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Produced by Daniel Aharonoff & Mogul Media AI

Coinbase Raises $1 Billion in Convertible Notes

Coinbase's Bold Move: Raising $1 Billion in Convertible Senior Notes In an audacious financial maneuver, Coinbase, the leading digital asset exchange in America, has announced a private offering aimed at raising $1 billion through convertible senior notes. This strategic decision not only underscores the growing confidence in the cryptocurrency market but also showcases the exchange's ambition to further solidify its position within the industry. Coinbase Stock Performance As of the latest trading session, Coinbase's stock, designated as COIN on the Nasdaq, experienced a notable uptick of 3%, bringing the share price to $263.86. Here’s a brief overview of its recent performance: Previous Close : $256 on Tuesday Intraday High : Surged above $268 on Wednesday morning Month-to-Date Growth : Nearly 90% Recent Peak : Reached its highest price since 2021 at $271.65 earlier this week The robust performance of COIN illustrates investors' renewed interest in crypt...
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Produced by Daniel Aharonoff & Mogul Media AI

# U.S. Lawmakers Push for DOJ Investigation into Binance and Tether's Alleged Funding of Hamas

nt out that there is a lack of evidence to support these claims. It is important to carefully evaluate the facts before making accusations that could potentially harm the reputation of companies like Binance and Tether. Furthermore, it is crucial to consider the potential consequences of such investigations and ensure that they are conducted in a fair and unbiased manner. While it is necessary to hold bad actors accountable for facilitating illicit activity, it is equally important to avoid jumping to conclusions without sufficient evidence. The Department of Justice should proceed with caution and thoroughly investigate the allegations against Binance and Tether before reaching any charging decisions.

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