10/16/2023 0 Comments Robinhood app commercial girlThat’s “highly suggestive” that the typical Shiba trader on Coinbase is a small retail trader, Water said. Kyle Waters, a research analyst at the blockchain data and analytics firm Coin Metrics, said the median trade size of Shiba on that busy Wednesday was $115. What seems apparent though, is that retail investors - the little guys - are leading the way. Whether that lack of regulation is driving the recent spikes in Shiba and other digital assets is not clear. Securities and Exchange Commission, Gary Gensler, said in August that the world of crypto doesn’t have enough investor protection and compared it to "the Wild West.” Stronger regulation of the crypto markets seems inevitable, but it's unclear when it might happen.
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