{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=DE&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Coinbase+Q1+results+bullish+implication+of+Bitcoin+growth&text=Leading+US+exchange+Coinbase+has+announced+some+impressive+results+from+the+first+quarter+of+this+year+after+Bitcoin%27s+explosive+growth.&text=Coinbase+has+posted+its+quarter+one+results+and+the+exchange+is+looking+at+some+impressive+growth+in+the+first+four+months+of+the+year.+The+announcement+of+its+revenue+also+comes+a+week+before+the+direct+listing+on+the+Nasdaq+and+the+estimation+of+the+trading+volume+is+also+looking+to+be+a+strong+indicator+of+the+bull+rally.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AWith+estimations+that+the+trading+volume+on+the+platform+has+increased+by+over+270%25%2C+Coinbase+stands+as+one+of+the+leading+exchanges+across+the+world.+It+is+estimated+that+its+net+income+is+looking+at+around+%24750+million+USD+-+a+massive+step+up+from+this+time+last+year+when+it+posted+%24190+million+USD+in+the+first+quarter.+Bitcoin%27s+bull+market+over+2020+-+which+started+seeing+growth+in+April+-+has+continued+into+the+beginning+of+this+year+and+March+2021+stood+as+one+of+Bitcoin%27s+strongest+months.+Seeing+an+all-time+high+in+the+third+month+of+the+year+is+a+surprising+one%2C+given+that+Bitcoin+typically+has+a+bearish+March.%0A%3Ch2%3ECoinbase+users+so+far+in+2021%3C%2Fh2%3E%0ANot+only+has+the+bull+market+been+good+for+Bitcoin+price%2C+but+the+rally+has+seen+a+fresh+wave+of+investors+too.+This+time+last+year%2C+Coinbase+was+looking+at+an+active+user+base+of+1.3+million.+This+year%2C+this+has+grown+to+a+whopping+over+6+million+users.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0ACoinbase+CEO+Alesia+Haas+commented+on+this%3A%0A%0A%E2%80%9C%3Cem%3EWe+have+seen+all+time+high+crypto+prices+drive+elevated+levels+of+user+activity+and+trading+volume+on+our+platform.+Looking+to+full+year+2021%2C+in+order+to+scale+our+operations+and+to+continue+to+drive+product+innovation%2C+we+expect+our+technology+and+development+expenses+and+our+general+and+administrative+expenses+to+be+between+%241.3+billion+to+%241.6+billion%2C+excluding+stock-based+compensation%2C+in+2021.%22%3C%2Fem%3E%0A%0AWhile+the+figures+and+the+postings+so+far+are+estimations+and+yet+to+be+audited%2C+the+predicted+data+is+bullish+-+a+sign+of+the+rally+and+the+strength+of+the+market%27s+growth+in+both+attention+and+value.+If+2021+continues+its+trajectory%2C+the+%3Ca+title%3D%22Is+Crypto+Trader+A+Scam%3F%22+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fcrypto-trader-review%2F%22+data-replaced%3D%22true%22%3Ecryptocurrency%3C%2Fa%3E+market+will+likely+be+looking+at+adoption+at+brand+new+levels.","timeout":15}