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“# Coinbase could see fee compression in long term, CEO expects ” Coinbase CEO Brian Armstrong has addressed the platform’s transaction fees as the company’s shares list on Nasdaq today. In a CNBC Squawk Box interview on Wednesday, Armstrong discussed public concerns associated with Coinbase’s massive returns coming from transaction fees. As previously reported, nearly…
“# CEO says PayPal’s crypto commerce may reach $200M volume in just months ” As the price of Bitcoin continues to reach new all-time highs, major corporations with existing crypto offerings in place are beginning to discuss grand plans for the future. Most recently, Dan Schulman, CEO of PayPal, hinted at future developments for PayPal’s…
“#Dogecoin price soars to record high amid latest crypto frenzy” Dogecoin has the internet howling yet again. The cult coin nearly doubled its value in less than a day amid a new wave of investor enthusiasm for cryptocurrencies. Dogecoin exploded to a new all-time high of about 14.5 cents early Wednesday morning, hours after roaring…
“# Bitcoin can hit $92K in April and still not match bull run RSI peaks: Analyst ” Bitcoin (BTC) can surge to $92,000 in the next two weeks and still “only” be matching its past performance, new data claims. In a tweet on Wednesday, PlanB, the analyst behind the stock-to-flow family of Bitcoin price models,…
“# Canadian Bitcoin ETFs quickly hit $1.3B in AUM while US acceptance lags ” The Purpose Investments ETF, the first Bitcoin (BTC) exchange-traded fund to launch in North America, has seen its assets under management soar to $1.1 billion less than two months after launching. Two Bitcoin ETFs that launched shortly after Purpose’s in Canada…
“# Ether price flirts with $2,400 ATH as irreversible hard fork looms ” Led by Bitcoin’s (BTC) ascent to a new all-time high, along with much of the wider cryptocurrency market, Ether (ETH) continues to push new all-time highs on Wednesday as the coin price flirted with the $2,400 range for the first time. The…
“# Bitcoin futures open interest soars to new heights ahead of Coinbase listing ” Open interest in Bitcoin futures has surged to new record highs ahead of Coinbase’s April 14 direct listing on the Nasdaq. Crypto market data aggregator Glassode states that Bitcoin open interest has exceeded $27 billion for the first time as Bitcoin…
“# Analysts say Coinbase listing represents a ‘watershed’ moment for crypto ” Coinbase, the top cryptocurrency exchange in the United States will soon be a publicly listed company once its COIN stock launches on the Nasdaq stock exchange on April 14. Generally, the sentiment around the listing has been overwhelmingly positive from both the crypto and…
“#Bitcoin price hits record above $63K before Coinbase listing” The price of bitcoin climbed to a new record high above $63,000 Tuesday as the cryptocurrency exchange Coinbase prepares to go public this week. The world’s largest and oldest digital coin hit an all-time peak of $63,209.45 Tuesday morning, according to CoinDesk, surpassing the previous record…
“# Miami nightclub accepts Bitcoin as nightlife cautiously returns ” A nightclub in Miami is set to return from oa COVID-19-related shutdown of over a year by accepting Bitcoin (BTC) and other cryptocurrencies as a form of payment. Luxury nightclub E11even Miami announced Tuesday that it will soon start accepting cryptocurrency as payment for tables, drinks,…