Thursday , April 15 2021
Home / Markets

Markets

Coinbase COIN Starts Trading at a Price Around $400 and Over $100 Billion Valuation

Coinbase finally started trading on Nasdaq today. The leading US-based cryptocurrency exchange became the first major exchange to have its shares publicly traded. Coinbase’s direct listing on Nasdaq was undoubtedly one of the most highly anticipated events in the entire cryptocurrency industry and the fintech world alike. It took place moments ago, and according to the official website of Nasdaq, COIN shares had a debut price of $381. At the time of this writing, however, the...

Read More »

Bitcoin Spikes Following “Public Debut” of Coinbase

Today is April 14, the day that Coinbase is slated to hit the stock market. Everyone has been talking about this for some time, and the move is expected to bring the cryptocurrency market even deeper into mainstream territory. As a result of the exchange’s first trading week arriving so fast, the price of bitcoin has jumped beyond the $60,000 mark, and many think the asset is likely to go even higher as trading progresses. Coinbase Is Now Public, and Bitcoin Reacts...

Read More »

Bitcoin and Ethereum Leads Global Crypto Market Surge in Search for New ATHs

Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin and Ethereum daily price movements.The bullish market rally with which the week opened into has taken a new shape as the top cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) have surpassed previous All-time Highs (ATH) while setting new ones. Earlier today, Bitcoin attained a $64,758.25 price mark cementing its strides as one of the world’s leading assets.Ethereum bulls also pushed the coins...

Read More »

The Message Coinbase Embedded in Bitcoin’s Blockchain on Listing Day

Paying homage to Satoshi Nakamoto and his message embedded in the Bitcoin Genesis Block in 2009, Coinbase has done the same today. On the day they’re set to become a publicly traded company, the exchange asked a large Bitcoin mining pool to embed a note in the Bitcoin blockchain in regards to the latest stimulus bill.  When launching the Genesis Block of the first-ever cryptocurrency in January 2009, the anonymous creator(s) embedded the following message referring to the...

Read More »

Bitcoin Price Analysis: BTC Continues North, Is $70k in Sight?

The parabolic run of bitcoin does not stop. As we reach Coinbase listing day, the primary cryptocurrency climbed higher to set a new all-time high at $64,895, according to BItstamp. This happened earlier today. As of writing these lines, bitcoin retraced a bit. BTC managed to penetrate above $60,000 yesterday and closed the daily candle above the level for the first time since mid-March – the time of the previous ATH was set (~$61.8k). As mentioned above, and since setting...

Read More »

MakiSwap Raises $1.4M to Build AMM Platform on Huobi Eco Chain

[Press Release – St, John’s Antigua, Barbuda, 14th April, 2021] MakiSwap, the number one decentralized exchange on Huobi Eco Chain (Heco), has raised $1.4 million in seed and private funding to build the most robust and feature-rich automated market maker exchange and yield farming platform on Huobi Eco Chain. The oversubscribed round was led by Inclusion Capital, which incubated and supported MakiSwap in its development efforts. Other participants include Kenetic Capital, LD...

Read More »

Coinbase Shares May Not Start Trading Right after Market Opens

While being applauded by many, the listing of Coinbase has been described as a “watershed event” for the global cryptocurrency industry by Wedbush Securities analyst Dan Ives.Coinbase shares may not be readily available for trading right after the United States stock market opens by 9:30 am ET. As peculiar with companies who went public through direct listing as Coinbase is considering, agreeing on the reference point for trading to kickstart between the sellers and the buyers usually takes...

Read More »

Coinbase CEO Brian Armstrong Urges for Fair Crypto Regulations

Ahead of the long-anticipated public listing for his company, Coinbase’s CEO Brian Armstrong asserted that US regulators are wrong in believing cryptocurrencies are primarily used for illicit transactions. He added that the industry wants to be treated on the same playing field as traditional finance when it comes down to legislative frameworks. Armstrong on Crypto Misconceptions The belief that digital assets are mainly used for illegal transactions has been going on for...

Read More »

Bitcoin (BTC) in Price Discovery Zone and Sets New ATH of $64,000

The ongoing cryptocurrency bull market has significantly been attributed to different aspects including global Bitcoin adoption by institutional investors. Bitcoin (BTC) price rallied to a new ATH of $64,000 on Wednesday after a strong breakout on Tuesday. The mother coin is now in a price discovery zone where the next resistance level will be determined by the ‘fuel’ accumulated in the past few weeks.Bitcoin pump had slowed down at the time of reporting, whereby the asset was trading...

Read More »

Terra Virtua Joins Hands with Casper Network for Authenticating Physical Assets

Terra Virtua and Casper Network will also be exploring the rapidly evolving NFT market. This partnership will set a new milestone in the mainstream adoption of blockchain technology.Blockchain-based authentication of physical virtual assets has seen a rising demand in recent times. The key features of blockchain technology like transparency and security bring authenticity to real-world assets. In one such development, Terra Virtua, an immersive entertainment-focused collectibles platform and...

Read More »