Is Coinbase another FANG stock, or part of the Tesla-Bitcoin nexus?

IT feels like a sweeping narrative is needed to make sense of a world in which cryptocurrency exchange Coinbase Global is a publicly-listed company worth US$86 billion (three times more than the exchange it is listed on), one Bitcoin is worth more than US$62,000 and a digital-art file is worth US$69 million - all in the heat of a global health crisis.

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