"Coinbase's $1B Convertible Notes Plan Amid Stock Surge"

1 min read
Source: CoinDesk
"Coinbase's $1B Convertible Notes Plan Amid Stock Surge"
Photo: CoinDesk
TL;DR Summary

Coinbase plans to raise $1 billion through a convertible bond sale, following MicroStrategy's lead, to capitalize on the crypto market rally without diluting existing shareholders' ownership. Meanwhile, QCP Capital predicts a potential correction in Ether's price due to negative risk reversals and concerns about market leverage. Additionally, a study by the USPTO and the U.S. Copyright Office concludes that current intellectual property laws are sufficient to address copyright and trademark issues related to NFTs, despite common infringement on NFT platforms.

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