Michael Saylor Conjures Stock Market Magic With Giant Plan to Buy More Bitcoin
Michael Saylor’s MicroStrategy tops Coinbase as the biggest crypto stock after revealing huge plan to buy more bitcoin (BTC).
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Michael Saylor’s MicroStrategy tops Coinbase as the biggest crypto stock after revealing huge plan to buy more bitcoin (BTC).
The U.S. presidential election is an important short-term catalyst for Coinbase and the wider industry, and could lead to more regulatory clarity, analysts said.
Coinbase CEO Brian Armstrong (Coinbase)
Coinbase logo in Times Square (Robert Nickelsberg/Getty Images)
Coinbase Q3 earnings preview
A notable outperformer was bitcoin miner Bitfarms, which nominated a new board member amid its proxy battle with Riot Platforms.
The crypto exchange’s volume has nearly quadrupled between mid-year and September.
Earlier this week, Canadian crypto custody specialist Balance announced it had become a qualified custodian in the country.
Kaiko pointed to a notable drop in 2% BTC market depth on Coinbase in a report early this week.