According to CoinMeta, Coinbase released its third-quarter financial report, with revenue reaching $1.22 billion, in line with expectations. After adjustments, EBITDA was $332.9 million, exceeding the expected $282.9 million. Transaction revenue amounted to $590 million, slightly higher than the anticipated $575 million, and subscription and service revenue was $570 million, surpassing the expected $564 million. The report indicates that conditions in the crypto market were weak during the third quarter, but macroeconomic headwinds have begun to reverse. Coinbase expects subscription and service revenue in the fourth quarter to be between $550 million and $630 million, with adjusted expenses ranging from $1.007 billion to $1.157 billion, and transaction revenue to be around $165 million.