3 questions we need to answer • TechCrunch

Later Today Coinbasethe U.S. crypto giant will release its fourth quarter and full year 2022 results. Given the continued turmoil in the cryptocurrency market and the roughly doubling in value of Coinbase shares since the December period, TechCrunch I’ve been waiting for this particular set of data for a long time.

While Coinbase is no longer a startup, it is a goliath in one of the web3’s biggest marketplaces. This means that its results will help us understand the US crypto market more broadly, both in terms of the company’s historical results through the end of last year (how things went) and how the company details its expectations for this year to the investing public (what lies ahead).

Investors have recently given Coinbase shares a boost after falling sharply in value in 2022; after hitting $30 last December, the company’s stock has rallied to around $60 today. That’s a return worth billions in market capitalization. Startups could view the Coinbase takeover as a positive harbinger for their own value. We will see.

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