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Bitcoin's new high, bonds go bananas, and Coinbase joins the S&P 500: Markets news roundup
Bitcoin's new high, bonds go bananas, and Coinbase joins the S&P 500: Markets news roundup
Coinbase, the largest U.S. crypto exchange, officially joins the S&P 500 today (May 19), replacing Discover Financial Services (DFS) following its acquisition by Capital One (COF). The move marks a major moment of mainstream legitimacy for crypto, which until recently prided itself on being an alternative to the financial system.
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