Coinbase CEO Decides To Sell His 2% Stake
Cryptocurrency News Live Updates and Latest News: (15 October 2022) After registering a broad recovery on Friday, the global digital asset market cap have dropped by the 2.3% over the past day. Its total market cap now stands at $919 billion with a trading volume of $57.12 billion.
However, the increased correlation between the traditional markets and crypto markets is still the key. JPMorgan, one of the US biggest banks registered a massive drop in its net profit in the 3rd quarter.
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2022-10-15T13:01:00+5:30
Coinbase CEO aims to sell 2% of his stakes
Brian Armstrong, Coinbase CEO has rolled out plans to sell 2% of his holdings in the crypto exchange. He took to Twitter to announce this event. Armstrong will be selling his stakes to fund scientific research which is part of his co-founded companies. It will include organizations like NewLimit and scientific research firm ResearchHub.
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