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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.
Coinbase responds to the SEC's June 13 filing, which snubbed the exchange's request for a rulemaking petition.
Coinbase funds USDC rewards from its own pocket, not through lending interest.
Coinbase is a publicly listed digital asset platform that operates one of the largest regulated crypto exchanges in the United States.
