The Coinage of Chaos: What a Wobbly Coinbase Says About Us The cryptocurrency market's leading light, Coinbase, has been shedding value like confetti at a bad party.
Its stock price plummeted through its 50 day moving average on Wednesday, indicating a loss of investor confidence rather than any fundamental issue with the company.
The Senate's failure to advance the Digital Asset Market Clarity Act has left investors feeling uncertain about their investments.