Bitcoin Dips Below $81K as Crude Surges and Fed Signals Hawkish
Bitcoin fell below $81,000 on Thursday as oil surged and a Fed official signaled more rate hikes are likely.
Coinbase's first chief business officer discusses how new SEC rules could let financial advisors hold Bitcoin and the exchange's custody role.
Fresh regulations from the SEC may allow financial advisors to keep Bitcoin on behalf of their clients, and Coinbase has already positioned itself at the heart of that custody narrative. Shan Aggarwal, who serves as Coinbase's inaugural chief business officer, describes how the exchange holds the bulk of Bitcoin ETFs in custody and assists the advisor network. He views the advisor rule as broadening access to Bitcoin, with Coinbase supplying the underlying infrastructure.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Bitcoin fell below $81,000 on Thursday as oil surged and a Fed official signaled more rate hikes are likely.
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