ALSO: Both bitcoin and ether reached nearly four-week highs. Equities closed higher. Crypto exchange Coinbase (COIN) said it’s planning to reduce headcount by around 950 employees as part of a restructuring that it expects to be complete by the end of the second quarter. This article originally appeared in Crypto Markets Today, CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. Subscribe to get it in your inbox every day. This figure would amount to around 20% of Coinbase’s workforce, which sits at about 4,700 according to the company’s website. In a U.S. Securities and Exchange Commission filing on Tuesday, Coinbase said it is responding to “ongoing market conditions impacting the crypto economy.” The company expects the restructuring to cost $149 mi
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