Coinbase surges after Cboe names crypto exchange in bitcoin ETF application

Coinbase surges after Cboe names crypto exchange in bitcoin ETF application
Chibuike Oguh - Reuters
Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13% on Monday after exchange operator Cboe said it was working with the cypto company in its effort to launch a spot bitcoin exchange-traded fund.
/jlne.ws/3O0MEmo

 

But... wasn't that already widely known?

 

Monday? It is Wednesday now...

 

Coinbase continues to trade between 50 and 85.
It will continue to do so unless there is some major news/events.

 

Closer to zero than 350

 

Right.

It is still on the downtrend.

 

Coinbase has it's court case with the SEC on the 13th....

Let that sink in for a minute....

 

It's going to be a long, long, long drawn out fight...

Even XRP seems to have beaten up on Gensler...