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“# Coinbase adds hidden message with political undertones to BTC blockchain on day of IPO ” The crypto exchange, whose CEO has previously dissuaded employees from expressing political views, started its initial public offering off with a message referencing U.S. President Joe Biden’s stimulus package. According to Coinbase, the crypto exchange had mining pool F2Pool…
“# Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq ” Following months of build-up and speculation, Coinbase (COIN) listed on the Nasdaq and in true cryptocurrency fashion, opening day trading was a volatile affair that may have had a widespread effect on the cryptocurrency market. COIN’s reference price was initially $250…
“# Coinbase listing is crypto’s ‘Netscape moment,’ says Mike Novogratz ” Galaxy Digital founder and CEO Mike Novogratz compared the listing of Coinbase’s shares on Nasdaq today to the dawn of a new age in the adoption of crypto. In an interview with CNBC’s Squawk Box this morning, Novogratz called the long-awaited initial public offering,…
“# 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…
“# Binance and FTX list Coinbase stock tokens ahead of exchange’s Nasdaq debut ” Major global cryptocurrency exchanges including Binance and FTX have announced the listing of Coinbase’s stock token ahead of its direct listing on Nasdaq. According to an announcement on Wednesday, Binance will list Coinbase’s stock token (COIN) today, allowing its users to trade fractional…
“# Coinbase’s COIN stock reference price set at just $250, as 1,700 staff get free shares ” Major U.S. exchange Coinbase’s COIN stock has received a reference price at $250 from Nasdaq, ahead of the much-anticipated direct listing on the stock exchange just hours from now. The price is far below the current FTX pre-trading…
“# Record $8B open interest on Ethereum futures shows the pros are ‘here’ ” The price of Ether continues to push higher, and many analysts are calling for $3,000 as a short-term target. All of this “success” takes place in the face of Ether (ETH) being in a bottleneck regarding high fees, network congestion and…
“# XRP price soars to new highs after recent legal victories and relisting rumors ” XRP price broke out to a new multiyear high on April 13 as a surge of trading volume in the early morning hours continued into mid-day. Data from Cointelegraph Markets and TradingView shows that XRP registered a low of $1.42…
“# 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…
“# Crypto.com will provide liquidity to Finxflo in new partnership ” Cryptocurrency exchange platform and card issuer Crypto.com will be providing liquidity in a new partnership with Singapore-based hybrid liquidity aggregator Finxflo. In an announcement today, Crypto.com said it would be joining Finxflo as the firm’s first liquidity provider, reportedly allowing the exchange to increase…