{
  "id": 17146731,
  "title": "Coinbase Profit Is Mostly Crypto Gains: Rapid Earnings Reaction",
  "url": "https://urgent.news/2026/10/29/coinbase-profit-is-mostly-crypto-gains-rapid-earnings-reaction-17146731",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T22:59:44.000Z",
  "source": {
    "name": "Nasdaq Markets",
    "slug": "nasdaq-markets",
    "url": "https://www.nasdaq.com/articles/coinbase-profit-mostly-crypto-gains-rapid-earnings-reaction"
  },
  "original_language": "en",
  "account": null,
  "summary": "Key PointsCoinbase reported third-quarter net income of $719 million, but a $715 million gain on crypto it holds as an investment drove nearly all of it.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Coinbase returns to profit as crypto investment gains cushion trading weakness",
        "url": "https://urgent.news/2026/10/29/coinbase-returns-to-profit-as-crypto-investment-gains-cushion-trading",
        "published": "2026-10-29T20:19:51.000Z"
      },
      {
        "outlet": "Decrypt",
        "title": "Coinbase Swings to $719 Million Q3 Profit on Crypto Gains",
        "url": "https://urgent.news/2026/10/29/coinbase-swings-to-719-million-q3-profit-on-crypto-gains",
        "published": "2026-10-29T20:46:43.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Coinbase reports Q3 revenue down 35% YoY to $1.22B, in line with est., and net income up 66% to $719M, its first profit in a year, on unrealized crypto gains (Olga Kharif/Bloomberg)",
        "url": "https://urgent.news/2026/10/29/coinbase-reports-q3-revenue-down-35-yoy-to-1-22b-in-line-with-est-and",
        "published": "2026-10-29T21:55:02.000Z"
      },
      {
        "outlet": "Motley Fool",
        "title": "Coinbase Profit Is Mostly Crypto Gains: Rapid Earnings Reaction",
        "url": "https://urgent.news/2026/10/29/coinbase-profit-is-mostly-crypto-gains-rapid-earnings-reaction",
        "published": "2026-10-29T22:39:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}