Coinbase has announced a significant expansion of its financial services, now offering stocks, prediction markets, futures, and tokenization. This move positions Coinbase to compete more aggressively as a comprehensive financial services platform.
In a major investment, Michael Saylor's firm has purchased nearly $1 billion worth of Bitcoin. Despite this substantial acquisition, Bitcoin's price experienced a 4% decline, leaving future price predictions uncertain.
In other developments, Circle's acquisition of Interop Labs has raised concerns among Axelar holders. Meanwhile, Ripple's RLUSD has climbed into the top five USD stablecoins, and over 125 groups have urged Congress to safeguard stablecoin rewards.
Coinbase Expands Services; Saylor Invests $1B in Bitcoin
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