Strategy Eyes Global Credit Expansion With Focus on International Markets

Strategy posts record profits and strengthens balance sheet as it eyes S&P 500 inclusion.

• The company reported $12 billion in operating income and $8.6 billion in net income for the first nine months of 2025, reversing last year’s losses and achieving earnings per share of $27.71.
• CEO Phong Le and Executive Chairman Michael Saylor emphasized convertible debt reduction by 2029 and digital credit expansion globally.
• For the second consecutive quarter, Strategy (MSTR) has qualified for potential inclusion in the S&P 500.

Wall Street Divided on Coinbase’s Path Forward After Q3 Earnings Beat

Transaction revenue hit $1.05 billion, but price targets range from $266 to $510 as Wall Street debates whether growth can outpace rising costs.

• Coinbase beat third-quarter estimates with strong transaction and subscription revenue, but analysts are split on whether that momentum can be sustained.
• Bulls point to growth in B2B crypto payments, key partnerships and regulatory tailwinds, while bears worry about rising costs and margin pressure.
• Analyst price targets range from $266 to $510, reflecting sharp disagreement over Coinbase’s ability to turn short-term gains into long-term profitability.

Analyst Says Ethereum Is the Best Ecosystem and Ether Is Poised to Top $5,000

Ether rose on heavier trading, then slipped after an upper-band rejection, leaving a tighter range and a clear set of checkpoints above and below.

• ETH gained 1.50% to $3,822.60 as volume ran 19.01% above the seven-day average.
• A late drop from $3,869 to $3,820 followed rejection near the $3,860–$3,880 band.
• Support sits at $3,680–$3,720, with a reclaim of $3,880 reopening the $3,887.35 session high.

Onchain revenue nears $20B in 2025, marking a maturity test for crypto: Research

Blockchain fees are set to reach $19.8 billion this year, demonstrating the technology’s growth beyond speculation into real, user-driven economic activity

The blockchain industry is showing signs of newfound maturity — at least by one often-overlooked metric — pointing to broader adoption across decentralized finance, consumer apps and emerging sectors.

According to a new Onchain Revenue Report from venture capital company 1kx, onchain revenue, as measured by user-paid fees, is on track to reach $19.8 billion in 2025. That follows a record-breaking $9.7 billion in the first half of the year alone.

Coinbase Tops Expectations as Transaction Revenue Hits $1B

Coinbase’s Base network became profitable in Q3 as transaction volume rose and ETH prices climbed, supporting broader gains across trading and services.

• Coinbase reported $1.9 billion in Q3 revenue, up 58% year-over-year, as trading activity and asset prices rebounded.
• Transaction revenue more than doubled from last year to $1.0 billion, while adjusted EBITDA reached $801 million.
• The company said its Layer 2 blockchain, Base, is now profitable, driven by increased usage and higher ETH prices.