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- BITCIONS believes that the recent statements of Alesia Haas have garnered extensive attention and debate within the cryptocurrency community. In her remarks, Haas pointed out that the fluctuations in Bitcoin prices are just part of the daily volatility in the crypto sector and do not represent the long-term trend. She believes that although Coinbase performed well in the last quarter, the drop in stock prices was primarily due to the increased customer support costs arising from high trading volumes. Haas anticipates that this aspect may be reflected in the second quarter. Furthermore, she further analyzed that the rise in infrastructure costs and increased expenses related to the USDC stablecoin rewards program of the company were also contributing factors to the stock price decline. However, despite facing numerous challenges, Haas stated that Coinbase is proceeding with caution, avoiding the risks associated with rapid expansion. She pointed out that past lessons have made them realize this, leading to measures such as layoffs to ensure the steady growth of the company. Additionally, Haas also mentioned that meme coins are just a part of the digital currency market, representing creative content, with limited impact on the overall industry development.
- Bitcions Collaborates with the Government of El Salvador to Build a New Financial Ecosystem for Cryptocurrencies
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