Press Releases

Weekly Crypto News: Coinbase Q3 Earnings Hit $674M, Rebel Satoshi Presale Sparks Buzz

TLDR

  • Coinbase has exceeded expert estimation and reported total revenue of $674.1 million in its Q3 report.
  • RebelSatoshi has become the best ICO among new DeFi projects, with experts predicting a 150% growth in $RBLZ’s price by the end of its public presale.

Coinbase has recently released its Q3 report for 2023, and the numbers are quite astonishing. Coinbase reported a total revenue of impressive $674.1 million, which exceeded experts’ estimate of $650.9 million. Meanwhile, RebelSatoshi has been making headlines with incredible gain prospects in its public presale.

Let’s dive deep into Coinbase’s Q3 report and $RBLZ’s presale journey and find the best crypto investment!

Coinbase Reports Revenue of $674.1 Million for Q3 of 2023

Coinbase has outperformed analyst expectations in its third-quarter results, surpassing both earnings and revenue estimates. The crypto exchange reported an adjusted loss of $0.01 per share, in contrast to the anticipated loss of $0.55 per share as per FactSet estimates.

This marks the third consecutive earnings beat for Coinbase. Total revenue for the quarter stood at $674.1 million, exceeding analyst projections of $650.9 million. However, the total trading volume for Q3 fell short of expectations at $76 billion, compared to the estimated $80.1 billion, and a decrease from the previous quarter’s $92 billion.

Additionally, third-quarter transaction revenue declined by 12%, dropping to $288.6 million from the prior quarter’s $327 million. Coinbase attributed this decrease to the declining overall crypto markets and heightened volatility.

In its shareholder letter, Coinbase highlighted the impact of a downturn in the crypto markets and increased market volatility as factors contributing to the decline in transaction revenue despite the company’s consistent performance in beating earnings estimates.

Rebel Satoshi Leads Among New ICOs With 150% Growth Prospects

Rebel Satoshi has emerged as a leader among new ICOs, breaking free from the constraints of conventional digital assets. Unlike typical meme coins, Rebel Satoshi is more than just a digital coin; it’s a vibrant movement with a distinct purpose. At its core, Rebel Satoshi embodies the ideals of unity and defiance, challenging the established norms within the crypto sphere.

Beyond financial gains, Rebel Satoshi’s mission is rooted in reshaping the crypto landscape. $RBLZ signifies a call to collective action, urging a rebellion against centralized systems and awakening the broader community.

The overarching goal of RebelSatoshi is to disrupt the current landscape, where wealth is often concentrated in the hands of a privileged few, and to inspire a sense of unity and decentralization.

What drives the enthusiasm in the RebelSatoshi ecosystem is an ERC-20 standard token called $RBLZ.Moreover, $RBLZ serves as a gateway to join the movement, offering opportunities to participate in quests, claim rewards, and connect with a vibrant community that embodies the spirit of defiance and unity.

Rebel Satoshi’s journey is still in its early stages, and it has already demonstrated significant promise. Currently, in its early bid round with a token price of $0.01, it’s poised for a substantial 29% surge, reaching $0.013 in the next round. So, is it safe to say that $RBLZ is the best crypto to buy now?

Per predictions, market experts remain optimistic about $RBLZ, predicting remarkable growth of up to 150% upon its official launch. This growth potential shown by $RBLZ has captured the attention of investors who see $RBLZ as a unique cryptocurrency with the potential to outperform other digital assets.

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via telegram (https://t.me/RBLZRED)

Please note that the Discord and Telegram communities are for Recusants and $RBLZ holders only. 

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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