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Bitcoin traders often treat old-coin movement as a sign that long-term holders are waking up. Coinbase’s $69.5 billion BTC migration suggests that signal may be less reliable than it looks.
Regulatory compliance and global licensing achievements fuel Coinbase's stock surge to a 10-month peak.
Coinbase CEO Brian Armstrong said Binance's regulatory woes vindicates his firm's approach.
Coinbase is a publicly listed digital asset platform that operates one of the largest regulated crypto exchanges in the United States.
