Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance
The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.
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The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.
The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen.
Traders have been using meme tokens as a proxy bet on the growth of Ethereum or other blockchains.
The stablecoin earns yield by shorting ether futures and capturing funding rates – which have surged in the past two weeks.
The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.
The tokens have been sold to an undisclosed buyer and will be vested for two years.
Bitcoin traders are having a relook at the $200,000 call option after a gap of nearly three years.
The U.S. will appeal the ruling of a Montenegro Court to hand Terraform Labs co-founder Do Kwon to South Korea, according to Bloomberg.
The announcement comes as Hong Kong works to brand itself as Asia’s digital assets trading hub.
Bitcoin has already climbed to new all-time high while ether is lagging, but previous market cycles suggest change is coming.