Coinbase amplifies crypto’s shiny object syndrome — TradingView News
Crypto is gaining currency. Coinbase 
COIN, which operates an exchange for buying and selling bitcoin and other digital money, will be joining the S&P 500 Index 
SPX, depositing decentralized finance into more investment portfolios. It’s a fresh step to mainstreaming an industry whose glossy veneer masks a murkier underbelly.
Legitimacy has come quickly, less than three years after a scandal toppled Sam Bankman-Fried’s exchange operator, FTX. The Trump administration rolled back tougher enforcement policies under former U.S. Securities and Exchange Commission Chair Gary Gensler. Instead of being kept on the market fringes, cryptocurrencies are being ushered into the financial firmament.
