Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving customers a gateway to decentralized finance (defi) apps on Ethereum and Base, utilizing bitcoin (BTC). The cbBTC token is actually a wrapped model of bitcoin, absolutely backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Alternatives In line with the San Francisco-based crypto trade, […]
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Bitcoin Exchange Reserves Hit 5-Year Low—What Does This Signal?
The Bitcoin market seems to have taken an intriguing flip because the asset’s reserves on centralized exchanges have hit the...