coinbase Global Stock Quote
Coinbase Global
NASDAQ: COIN
$199.79
(+1.30%)+$2.57
Bitcoin Stock Quote
Bitcoin
CRYPTO: BTC
$70,668.00
(+4.30%)+$2,913.41
Ethereum Stock Quote
Ethereum
CRYPTO: ETH
$2,061.34
(+3.53%)+$70.34

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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