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“#Coinbase stock surges, gives crypto exchange $100B valuation” Coinbase’s market value rocketed to nearly $100 billion Wednesday as the cryptocurrency exchange’s stock price soared in its landmark trading debut. Coinbase shares hit the Nasdaq exchange at $381 apiece, notching a 52-percent gain from the $250 reference price that was set for the crypto giant’s direct…
“# Coinbase’s COIN stock trading on Nasdaq is off to a rocky start ” Trading has already begun on Coinbase’s COIN stock on the Nasdaq after weeks of anticipation following the U.S. exchange giant’s direct listing announcement. COIN began trading significantly higher than the $250 reference stock price assigned by Nasdaq prior to the market…
“#Coinbase gets $250 reference price ahead of market debut” Coinbase snagged a reference price of $250 a share ahead of its watershed stock-market debut on Wednesday. The price set by the Nasdaq stock exchange would give the major cryptocurrency exchange a valuation of about $65 billion, according to reports — roughly eight times the $8…
“# 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…
“# 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…
“# All the ways the Coinbase stock listing may disrupt the crypto market ” After an extended period of speculation as to when Coinbase would finally go live with its public stock listing, the United States-based cryptocurrency exchange released a blog post earlier this month stating that it had registered with the U.S. Securities and…
“# Coinbase’s first quarter revenue hits record $1.8B ahead of its Nasdaq listing ” Coinbase has announced impressive first quarter results one week before the exchange’s direct listing on the Nasdaq, estimating that trading volume is up 276% and quarterly revenue has hit $1.8 billion. The bountiful revenue, revealed in the company’s Q1 earnings call,…
“# Mining firm aims to go public through merger with Nasdaq-listed company ” Greenidge Generation, a New-York based Bitcoin mining company that owns its own power plant, aims to go public through a merger with technical support provider Support.com. In an announcement today, Greenidge said it had signed an agreement with Support.com to merge in…
“#Tech stocks rebound as Nasdaq jumps over 3 percent” US stocks advanced on Tuesday, with the Nasdaq jumping over 3 percent to recoup its losses in the previous session as US bond yields retreated and investors picked up battered technology stocks. Among the biggest boosts to the S&P 500 and the Nasdaq were Tesla, Apple,…