A look at the "Coinbase effect", the popular trading platform's power in influencing the nascent cryptocurrency markets with its 10M+ users (Ryan Mac/BuzzFeed)
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Ryan Mac / BuzzFeed:
A look at the “Coinbase effect”, the popular trading platform's power in influencing the nascent cryptocurrency markets with its 10M+ users — On Tuesday, Justin Blau, a well-known DJ and amateur bitcoin trader, was fixed to his computer monitor, caught up in what he thought would be the latest cryptocurrency gold rush.
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