Share this article While recent reports expect COIN to open around $349 a share, pre-trading on FTX had pitted the Coinbase stock at $640. A violent repricing has since followed, with the asset falling more than 30% on the crypto trading platform. FTX Users Overestimate COIN After a steady increase in the last few days, COIN/USD on FTX hit its all-time high above $640 a few hours ago. However, reports announcing COIN was expected to open at $349 provoked a drastic drop on FTX. COINBASE GLOBAL CLASS A SHARES INDICATED…
Tag: Coinbase
Coinbase CEO Details New Revenue Streams Hours Before NASDAQ Listing
Key Takeaways Brian Armstrong went on Squawk Box to discuss Coinbase’s business model. Investors are wary that the exchange relies too heavily on transaction fees. Armstrong said we will not see lower fees on Coinbase on the short-term. Share this article Brian Armstrong expects Coinbase Earn, its debit card, custody for institutional clients, and staking revenue to become more than half of the firm’s revenue. Coinbase Soothes Investor Worries In 2020, 96% of Coinbase’s revenue was generated through transaction fees. As competition in the space mounts, however, Armstrong’s firm will…
Binance Will Launch Coinbase Trading Alongside Nasdaq
Hours before Coinbase begins trading on Nasdaq, Binance, another top cryptocurrency exchange, has announced the launch of the Coinbase Stock Token on the platform. Binance Launches Coinbase Tokens The stock token listing will follow immediately after Coinbase’s scheduled listing on Nasdaq today. After the trading pair is open, Binance users will be able to trade the token with zero commissions. Earlier this week, the exchange announced users’ ability to trade a similar stock token in Tesla. The new feature is made possible to a partnership with CM-Equity AG and Digital Assets…
Coinbase Listing Will Cause “Crypto Gold Rush”, Say ETF Investors
Key Takeaways Coinbase’s stock listing on the stock market is promoting bullish sentiments around Bitcoin and crypto. Galaxy Digital joins the list of Bitcoin ETF applicants with a registration filling this morning. Finance experts are hopeful for a Bitcoin ETF approval this year. Share this article Coinbase’s COIN stock listing and anticipation around Bitcoin ETF offerings will lead to the next phase of institutionalization of Bitcoin and crypto markets, according to experts. The Picks and Shovels of Crypto Industry Coinbase is the first U.S.-based exchange to obtain a green light…
Bitcoin (BTC) Crash! Price Plummets to One-Year Low as Cryptocurrency Market Sees Red
Subscribe for Latest on Money, Gold, Silver, Bitcoin, Stock Market, Litecoin, Ethereum,Ripple, Tron, Altcoin, Cryptocurrencies, Financial Crash .. Please Click … source
Stellar Lumens has become the 5th largest cryptocurrency by its market cap
Stellar Lumens has managed to win over EOS, becoming the 5th largest cryptocurrency in the world by its market cap. Analysts define three main factors that … source
Cardano, Zcash, Stellar Surge Prior to Coinbase Listing, XLM up 27%
Twitter Facebook LinkedIn As the anticipation towards additional cryptocurrency integrations builds following the listing of Basic Attention Token (BAT) and 0x (ZRX), the prices of Cardano (ADA), Zcash (ZEC), and Stellar (XLM) have started to surge. Since November 2, the day BAT was officially integrated into Coinbase Pro and Coinbase.com, XLM, the native cryptocurrency of the Stellar blockchain network, has increased from $0.22 to $0.28, by more than 27 percent. Cardano and Zcash, two cryptocurrencies alongside Stellar, BAT, and 0x Coinbase expressed its interest in May, have also increased substantially…
Why Did BAT Lose 28% of its Value Overnight After Coinbase Listing?
Twitter Facebook LinkedIn Since November 8, within a 48-hour period, Basic Attention Token (BAT) lost 28 percent of its value following a high profile Coinbase listing. On Friday, as CCN reported, BAT declined by around 20 percent against the US dollar. In the last 24 hours, BAT dropped by yet another eight percent, recording a 28 percent decline in value in a two-day span. The substantial drop in the price of BAT follows the official integration of the digital asset by Coinbase, the largest fiat-to-crypto exchange in the global market.…
Wrapping up Devcon4 – The Coinbase Blog
Last week, more than 3,000 blockchain engineers, thinkers and investors descended on the city of Prague for the 4th Annual Ethereum Developers Conference. The ethos of an open financial system was on full display as everyone came together to ideate on and solve some of the toughest challenges facing Ethereum and blockchains today. Here’s a quick look at some of the highlights from our week. DeFi SummitWe kicked off the week at DeFi Summit, the second event in a new series hosted by a number of startups building the new…
Buy and Sell BAT on Coinbase – The Coinbase Blog
Starting today, Coinbase supports the Basic Attention Token (BAT) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, send, receive, or store BAT, along with Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, ZRX and USDC. BAT will be available for customers in most jurisdictions, but will not initially be available for residents of the state of New York. One of the most common requests we hear from customers is to be able to buy more assets on Coinbase. In September we announced a…