Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.
GM!
Today’s top news:
- Crypto majors fall 2-3% after Powell says rate cut not certain in December
- US Senator claims Binance helped with TRUMP launch for CZ pardon
- Coinbase smashes earnings with $1.9B in revenue; Armstrong toys with mention markets
- MSTR beats earnings with $2.8B in profit, holds 640,808 BTC
- Token Works announces REKTSTR as first ERC20 strategy
📈 Coinbase Crushes Q3 Earnings, Transaction Revenue Toplines Surge
Crypto exchange Coinbase smashed its Q3 earnings.
And now finds itself outperforming Bitcoin in 2025.
📌 What Happened
Coinbase announced its Q3 results yesterday after market closed, blowing past expectations.
Key takeaways:
- Revenue of $1.9B (~55% year-over-year), beating consensus by roughly $200M
- Net…
