Why Coinbase Global Stock Couldn't Maintain Its Pop Today

It's been a busy day in the world of crypto and decentralized finance (DeFi). The FBI has warned investors to take precautions before investing in DeFi platforms. This comes as GoTo, an Indonesian tech firm, announces the purchase of a local crypto exchange for $8.4 million. Central African Republic's top court has also blocked purchases with a new cryptocurrency. Meanwhile, crypto influencers are being criticized for peddling questionable advice and profiting off their viewers regardless of which way the market turns.

• The FBI has warned investors to take precautions before investing in decentralized finance platforms, citing the lack of regulatory oversight as a major concern.
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• Central African Republic top court blocks purchases with new cryptocurrency: The Central African Republic's Constitutional Court has blocked the purchase of a new cryptocurrency, the petro, citing concerns over its legality.
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• Crypto influencers pedal questionable advice and profit off their viewers — no matter which way the market turns: Cryptocurrency influencers are accused of peddling questionable advice and profiting off their viewers, regardless of which way the market turns.
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• Why Ethiopia has moved from banning crypto to regulating it: Ethiopia has reversed its stance on cryptocurrency, from banning it to regulating it.
• Meta now lets you post your NFTs on both Facebook and Instagram: Meta, a protocol for non-fungible tokens (NFTs), has launched a new feature that allows users to share their NFTs on both Facebook and Instagram.
• Bitcoin drops below $20,000 over concerns on Fed rate hikes: Bitcoin prices have dropped below $20,000 amid concerns that the US Federal Reserve will raise interest rates.
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• Why Is Bankrupt Crypto Lender Celsius Rallying Today?: Bankrupt crypto lender Celsius is rallying today after announcing a new partnership with major crypto exchange Binance.
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• Why Coinbase Global Stock Couldn't Maintain Its Pop Today: Coinbase Global stock fell today after hitting an all-time high yesterday.
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