This article was first published on The Bit Journal. The Coinbase revenue in the third quarter reached 1.9 billion dollars, up 26% from the previous one and also beating Wall Street expectations, set at 1.8 billion dollars. The strong earnings performance underlines the company’s growing diversification beyond trading fees and its strengthening market position amid a volatile crypto environment.

According to Yahoo Finance, analysts had expected $1.8 billion in revenue for Coinbase, up 50% from the year-ago period. The cryptocurrency exchange also posted earnings per share of $1.50 against a forecast of $1.10, with net income reaching $433 million down from $1.4 billion in Q2 but significantly higher than the $75 million reported in the same period last year.

Crypto Trading Surge Strengthens Coinbase Revenue

Anil Gupta, Coinbase’s vice president of investor relations, attributed the sequential decline in net income to “mark-to-market adjustments” related to the exchange’s holdings in stablecoin issuer Circle and its crypto portfolio. There’s non-cash noise in the net income number, Gupta said, adding that Coinbase revenue growth and profit margins remained robust. Overall, it was a great quarter for us.

Coinbase shares jumped in after-hour trading to 341 dollars, extending their year-to-date 33% gain. The stock reached its high at about 444 dollars in mid-July when crypto sector investor optimism went up.

Transaction-based income remained the company’s largest contributor to Coinbase revenue, totaling $1 billion a 37% quarter-over-quarter increase and well above the $573 million recorded a year ago. The surge in Q3 was powered by renewed market activity as BTC and ETH reached their all-time highs.

Derivatives Trading Boosts Coinbase Quarterly Performance

Along with an increase in trading volumes, the company’s stablecoin and staking services continued to power Coinbase revenue. The exchange recorded $355 million in revenue related to stablecoins, representing a 43% increase year-over-year, while posting $185 million from blockchain rewards.

USDC, the stablecoin issued by Circle and partially backed by Coinbase, reached an all-time high of a $74 billion market capitalization, while $15 billion in USDC held within Coinbase’s ecosystem further supported Coinbase revenue diversification.

Gupta also emphasized “really good progress” in the derivatives business of Coinbase, subsequent to its purchase of Deribit. The latter contributed materially to overall Coinbase revenue performance. It reported $840 billion in notional derivatives trading volume in Q3.

Stablecoin Adoption Surges Across Base Network

Meanwhile, the firm’s Ethereum layer-2 network, Base, was still a strong contributor to Coinbase revenue. In its earnings report, Coinbase attributed “higher average ETH prices and increased transaction volume” as key drivers of Base’s revenue growth.

Base has rapidly become a leading layer-2 network for stablecoin adoption, with the total value of dollar-pegged tokens hosted reaching $4.6 billion, according to DeFiLlama.

Recently, analysts at JPMorgan estimated that a possible Base token would add $12 billion to $34 billion in value to Coinbase and raised their price target to $404. Developments like this could significantly alter the long-term dynamics of Coinbase revenue streams.

Coinbase confirmed it has filed for a national bank trust charter, joining the ranks of such peers as Circle, Paxos, and Ripple. The move would position Coinbase to expand its revenue model into custodial and financial services under official banking regulations.

Brian Armstrong Reaffirms Coinbase Bitcoin Strategy

Besides that, Coinbase announced new plans to offer tokenized assets, which would further extend revenue sources for Coinbase. The initiative has also come a few months after similar announcements by Kraken and Robinhood.

Coinbase also added $299 million worth of Bitcoin in Q3 and has increased the fair value of its digital assets held for investment to $2.6 billion as of Sept. 30. CEO Brian Armstrong echoed the company’s long-term strategy on X: 

“Coinbase is long Bitcoin and we keep buying more.”

Coinbase is long bitcoin.

Our holding increased by 2,772 BTC in Q3. And we keep buying more.

— Brian Armstrong (@brian_armstrong) October 30, 2025

Given the ongoing momentum in derivatives trading, Base network growth, and stablecoin adoption, the revenue outlook for Coinbase looks strong going into the next quarter. Innovation, regulation, and diversification have all been balanced well by the company, making it one of the most resilient players in the global crypto industry.

Conclusion

Coinbase’s third-quarter results highlight the company’s strong financial resilience amid a recovering crypto market. With expanding revenue streams, growing Base network activity, and increasing Bitcoin holdings, Coinbase appears well-positioned for sustained growth. As innovation and regulation converge, the exchange continues to solidify its leadership in the global crypto ecosystem.

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Summary

• Coinbase earned $1.9B in Q3, up 26% and above Wall Street forecasts.
  
• Net income hit $433M, higher year-over-year despite valuation adjustments.
  
• Stablecoin, trading, and derivatives revenue surged, driving overall growth.
  
• Base network and token plans strengthened Coinbase’s long-term outlook.
  

Glossary Of Key Terms

Coinbase Revenue:  Total earnings from Coinbase’s crypto operations.

Stablecoin:  Cryptocurrency pegged to a stable asset like USD.

USDC:  A popular stablecoin jointly managed by Coinbase and Circle.

Derivatives Trading:  Contracts based on the value of crypto assets.

Base Network:  Coinbase’s Ethereum layer-2 scaling solution.

Tokenized Assets:  Real-world assets represented as blockchain tokens.

Circle:  Stablecoin issuer and Coinbase’s USDC partner.

Brian Armstrong:  CEO and co-founder of Coinbase.

JPMorgan:  Financial firm providing crypto-related analysis.

Frequently Asked Questions about Coinbase Revenue

1. What was Coinbase’s Q3 revenue?

Coinbase earned $1.9 billion, up 26% from last quarter.

2. What drove Coinbase’s revenue growth?

Growth came from trading, stablecoins, staking, and derivatives.

3. How is Coinbase diversifying income?

By expanding into Base network, tokenized assets, and custody services.

4. What role does Base play?

Base boosted revenue with $4.6B in stablecoins and higher ETH transactions.

Read More: Coinbase Reports $1.9B Q3 Revenue, Powered by Trading and Stablecoin Boom">Coinbase Reports $1.9B Q3 Revenue, Powered by Trading and Stablecoin Boom

Updated on 30th October, 2025

This article was first published on The Bit Journal.
The latest Cardano price prediction has taken a bullish turn after exchange-traded fund (ETF) providers REX Shares and Osprey Funds added the cryptocurrency to their Top 10 Crypto Index ETF, sparking renewed optimism across the digital asset market.

According to a recent SEC filing, the proposed ETF will contain staked products in addition to the conventional spot price tracking. This implies that investors have a chance to earn staking rewards and also enjoy the ADA market performance as a dual-income prospect that are revitalizing institutional and retail investors alike.

BREAKING NEWS:

Cardano $ADA has been included in the REX-Osprey Top 10 Crypto Index ETF.

Is this the beginning of Cardano’s ETF era? pic.twitter.com/N7r9IRvhce

— Mintern (@MinswapIntern) October 29, 2025

Cardano Price Prediction Strengthens Amid Fed Decision

The news follows a wider market recovery, with the U.S. Federal Reserve cutting its rates by 25-basis-points recently, which has increased liquidity and risk-taking. According to analysts, these developments may precondition a major Q4 rally throughout the cryptocurrency industry, as most of them are re-evaluating their Cardano price prediction upwards.

To prove a Bullish continuation pattern, crypto analyst Ali Martinez declared that Cardano is now at a critical juncture, and it needs to move above the $0.80 mark. In case it occurs, he forecasts a rise towards 1.50, the last price reached in early 2022 and a major target in several updated Cardano price predictions.

Cardano $ADA needs to break above $0.80 to rally toward $1.70. pic.twitter.com/wF1CtQUipe

— Ali (@ali_charts) October 28, 2025

Community Sentiment Reaches Monthly High

According to the CoinMarketCap data, 91 percent of the ADA community is now optimistic about the short-term perspective of Cardano, the largest positive attitude level of this month. Interest is running high as traders are reminded of the massive surge of ADA in the 2020-2021 bull market, where the stock went from $0.05 up to $3.10 in a year and a half.

This rising optimism helps analysts in their broader Cardano price prediction that the cryptocurrency may gain substantially over the late 2025 and 2026 in case macroeconomic factors are good.

Accumulation Zone Strengthens Bullish Cardano Setup

Technically Cardano price prediction models indicate that ADA is consolidating around the $0.65 mark following a corrective pullback of recent highs. ADA/USDT weekly chart depicts a downward trend that has accumulation and sweeps of liquidity at lower ranges typical arrangement followed by major bullish actions.

The main support ranges are located between $0.50- $0.55 which the analysts refer to as the main accumulation zone. A recovery out of this region will prove to rejuvenate fresh buying force to push ADA to the $1.02 resistance and perhaps to $1.40 in the next impulsive action.

According to the findings of technical experts, holding the structure at levels above support would bolster the Cardano price prediction of Q4, whereas a continued decline towards the $0.50 level would nullify the bullish formation and indicate additional downside exposures.

Cardano Poised for Major Q4 Rebound

As institutional adoption has increased, as have positive macroeconomic catalysts, and as has community confidence, Cardano price prediction analysts believe ADA is poised to substantially rebound in Q4 2025.

With the same trend, Cardano may regain multi-month highs and even retake its position as one of the best-performing altcoins in the market, in line with the positive Cardano price prediction that projects the altcoin to return to $1.50 and higher by early 2026.

Conclusion

Cardano’s inclusion in the REX-Osprey Top 10 Crypto Index ETF, combined with growing institutional interest and improved market liquidity, has reignited optimism for a strong Q4 rebound. If bullish momentum sustains and technical levels hold, ADA could be poised to revisit the $1.50 mark by early 2026.

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Summary

• ETF Boost: REX-Osprey adds Cardano to Top 10 Crypto Index ETF, lifting market optimism.
• Bullish Sentiment: 91% of ADA holders stay positive after Fed’s 25bps rate cut.
• Price Target: Analysts eye $1.50 if Cardano breaks above $0.80.
• Technical Outlook: Strong support at $0.50–$0.55 signals breakout potential.

Glossary of Key Terms

Cardano Price Prediction: Forecast of ADA’s future value using market data.

REX Shares: ETF provider adding Cardano to its crypto index.

Osprey Funds: Digital asset manager behind crypto-based ETFs.

Top 10 Crypto Index ETF: ETF tracking the ten largest cryptocurrencies.

Federal Reserve (Fed): U.S. central bank managing interest rates and policy.

Accumulation Zone: Area where investors buy before a price rally.

Macroeconomic Catalysts: Economic events like rate cuts that affect prices.

Q4 Rebound: Expected market recovery in the year’s final quarter.

Frequently Asked Questions about Cardano Price Prediction

1. Why did REX-Osprey add Cardano (ADA)?

Cardano was included for its strong fundamentals, staking rewards, and rising institutional demand.

2. How will the ETF affect Cardano’s price?

The ETF could boost liquidity and push ADA toward the $1.50 target if bullish momentum continues.

3. What are key Cardano price levels to watch?

Support is around $0.50–$0.55, while a break above $0.80 may confirm a bullish trend.

4. Why do analysts expect a Q4 rebound?

Rate cuts, market optimism, and higher adoption support a potential ADA rally in Q4.

Read More: Cardano ETF Milestone: What REX-Osprey’s Inclusion Means for ADA’s Future">Cardano ETF Milestone: What REX-Osprey’s Inclusion Means for ADA’s Future

This article was first published on The Bit Journal. Ethereum Surge sees the world’s second-largest cryptocurrency rapidly outpacing Bitcoin (BTC), as institutional investors increasingly shift their focus toward the leading smart contract platform dominating the digital asset landscape.

The institutional fund holdings in Ethereum have increased by an astounding 138% over the last year, making nearly four times the rate of growth of Bitcoin, indicating a significant change in market sentiment, and driving a great Ethereum surge in the global markets.

Ethereum Surge Fueled by Institutional Inflows

Once seen as merely an “alternative play” to Bitcoin, Ethereum is now stepping confidently out of Bitcoin’s shadow. Recent fund data shows that Ethereum holdings have soared to approximately 6.8 million Ethereum, which is mostly due to spot ETF inflows, enticing staking yields, and the increasing dominance of Ethereum throughout DeFi and asset tokenization. 

Such institutional interest has brought additional momentum to the current Ethereum surge which has made it a dominant figure in the next crypto cycle.

Bitcoin’s Momentum Slows Amid Ethereum Surge

Conversely, Bitcoin still maintains its conventional purpose of a reserve asset of institutions, as there is a consistent though modest increase of 36% in the number of funds held of 1.3 million BTC. 

As the number of institutional funds entering Bitcoin grows, it is slower than all other indices and may signify a slowdown in momentum, but Ethereum’s explosion signifies that investors are more willing to embrace growth and innovation.

Altcoin Market Signals Imminent Capital Rotation

Ethereum is not however the only altcoin that is gaining institutional momentum. The market first indications suggest that the long awaited altcoin rotation is possible to be already in action. 

As Joao Wedson, the CEO of Alphractal, argues, the existing configuration is very similar to past crypto market cycles, where Bitcoin gains predominance only to see a dramatic shift in capitals to altcoins, usually due to a round of Ethereum surge and a fresh wave of market enthusiasm.

Altcoins Season Index shows the strongest momentum for BTC!
However, I see it as strategic to start accumulating altcoins now, anticipating the upcoming rotation from BTC to Altcoins.
Focus mainly on newer altcoins — history keeps repeating itself!

Charts: @Alphractal pic.twitter.com/kE5Ve8PFVd

— Joao Wedson (@joao_wedson) October 27, 2025

Wedson pointed out that only four of the 55 trailed altcoins have shown more performance in the last 60 days than Bitcoin. However, such a narrow performance is typically followed by a wide-ranging recovery in risk appetite a traditional indication of early accumulation.

Ethereum Expansion Fuels Institutional Altcoin Growth

This period of accumulation, analysts believe, is the point where newer altcoins quietly bottom, creating the next step of the rotation. Some of the tokens like Synthetix (SNX) and Binance Coin (BNB) have already started recording an increase in relative returns, which indicated that early-cycle measures are strengthening, in part with the broader Ethereum surge throughout institutional portfolios.

This trend is also supported by historical data. A long-term comparative chart of the altcoins versus Bitcoin reveals that altcoin booms have traditionally followed Bitcoin booms, in both the 2017 and 2021 cycles.

This keeps me awake at night

If this trend line extends into 2025/6 we should see the biggest alt season of all time

While some believe altcoins will never compete with Bitcoin again

I see potential for the biggest liquidity rotation of all time pic.twitter.com/Rqe3XzHmxG

— EllioTrades (@elliotrades) October 27, 2025

Ranging into 2025, technical charts are once again showing a multi-year wedge breakout in various altcoins a pattern that has heretofore occurred before massive rallies. Should this trend continue to be true, the next market turn may already be shaping up, and the Ethereum surge may be at the forefront and reestablishing the balance of power in the worldwide crypto market.

Conclusion

As 2025 approaches, Ethereum’s dominance and the growing institutional shift toward altcoins signal a transformative phase for the crypto market. If historical patterns hold true, Ethereum could spearhead the next major rotation, setting the stage for a broader altcoin rally and redefining the digital asset landscape worldwide.

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Summary

• Ethereum holdings jump 138%, outpacing Bitcoin’s 36% growth.
• Institutional inflows and DeFi adoption drive Ethereum’s surge.
• Bitcoin stays a reserve asset, but momentum slows.
• Analysts foresee altcoin rotation led by Ethereum in 2025.
  

Glossary of Key Terms

Ethereum (ETH): Smart contract platform powering DeFi and tokenization.

Altcoin: Any crypto other than Bitcoin, like ETH or BNB.

Institutional Inflows: Large-scale crypto investments from funds or corporations.

Spot ETF: Fund tracking a crypto’s price without direct ownership.

Staking Yields: Rewards for locking tokens on proof-of-stake networks.

DeFi: Blockchain-based financial system without intermediaries.

Altcoin Rotation: Shift of capital from Bitcoin to altcoins.

Accumulation Phase: Period when investors buy before market uptrend.

Frequently Asked Questions about Ethereum Surge

1. Why is Ethereum rising faster than Bitcoin?

Institutional investors favor Ethereum for DeFi and ETF growth.

2. What fuels Ethereum’s demand?

Staking rewards and its role in tokenization.

3. Is Bitcoin slowing down?

Yes, its growth lags behind Ethereum’s surge.

4. What’s next for altcoins?

Analysts expect an altcoin rally led by Ethereum.

Read More: Ethereum Surge Outpaces Bitcoin as Institutional Inflows Jump 138% in 2025">Ethereum Surge Outpaces Bitcoin as Institutional Inflows Jump 138% in 2025

This article was first published on The Bit Journal. Bitcoin surged past $116,000 on Monday morning after U.S. Treasury Secretary Scott Bessent announced a “very substantial framework” for a trade agreement between Washington and Beijing. 

Although a video of 79-year-old President Donald Trump dancing when he landed in Malaysia caught social media attention throughout the weekend, it was the words of Bessent that led to the optimistic reaction of global markets and investors, which boosted both stocks and cryptocurrencies.

Bitcoin Surge Mirrors Global Market Optimism

The Bitcoin surge was accompanied by an increase in traditional markets, as stocks also opened higher in Asia and the U.S, reflecting renewed optimism on reducing trade tensions between the two largest economies in the world.

Trump arrived in Kuala Lumpur on Sunday to pay a visit to the 47 th Association of Southeast Asian Nations (ASEAN) summit where his delegation is said to have assisted in brokering a peace deal between Cambodia and Thailand. Bessent, in the meantime, had signed various memorandums of understanding (MOUs) with Asian collaborators on rare earth mineral cooperation the strategic victory at a time of continued global realignments of supply chains.

U.S.-China Talks Spark Global Market Optimism

Nevertheless, the greatest achievement was the behind-the-scenes talks made by Bessent with the Chinese officials, which led to a tentative framework of trade that sought to end months of trade stalemate. Bessent said during an interview on NBC:

“We’ve created a framework for the two leaders to discuss on Thursday in Korea.I think it will be fantastic for U.S. citizens, for U.S. farmers, and for our country in general.”

The markets reacted quickly to the announcement. Bitcoin surge momentum drove the price to $114,217.55 at the time of writing, a 1.93 percent rise on the last day and 4.73 percent on the week, respectively. The cryptocurrency has been ranging between $113,015.30 and $116,273.31 since Sunday, which is one of the most stable and bullish weekends of the cryptocurrency in the last several months.

Bitcoin Surge Fuels Derivatives Market Expansion

Trade activity increased accordingly. The 24-hour trading volume of Bitcoin increased by 87.11 percent to reach $62.55 billion, and market capitalization increased by 1.95 percent. The crypto market dominance of the asset did not significantly change at 59.63, increasing by a small margin of 0.01%.

The enthusiasm was reflected in derivatives markets. According to Coinglass data, open interest in Bitcoin futures rose 3.05 to $76.18 billion and total liquidations reached $140.97 million. Bitcoin surge had a big impact on short positions where they sustained a loss of $123.30 million and long traders suffered a relatively small loss of $17.67 million.

Bitcoin Surge Momentum Builds Ahead APEC

The most recent Bitcoin boom, analysts argue, highlights the extent to which cryptocurrency markets are following macroeconomic trends and geopolitical changes. The recent surge of Bitcoin demonstrates how vulnerable the digital goods are to conventional market drivers such as trade policy and diplomatic co-operation, according to one Singapore-based trader.

The following week may be a key one. On Thursday, Donald Trump and Chinese President Xi Jinping will hold an initial meeting on the Asia Pacific Economic Cooperation (APEC) summit in South Korea where both the leaders are likely to agree on the specifics of the proposed trade setup.

Should the discussions lead to tangible gains, analysts foresee the potential further increase of the Bitcoin surge and even new all-time highs by early November.

Conclusion 

As global markets ride a wave of optimism, all eyes now turn to Thursday’s APEC summit in South Korea. The anticipated Trump–Xi meeting could determine whether the current Bitcoin surge and stock market rally evolve into sustained economic momentum or fade with unmet expectations.

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Summary

• Bessent announced a major U.S.-China trade framework during Trump’s ASEAN visit.
• The news sparked a Bitcoin surge past $116,000 and boosted global stocks.
• Bitcoin trading volume jumped 87%, with futures and market cap rising.
• Focus shifts to the APEC summit for Trump–Xi trade discussions.

Glossary of Key Terms

Bitcoin Surge:  Rapid rise in Bitcoin’s price.

Scott Bessent:  U.S. Treasury Secretary behind the trade deal news.

Trade Framework:  Initial U.S.-China trade agreement plan.

Donald Trump:  U.S. President attending ASEAN and APEC summits.

U.S.-China Trade Deal:  Agreement easing economic tensions.

ASEAN Summit:  Meeting of Southeast Asian nations.

APEC Summit:  Asia-Pacific trade summit for U.S.-China talks.

Derivatives Market:  Trading based on asset value changes.

Open Interest:  Active futures contracts in the market.

Geopolitical Factors:  Global political events affecting markets.

Frequently Asked Questions the Bitcoin Surge

1. Why did Bitcoin surge?

It rose after the U.S. announced a major trade framework with China.

2. What did Trump do in Malaysia?

He attended the ASEAN summit and helped broker a peace deal.

3. How did markets react?

Stocks and crypto surged on renewed trade optimism.

4. What’s next for Bitcoin?

All eyes are on the APEC summit for further trade progress.

Read More: Bitcoin Surges as U.S.-China Trade Breakthrough Sparks Market Rally">Bitcoin Surges as U.S.-China Trade Breakthrough Sparks Market Rally