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Crypto

Coinbase Stock Soars 5.8% Amid Rising Crypto Trading Volumes

Guavy AI Editorial Team
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Coinbase Global Inc's (COIN) stock has seen a significant surge of 5.8% due to rising sentiment on expanding crypto trading volumes.

The company is set to launch tokenized U.S. equities on its Base chain using Chainlink oracles, allowing for new DeFi lending, borrowing, and trading angles for non-U.S. traders.

Additionally, Coinbase has partnered with Better Mortgage, enabling borrowers to pledge crypto as collateral and earn up to a 1% mortgage rebate through Coinbase One.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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