Public Keys: Copycat Lawsuits for Bitcoin Giant Strategy, Coinbase Hits All-Time High
Bitcoin treasury firm Strategy is facing multiple copycat class action lawsuits from at least five different law firms, all accusing the company of misrepresenting the risks associated with its BTC buying strategy. Legal experts explain that these firms are likely competing for a lead role in a consolidated case, potentially yielding lucrative fees. Meanwhile, Coinbase has achieved a new all-time closing price of $375.07, as it prepares to launch U.S.-regulated perpetual-style futures for Bitcoin and Ethereum next month. Analysts are optimistic about Coinbase's growth potential, setting price targets as high as $510. The company also announced that its Base layer-2 network has added Cardano and Litecoin to its offerings, enhancing users' access to Ethereum's DeFi ecosystem. As the legal and market landscape evolves, investors and industry watchers are keenly observing these developments in the crypto space.
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