Coinbase Stock Down 1.7% as Q3 Revenue Drops 35%, But There Is a Twist

Key Insights: Coinbase stock faces pressure after Q3 revenue drops 35% to $1.22 billion Net income rises 66% to $719 million, ending three consecutive quarters of losses. Prediction markets exceed $200 million in annualized revenue as USDC holdings hit $22 billion. Coinbase stock came under pressure after the company reported a 35% year-over-year decline in Q3 revenue to $1.22 billion. However, net income climbed to $719 million, while prediction markets and USDC holdings reached new highs.