Compass Investments

Crypto vs. Dollar

📌 Latest Gemini earnings expose crypto’s new exchange reality – more total revenue, less crypto trading – Card growth lifted total revenue, but trading volume fell about 66% and year-over-year operating costs remained elevated.

Geminis latest earnings expose a new exchange reality: total revenue rose as card growth lifted fee income, but crypto trading volumes plunged about 66%. Trading of #Bitcoin and other assets slowed, while year‑over‑year operating costs remained elevated — signaling a shift toward payments and services over spot trading. Bitcoin

$BTC

Gemini’s latest earnings expose a new exchange reality: total revenue rose as card growth lifted fee income, but crypto trading volumes plunged about 66%. Trading of #Bitcoin and other assets slowed, while year‑over‑year operating costs remained elevated — signaling a shift toward payments and services over spot trading.

#Macro Insights# #Gemini #CryptoRevenue

Bitcoin

Bitcoin

$86,128.00

BTC 0.39%

Ethereum

Ethereum

$2,736.94

ETH 0.05%

Binance Coin

Binance Coin

$785.44

BNB -1.44%

XRP

XRP

$1.56

XRP 4.27%

Dogecoin

Dogecoin

$0.10

DOGE 5.17%

Cardano

Cardano

$0.25

ADA 2.30%

Solana

Solana

$116.73

SOL -1.05%