Markets

A successful Coinbase listing may result in further Bitcoin rally with the embrace of Coinbase into traditional markets being regarded as a wider acceptance of the crypto assets.Ahead of Coinbase listing, regulatory filings on Wednesday reveal that the company’s valuation has risen to $68 billion. This happened after private shares climbed 13 fold in the last few months.In 2018, Coinbase was valued at about $8 billion according to PitchBook data. Since then, the largest crypto exchange in the...

According to the defined targets set by Volkswagen, the company expects to deliver more than 450,000 electric vehicles (EVs) in 2021.The shares of German automaker Volkswagen Group (OTCMKTS: VWAGY) are seeing brighter days in the stock market on optimism that the firm is set to out-compete the likes of Tesla Inc (NASDAQ: TSLA) in the electric vehicle (EV) production race. The shares yesterday were exchanging hands at over  $42, up more than 29%. However, after hours they lost 8% oftheir...

[PRESS RELEASE – Please Read Disclaimer]Pumpy finance announced the launch of a low-fee Yield Aggregator with Limited Supply on the Binance Smart Chain. The new project seeks to solve major Ethereum based project issues by lowering fees, thus the amount needed to earn rewards.The protocol will be charging a 0.2 to 0.5 percent fee to cover gas costs for their dynamically optimized auto-compounding. Withdrawal is completely fee, Vault Fee (PMP Buyback & Burn) is 1.5% and Entrance Fee is...

EOS is gaining pace from the $3.680 support base against the US Dollar. The price is currently trading above the $4.000 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3.900 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $4.250 and $4.500 resistance levels. EOS price is showing positive signs above $4.000 against the US Dollar, similar...

Litecoin price is recovering from the $190 support zone against the US Dollar. LTC price is now trading above the $200 level and testing the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear the $210 resistance to start a strong increase in the near term. Litecoin price is consolidating above $195 and $200 against the US Dollar, while...

The Texas securities regulator has issued an emergency cease and desist order against a fraudulent cryptocurrency investment platform. Interestingly, the project’s latest initiatives included impersonating the world’s leading crypto exchange – Binance.Crypto Scam Impersonating Binance Halted in TexasAccording to the statement, Securities Commissioner Travis J. Iles issued the cease-and-desist order against the alleged scam that he described as an “illegal so-called get-rich-quick scheme...

Bitcoin recently rose as high as $61,000 per unit, thereby reaching a new all-time high. However, it looks like this sudden surge wasn’t designed to last, as the currency dropped over the weekend to a “measly” $56,000, about $5,000 less than where it stood just a few days ago. Bitcoin Has Incurred a Serious Dip What could have possibly contributed to this drop? This is a question, naturally, that’s making its way through the heads of many analysts and industry experts...

Coinbase verwaltet 20 Milliarden US-Dollar Coinbase als größte Handelsplattform für Kryptowährungen in Amerika will an Tech-Börse NASDAQ in New York. Coinbase ist eines der ersten dezentralen Unternehmen weltweit, wie der Coinbase CEO Brian Armstrong in einem aktuellen Blogpost schreibt. Viele der Mitarbeiter arbeiten auf der Welt verteilt aus dem Homeoffice heraus. Juristisch...

The Terraform protocol seeks to outrun the DAI stablecoin in terms of market capitalization in the next few months with help of the Anchor platform.Decentralized financial payment network Terraform Labs has launched a new protocol dubbed Anchor to further open up its stablecoin market. Notably, Anchor will be focused on lending besides providing a profitable platform for users to save on the Terraform blockchain.Consequently, the company expects to create stable demand for its stablecoin...

Coinbase will make its public debut on the Nasdaq at an unspecified date under the ticker symbol (COIN) and this will be through a direct listing, an approach that is markedly different from the traditional IPOs. American cryptocurrency exchange Coinbase Global Inc has submitted plans to sell 114.8 million shares of Class A common stock in a direct-listing initial public offering (IPO) on the Nasdaq Global Select Market. According to an amended filing lodged with the Securities and Exchange...