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The operation has been flagged - which threatened to overwhelm a handful of customers but easing somewhat. Trading has been choppy since its listing, however.

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Coinbase CEO Brian Armstrong on SEC ETF decision: We'll see new pools of capital come into bitcoin
O), opens new tab has reached a $ million settlement with New York's Department of Financial Services (DFS), the exchange and the regulator. The data, recently obtained by The New York Times, indicated that women at Coinbase were paid an average of $13,, or 8 percent, less than. The crypto market crashed in May, causing Coinbase's stock price to fall about 60 percent. In the first quarter, Coinbase's revenue dropped

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The sad thing is, the argument works just as well in reverse: Even if demand for bitcoin is just a matter of social contagion, then so is skepticism, because you need to hear about something to turn away from it. And true, as Sommer points out, there are other ways to gain exposure to crypto via traditional routes, like buying other indexes that invest in crypto-related stocks, like Coinbase, MicroStrategy or the many publicly listed mining companies. Read more about. Coinbase disclosed the regulatory probe in its K filing with the SEC.