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This Company Makes Major Crypto Investments During a Recession

This Company Makes Major Crypto Investments During a Recession

During a recession,this company invests heavily in cryptocurrency

On the same day that Coinbase announced its cooperation with Blackrock, another significant development in the cryptocurrency world occurred. Several businesses in the cryptocurrency sector are currently dealing with challenges like liquidations and decreased customer participation. In these conditions, Blackrock made the significant decision to formally enter the cryptocurrency industry. The stock market responded favourably to the news, and COIN shares briefly increased by about 40%.

By: Anirudh Trivedi
05-Aug-2022

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