Total trading volume in January of $55 billion is a 58% increase over the previous month and average daily volume of $1.8 billion are at the highest since August, which had daily volume at $1.9 billion, analysts said.
Total trading volume in January of $55 billion is a 58% increase over the previous month.
Daily volume is averaging $1.8 billion, the highest since August, which had daily volume at $1.9 billion.Total trading volume in January of $55 billion is a 58% increase over the previous month and average daily volume of $1.8 billion is the highest since August, which had daily volume of $1.9 billion, analysts Stephen Glagola and George Kuhle wrote in a Feb. 2 note.
Shares in Coinbase jumped 24% yesterday to the highest in nearly three months after a lawsuit alleging it sold unregistered securities wasShould the cadence of trading remain, revenue for the first quarter should come in around $652 million, compared to Cowen's current estimate of $518 million and the average consensus of $604 million.
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