Coinbase: Hold Until Deribit, Prediction Markets And USDC Turn Into Profit

Coinbase ( COIN ) has some positive product updates for its Q3 earnings‚ such as derivatives market-share gains, faster prediction-market growth and all-time-high USDC balances during Q2. Lower retail spot trading volume during Q2 Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha).