Key Insights:
- Coinbase (COIN) highlights increasing demand from regulators and lawmakers.
- MicroStrategy (MSTR) increased its BTC holdings in November, eying progress toward a BTC-spot ETF market.
- The SEC was back in hot water with the US courts as it tried to bring down another crypto platform.
Coinbase Jumped 61.72% in November on Binance Woes
Leading crypto exchange Coinbase (COIN) surged 61.72% in November. A bullish month for the crypto market and investor reaction to the Binance penalty fueled a breakout month. Coinbase shares revisited the $131 handle for the first time since April 2022.
After an impressive November, Coinbase was up 242% to $127.82 year-to-date to November 30, 2023. There was no sell-off on December 1, 2023. Coinbase rallied…
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