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Global stocks climb while Bitcoin stumbles. Institutions shift from crypto to gold amid reliability doubts, ETF outflows, and signs of hidden deleveraging across exchanges
〈Global Stocks Rally While B...

Global Stocks Rally While Bitcoin Falls: Why Crypto Can’t Match Gold’s Momentum

Major US cryptocurrency exchange Coinbase has acquired Echo, a platform that allows communities to raise funds for early-stage projects and startups.

Coinbase announced on Tuesday that it had acquired Echo, the crowdfunding platform founded by crypto trader Jordan Fish (known as Cobie in the community), for $375 million.

The acquisition came a day after Coinbase transferred $25 million in USDC to Cobie's wallet to purchase and burn a non-fungible token (NFT).

Are ICOs back? Why Coinbase is betting $375 million on on-chain ICO crowdfunding

Ethereum price has spent most of October struggling to build strength above $4,000. Despite holding its broader uptrend, ETH trades around $3,935 at press time, down 6.6% this week, showing hesitation...