Coinbase’s Shares Face Enhanced Volatility Following Super Bowl Fiasco

After attracting millions of Superbowl viewers, Coinbase, a popular crypto-exchange, saw its shares rise as the markets opened today.

Over the weekend, Coinbase traded 5% lower than the Nasdaq. Their stock was trading 5% lower than the Nasdaq over the weekend. However, it traded at around $200 on Monday. The incentive promised a better return than FTX’s giveaway of 7.54 Bitcoin to only 4 lucky winners. Within minutes of the advertisement airing, the exchange had attracted 20 million visitors to its landing page. This caused the site’s website to temporarily crash. He scored the first touchdown, but was eventually removed from the match due to injury. Drake, a Canadian rapper, won more than $300k in Bitcoin bets for Beckham’s victory and the Rams’ win.

Coinbase stock. Source: Tradingview
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Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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