Coinbase’s Q3 Struggles and Political Headwinds for Crypto

In this episode, we analyze Coinbase's disappointing Q3 earnings, revealing a revenue miss and declining transaction volumes. We also discuss the top politicians opposing cryptocurrency in the U.S. as the election approaches, and highlight the potential for big gains with three promising memecoins ahead of the 2024 presidential election. Additionally, we cover the latest developments in the FTX scandal, focusing on former executive Nishad Singh's cooperation with prosecutors and its implications for the crypto industry.

Sources:
https://www.benzinga.com/markets/cryptocurrency/24/10/41637702/coinbase-q3-earnings-highlights-revenue-miss-eps-miss-transaction-revenue-falls-from-q2
https://coingape.com/top-5-politicians-opposing-cryptocurrency-in-the-usa/
https://watcher.guru/news/cryptocurrency-top-3-memecoins-for-big-gains-in-november-24
https://www.aljazeera.com/economy/2024/10/30/former-ftx-executive-nishad-singh-spared-prison-for-cooperation

Outline:
(00:00:00) Introduction
(00:00:40) Coinbase Q3 Earnings Highlights: Revenue Miss, EPS Miss, Transaction Revenue Falls From Q2
(00:03:00) Top 5 Politicians Opposing Cryptocurrency In The USA
(00:05:34) Cryptocurrency: Top 3 Memecoins For Big Gains In November '24
(00:08:20) Former FTX executive Nishad Singh spared prison for cooperation