Coinbase's Market Surge
The recent direct listing of Coinbase sparked significant excitement in the market, with shares closing well above their reference price. Observers noted the perfect timing, coinciding with Bitcoin hitting an all-time high and broader market indices reaching new peaks. Despite high fees, Coinbase's impressive revenue and trading activity have positioned it as a major player, even surpassing the valuation of the New York Stock Exchange's parent company.In this clip
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