400 million in bitcoin traded in 30 seconds

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This compensation may impact how makes them different. Investopedia does not include all this table are from partnerships.

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How To Turn $400 into $1,000,000 In Crypto! (In 12 Months)
Use our cryptocurrency calculator to convert the price of crypto and get the most up-to-date price. Analysts anticipate that Coinbase's stock will pare back gains in the months ahead as ETFs capture market share from crypto exchanges. MicroStrategy is floating $ million in bonds to buy more Bitcoin as the company also formed a subsidiary for digital asset purchases.

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Still, transaction fees remain a key income driver for the exchange. However, Coinbase has been diversifying into new businesses. Almost half of Coinbase's revenue comes from the fees it charges on transactions, meaning the company needs people to keep using the exchange to buy and trade bitcoin and other digital currencies.

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