Markets

With bitcoin, ether, and more alternative coins reaching for the stars with new records in the past 24 hours, the cumulative market capitalization of all crypto assets surged to new record levels above $2.2 trillion. Interestingly, this means that the total crypto market cap exceeded that of the world’s most valuable company – Apple. Crypto Market Cap Surpasses Apple’s After weeks of suffering beneath the $60,000 price line, bitcoin finally emerged victorious today. In a...

Bitcoin is doing extremely well as of late. Many analysts are contemplating whether the world’s number one digital currency by market cap could potentially reach a six-figure price of around $100,000 or more by the end of the year, and now it looks like Wall Street is beginning to get interested in this idea. Bitcoin Just Keeps Getting Bigger In the past, Wall Street players and banks have often dismissed bitcoin and its fellow crypto mates given that they were volatile...

XRP, the digital currency that is central to the SEC onslaught, has caught on a new fire fueled by the latest victory Ripple inked.Judge Sarah Netburn, a United States Magistrate Judge has handed blockchain payments firm Ripple Labs yet another victory over the US Securities and Exchange Commission (SEC). As reported by Coindesk, Judge Netburn has denied the market regulator’s request to look into the personal financial records of the company’s two executives indicted in its ongoing court...

It goes without saying that this week’s highlight is the direct listing of Coinbase shares on Nasdaq. It is scheduled to take place on April 14th. Without any further ado, let’s have a look at the most important things you need to know about it. Will Coinbase do an IPO? This is, without a doubt, the question that most people are interested in. The short answer is – no, Coinbase will not do an initial public offering. However, it will have its direct listing on Nasdaq Global...

AppLovin says that the money raised will be spent on repaying a collective $1.6 billion debt, entering into strategic partnerships, and making tactical acquisitions.AppLovin, a software company famous for building a platform over which videogame developers can monetize and market their applications, has recently declared its Initial Public Offering (IPO).AppLovin announced its plans for an IPO on April 7th and is set to debut this week alongside equally renowned crypto companies like Coinbase...

JPMorgan says that the widening gap between the Bitcoin spot price and the futures price is an indication institutional investors are yet to fully access the cryptocurrency market.As Bitcoin breaks above the $60k level comfortably, Basis trading continues to widen in most cryptocurrency exchanges. A new report by JPMorgan Chase & Co (NYSE: JPM) indicates the launch of Bitcoin exchange-traded funds (ETF) in the United States will be a key in normalizing the Bitcoin futures...

Binance’s new trading stocks tokens feature has received a positive response from users worldwide with the TSLA/BUSD trading pair seeing strong volumes. The new feature allows global investors to participate in traditional stock markets. Binance is receiving a strong response to its tradable stock tokens features which it launched on Monday, April 12. Binance’s zero-commission tradable stock tokens feature allows users to trade fractional stock. The first global company stock to be...

On some level, the Coinbase Nasdaq listing solves this problem for Bitcoin. Upon listing, traditional investors would have indirect access to the crypto sector through the Coinbase platform. On Tuesday morning, the price of Bitcoin (BTC) hit a new record high, trading at $62,700. The Bitcoin record interestingly happened just one day ahead of a Coinbase Nasdaq listing scheduled for April 14.Stack Funds co-founder and COO, Mathew Dibb, has expressed optimism about how the upcoming listing...

Many believe that Ethereum is still undervalued looking at the real-world utility of its blockchain.The cryptocurrency market has seen an incredible rally in the last few weeks with a number of digital assets setting new all-time highs and others nearing their previous all-time high records. The price of Ethereum has not disappointed as it has risen significantly with a surge of over 100% in the last three months to record a new all-time high of $2200.Binance coin (BNB) has also made...

Ahead of the direct listing of Coinbase stock tomorrow, this article profiles some basic things to consider before buying COIN shares.Tomorrow April 14th, American centralized cryptocurrency exchange Coinbase is set to make its public debut on the Nasdaq Global Select Market through a direct listing of its stock. The moment is highly anticipated by both cryptocurrency enthusiasts as well as investors in the broader stock market.The availability of Coinbase (COIN) stock on the Nasdaq exchange...