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Coinbase, MicroStrategy and Other Crypto Stocks Lastly See Some Relief After Current Losses


May 13, 2022

” The degree of the damage triggered from the depegging of current stablecoins, and collapse of LUNA is unidentified and will likely continue to play out in the weeks to come, however we anticipate that current occasions in the crypto market to be drivers for guideline, especially around stablecoins, which we believe would be invited by financiers,” Chris Allen, an equity research study expert at Compass Point informed customers in a note Friday.

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