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2025-06-07
22:55
Coinbase Ad Sparks Debate: Traders Turn to Decentralized Exchanges Like Hyperliquid for Bitcoin Security

According to @KookCapitalLLC, the latest Coinbase advertisement has drawn criticism from the crypto trading community, with concerns that the centralized exchange could assist government authorities in accessing users' Bitcoin holdings (source: Twitter, June 7, 2025). This reaction is driving increased trader interest in decentralized platforms such as Hyperliquid, which emphasize user-controlled custody and privacy. The shift underscores a growing trend where traders are actively seeking non-custodial, decentralized alternatives to mitigate regulatory risks and maintain asset sovereignty, a move that could impact Bitcoin trading volumes on centralized exchanges.

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