[Lunch Briefing] Coinbase Delists Wrapped Bitcoin (WBTC)

Major virtual assets are on a downward trend. As of 12:39 pm on the 20th, based on Bithumb, BTC fell 0.24% from the previous day to 12,871 million won. Ethereum (ETH) fell 0.74% to 4,321,000 won, Solana (SOL) fell 3.71% to 324,000 won, Binance Coin (BNB) fell 0.81% to 854,000 won, and Ripple (XRP) fell 1.58% to 1,497 won. The international market is also on a downward trend. At the same time, on CoinMarketCap, BTC recorded $91,884.99, up 0.48% from the previous day. ETH fell 2.26% to $3,084.54, SOL fell 4.43% to $231.46, BNB fell 1.63% to $608.31, and XRP fell 5.85% to $1.07. The total market capitalization of virtual assets decreased by 0.65% from the previous day to about $3.06 trillion (about 426.15 trillion won). The Crypto Fear and Greed Index of Alternative.me fell 7 points from the previous day to 83 points, indicating 'extreme greed'. Coinbase will delist Wrapped Bitcoin (WBTC). According to CoinTelegraph, Coinbase said it will suspend WBTC trading from 12 pm on December 19 after a periodic review of the listing criteria for exchange products. Coinbase is currently only supporting limited order trading of WBTC and the withdrawal function will remain available. Wrapped Bitcoin expressed regret over Coinbase's decision to delist WBTC and urged Coinbase to reconsider the decision and continue to support WBTC trading. Some analysts suggest that Coinbase's delisting of WBTC may be an attempt to expand Coinbase Wrapped Bitcoin (cbBTC), which was launched in September.