Coinbase Shares Surge 13% Following Brazil Expansion Announcement

The stock of US top crypto exchange Coinbase is up 12% today after the company revealed plans to expand its operations to Brazil. The exchange has promised to deliver a platform that allows Brazilians to buy and sell cryptocurrencies using the country’s currency, reais. Coinbase also said it would support reais withdrawals through Pix, a…

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Bitcoin (BTC): What Triggered the Recent Slump Beneath $40K?

Bitcoin saw a plummet on Wednesday, losing a vital support floor and catalyzing colossal liquidation of the cryptocurrency marketplace. The crypto’s recent slump seems directly tied to the crash in US tech stocks. The previous 24 hours saw Bitcoin losing 5% of its value, changing hands near $38.5K at this publication. On the other part,…

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