Digital Platform Coinbase Nears All-Time Low in Wake of FTX Collapse, Where to for COIN?

Digital banking platform Coinbase has had quite the traumatic experience since it went public last year. Trading under the symbol $COIN, shares of Coinbase Global, on Wednesday touched near all-time lows as Bitcoin nears two-year lows. The surprising collapse of billionaire Sam Bankman-Fried’s FTX exchange continued to reverberate around cryptocurrencies from FTX’s liquidity crunch. The collapse opened Pandora’s box with the Binance-FTX deal as more dominoes fall over with liquidations. A federal probe into FTX’s actions reportedly is underway. Digital … Continue reading “Digital Platform Coinbase Nears All-Time Low in Wake of FTX Collapse, Where to for COIN?”