Bitcoin victim of its success?
Bitcoin victim of its success?
100,000 new registrants in 24 hours on Coinbase !!
After the announcement last week by the CME to launch Bitcoin futures, a rush to the Coinbase platform has occurred and 100,000 new users have registered in 24 hours.
As a reminder, Coinbase is one of Bitcoin's best-known trading platforms, with nearly 12 million users in 32 countries around the world.
These new users have probably been attracted by the vertiginous rise of Bitcoin in recent days.
With all these new users, the demand and price of Bitcoin should explode, especially since despite all these investors, less than 0.5% of the world's population is invested in digital currencies.
Will Coinbase resist this flood of new traders?
As for Bitcoin, he will certainly have to evolve to cope with this exponential demand.
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Disclaimer. This content is for informational and educational purposes only. It does not constitute financial advice, a recommendation, or an offer to buy or sell any security or digital asset. Past performance does not guarantee future results. Cryptocurrency investments are subject to high market risk and volatility.