COINBASE climbing in front of the results as Robinhood signalizes strong retail activity – TradingView News

** Shares of Coinbase COIN Up 3.1% to $ 283.40 Premarket after optimistic reading from Robinhood HOOD Results

** Trading Platform Robinhood Posts detects revenue and profit in fourth quarter

** Robinhood’s transaction -based revenue from Crypto Trading increased over 700% in the fourth quarter to $ 358 MLN

** “We expect a strong quarter

** After the markets are completed, the US crypto exchange is likely to report the Q4 income jumped to $ 1.87 billion from $ 822.4 million a year ago, according to the average analyst estimate on LSEG, as Bitcoin’s wave over $ 100,000 milestone is expected Having attracted traders

** COIN’s comment on retail activities YTD, StableCOin -Reconciliation and Crypto Regulation and Legislation Would Be The Focus, Todaro says

** COIN shares 87% over the past 12 months compared to 365% increase in hood shares