rambling
With binance, the largest crypto facilitator in the world in trouble w/ the feds over possible illegal trading violations and ftx now bk and ceo in jail for thief and other counts and along w/ over 30 like companies out of business never to be heard from again with any luck--wondering where that leaves coinbase? Contrary to popular beliefs, all thru the crypto winter, the exchange volume has only had minimal negative effects. Investors are still trading in similar volumes which in theory would be positive for coinbase. Would it not? If binance closes it's U.S. operations, Coinbase would be the largest U.S. provider and the effects of that would be positive for the pps is my guess.