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Coinbase Gets Significantly Lower Valuation For Direct Listing From Nasdaq
Tuesday, April 13, 2021 - 9:48pm | 522Read More...Cryptocurrency exchange Coinbase Global, Inc (NASDAQ: COIN), expected to list on the Nasdaq through a direct listing on Wednesday, has been assigned a reference price of $250 per share, according to Nasdaqtrader.com. What Happened: Nasdaq is required to determine the price due to prevalent rules,...
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Fintech Focus For April 14, 2021
Tuesday, April 13, 2021 - 7:11pm | 2012Read More...Quote To Start The Day: “I think smart money understands that, although volatility has contracted a lot in these last two months, we are still seeing signs of excess market fragility appear from many different angles.” Source: Kris Sidial One Big Thing In Fintech: ConsenSys, a key...
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Exclusive: Diginex CEO Talks Bitcoin, Says 'We Are Only Just Beginning The Run-Up'
Tuesday, April 13, 2021 - 5:25pm | 439Read More...Diginex Ltd (NASDAQ: EQOS) is a digital asset ecosystem, CEO Richard Byworth told "Power Hour" host Luke Jacobi on the Benzinga YouTube show Tuesday. Byworth continued by saying Diginex provides an exchange similar to Coinbase, but...
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Why Ripple (XRP) Is Up Over 28% Today
Tuesday, April 13, 2021 - 12:11pm | 284Read More...Ripple (XRP) (CRYPTO: XRP) price saw a steep price increase over the past 24-hours, as exchanges move great quantities of the coin. What Happened: According to CoinMarketCap data, XRP reached a price of nearly $1.76, registering a 27.90% growth from its 24-hours low of $1.33. The upward price...
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FTX's Pre-IPO Coinbase Contract Implies $140B Valuation, Community Weighs In
Tuesday, April 13, 2021 - 9:06am | 689Read More...CBSE, a pre-IPO Coinbase contract listed on crypto exchange FTX, traded at $594 at press time, implying a valuation over $140 billion for Coinbase ahead of its direct listing on Nasdaq. What Happened: FTX’s Coinbase contract, CBSE, tracks Coinbase's market cap divided by 250,000...
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Bitcoin Hits New All-Time High Of $63,000
Tuesday, April 13, 2021 - 6:42am | 245Read More...Bitcoin (CRYPTO: BTC) has hit a new all-time high price earlier today, as the market builds enthusiasm over tomorrow's Coinbase (COIN) IPO. What Happened: Bitcoin reached a new record high of over $63,000 after rising by 5.4% from its 24-hours low under $60,000. As of press time, the...
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Fintech Focus For April 13, 2021
Monday, April 12, 2021 - 7:23pm | 2278Read More...Quote To Start The Day: Only make decisions that support your self-image, self-esteem, and self-worth. Source: Oprah Winfrey One Big Thing In Fintech: The U.S. Securities and Exchange Commission (SEC) has kicked off its review of WisdomTree’s bitcoin ETF application, starting the countdown...
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IPO Preview: Coinbase, AppLovin, TuSimple Highlight Big Week Of Market Debuts
Monday, April 12, 2021 - 5:22pm | 904Read More...The week of April 12 is shaping up to be a big one for public debuts, with many investors watching the highly anticipated direct listing of Coinbase. Here's a look at the Coinbase IPO and other companies set to go public this week. Coinbase: One of the most anticipated IPOs of 2021 is...
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$760M Worth Of Bitcoin Transferred From Coinbase Ahead Of IPO, Report Shows
Monday, April 12, 2021 - 4:11pm | 262Read More...Bitcoin (CRYPTO: BTC) has been fluctuating around the $60,000 levels slowly but steadily approaching its all-time high price after breaking through $60,000 again earlier today. What Happened: Bitcoin's price increased by nearly 22% from its 24-hours low of $50,278 to a high of $61,199...
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Why Many ETF Investors Excited About Coinbase IPO
Monday, April 12, 2021 - 2:17pm | 516Read More...Exchange-traded funds (ETFs) investors are willing to buy into the upcoming Coinbase (COIN) IPO. What Happened: According to CNBC, the upcoming Coinbase Nasdaq listing is expected to introduce a broad base of investors that have not yet meddled with crypto assets to this booming...
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What To Expect From Ethereum In Q2 After It Reached New All-Time High Of $2,199
Monday, April 12, 2021 - 9:54am | 444Read More...Ethereum (CRYPTO: ETH), the second-largest cryptocurrency by market cap, hit a new all-time high of $2,199 earlier today. What Happened: The cryptocurrency price gained 2.15% overnight after this weekend saw two consecutive days of ETH trading above its crucial resistance level of $2000. Analysts...
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Fintech Focus For April 12, 2021
Sunday, April 11, 2021 - 9:50pm | 2268Read More...Quote To Start The Day: I would rather engage in the pursuit of excellence than the pursuit of assets. Source: Ken Griffin One Big Thing In Fintech: A week before its initial public offering (IPO), Coinbase reported significant user growth for the first quarter of 2021. See also: How to Buy...
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Exclusive: Gary Vee And Matt Higgins Talk Coinbase IPO, Going Public At Height Of A Trend
Sunday, April 11, 2021 - 5:41pm | 428Read More...As the markets wait with anticipation for this coming week's IPO of Coinbase, Matt Higgins and Gary Vaynerchuk joined Benzinga’s “SPACs Attack” last week to share their thoughts. The duo were early investors in Coinbase and talked about the company and the excitement...
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Why Coinbase $100B IPO Valuation Is 'Ridiculous'
Friday, April 9, 2021 - 5:42pm | 446Read More...According to market research firm New Constructs, the Coinbase stock offering will be severely overvalued at the time of its IPO. What Happened: According to a report published by a market research New Constructs, despite Coinbase's revenue climbing ever higher over the past 12 months...
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3 Cryptocurrency SPACs That Could Run On A Successful Coinbase IPO
Friday, April 9, 2021 - 5:24pm | 727Read More...The highly anticipated Coinbase (NASDAQ: COIN) IPO is set to take place next week. The company is seeing its valuation rise dramatically on private exchanges ahead of the IPO. Given the potential demand for a well-known brand and recently reported strong earnings, shares could pop in its ...
