COIN price prediction as Coinbase teases new synthetic Bitcoin (cbBTC)
Coinbase Global Inc (NASDAQ: COIN),a leader in cryptocurrency exchange, has recently stirred the market with hints of an upcoming product launch, a synthetic Bitcoin (BTC) token named “cbBTC.” This potential addition to Coinbase’s offerings could position the exchange as a formidable competitor in the synthetic Bitcoin market, which is currently dominated by BitGo’s Wrapped Bitcoin (WBTC). The announcement of cbBTC is especially significant as it arrives amid growing concerns and controversy surrounding WBTC and its association with Tron (TRX) founder Justin Sun. Picks for you HyperCycle unveils RingOfRings project to enhance crypto security 3 hours ago Here's Bitcoin's new bullish target as key price level...