Coinbase posted a major first-quarter beat late Thursday, driven by bitcoin's start-of-the-year boom and renewed interest in cryptocurrencies. Meanwhile, bitcoin rebounded slightly after falling on Wednesday to a key pressure point for institutional investors. Cryptocurrency prices and spot bitcoin ETFs jumped on bitcoin's advance. Coinbase stock initially fell on results. Coinbase (COIN) reported earnings of $4.40 per share, up from a loss of 34 cents per share the same quarter a year prior. Total revenue leapt to $1.64 billion, up 111% year over year and increasing 72% from last quarter. Analysts polled by FactSet ... (full story)