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“# COIN recap: Comparing Coinbase’s first day to other major public listings ” American crypto exchange giant Coinbase went public on Wednesday with a direct listing on Nasdaq. The company’s performance on day one has been hailed as being positive overall, with Coinbase becoming the most valuable exchange in the United States ahead of legacy players…
“# Garry Tan’s 2013 investment of $300K in Coinbase is now worth $2.4B ” Garry Tan, a prominent angel investor and the founder of Initialized Capital, was one of the first investors to provide seed funding to Coinbase eight years ago. Less than a decade later, and after today’s highly anticipated Nasdaq listing for Coinbase’s…
“# 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 stock looks to find its footing at $350 following explosive open ” Shares of digital currency exchange Coinbase (COIN) opened at $381 Wednesday — significantly higher than its pre-listing reference price of $250 — underscoring heightened institutional demand for the crypto-focused stock. The $381 value put Coinbase’s market capitalization at $99.6 billion on a fully…
“# 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…
“# 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…
“#Jordan Belfort has investing advice for the Reddit crowd” Jordan Belfort, the infamous stockbroker who inspired the hit 2013 film “The Wolf of Wall Street,” is hosting a new documentary for the Discovery+ streaming service about the wild rise and fall of GameStop’s stock. Discovery took notice when Belfort weighed in as the GameStop saga unfolded,…
“# 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…
“# MicroStrategy stock explodes alongside Bitcoin rally ” Shares of MicroStrategy (MSTR) surged to one-month highs on Tuesday, as Bitcoin’s (BTC) gravitational pull on crypto proxy stocks continued to strengthen following another record-breaking rally for the digital asset. Shares of the business intelligence firm touched an intraday high of $770 on the New York Stock…