Coinbase appoints a former U.S. employee as its new Senior Public Policy Manager Securities and Exchange Commission (SEC), Thaya Knight. At the same time, the value of COIN, the shares of the crypto exchange, is collapsing, following the general downward trend of cryptocurrencies.

Coinbase and the appointment of the former SEC employee as head of public policy

The continued presence of the SEC in crypto events does not seem to stop only with investigations and accusations. Indeed, to see Coinbase, the popular listed crypto exchange, the last resort added to his team comes from the U.S. Securities and Exchange Commission. Thaya Knight, a former SEC employee, posted her new job on LinkedIn: Senior Public Policy Manager at Coinbase. “Friday was my last day at the SEC. While this start was bittersweet, I'm very excited to join Coinbase's public policy team this week. I'm looking forward to a great and exciting job with this fantastic team! " Interesting move that of Coinbase, which at the beginning of last September seemed to have been sued by the SEC for its project to launch a financial product that allows users to earn interest by lending digital currencies. This is the “Lend” product which, due to the legal threat from the SEC, was not then launched in the US market. Collapse for COIN on the stock exchange Summary • Coinbase: COIN collapses following the trend of cryptocurrencies • Bitcoin: the price drops but increases as a trend topic on Twitter Coinbase: COIN collapses following the cryptocurrency trend In the last month in the red of cryptocurrencies, the shares of the crypto exchange listed on NASDAQ, COIN, have also seen their collapse. Compared to Christmas day 2021 (exactly one month ago), at the time of writing, the price of Coinbase (COIN) has fallen by -31.68%, from $ 280 to $ 191. Although the company prepares for the launch of Coinbase NFT, its primary market remains a cryptocurrency exchange, and therefore its "fortunes" are in a sense tied to those of the wider crypto scene. Specifically, last Friday the price of COIN seems to have dropped from $ 221 to $ 191 and on that very day, Coinbase left a not very happy comment! "What a week 😶 Leave an emoji to show us how you feel" Bitcoin: the price drops but rises as a trend topic on Twitter And if the price is not rising, at least the queen of crypto is a trend topic on the social network of crypto-lovers, Twitter. In this month, while BTC's price jumped from $ 50,000 last Christmas 2021, to $ 36,230 at the time of writing, its hashtag #Bitcoin on Twitter appears to have had a 90% increase in interest in a week. Following this, the hashtag #Ethereum also seems to be performing well from this point of view. Nothing to do with the price that went from $ 4,052 at Christmas to $ 2,400 today.

Stefania Stimolo

Graduated in Marketing and Communication, Stefania is an explorer of innovative opportunities. Starting as a Sales Assistant for e-commerce, in 2016 she began to get passionate about the digital world independently, initially in the Network Marketing area where she knows and becomes passionate about the ideal of Bitcoin and Blockchain technology, becoming a popularizer as a copywriter and translator for ICO projects and blogs. and organizing cognitive courses.

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