Tag Archives: coinbase

Crypto Long & Short: Coinbase Going Public Isn’t Selling Out – It’s the Start of a Long Game

Crypto Long & Short: Coinbase Going Public Isn’t Selling Out – It’s the Start of a Long Game

With its Nasdaq listing, the exchange will provide on-ramps for many investors. But it’s also changing the system from within. After a dramatic week in which the crypto industry’s eyes were on Coinbase’s Nasdaq debut, it’s time to step back and reflect. Plenty of pixels and airtime have already been beamed. Plenty of analysis has been […]

Coinbase Misses Out on Dogecoin Listing as Meme Token Rallies 6,000%+ on Binance

Coinbase Misses Out on Dogecoin Listing as Meme Token Rallies 6,000%+ on Binance

Coinbase is known for its expensive trading fees yet it’s still not listing doge, one of the most traded tokens. Coinbase, the U.S.-based cryptocurrency exchange that went public this week with a direct listing of its shares on Nasdaq, is missing out on the latest frenzy whipping up gasps and chortles in digital asset markets: […]

Anyone Expecting Coinbase to Start Trading at Market Open May Be Disappointed

Anyone Expecting Coinbase to Start Trading at Market Open May Be Disappointed

Historical experience shows that it might take until after noon ET for market makers to work out the price of the initial trade in a direct stock listing. While the cryptocurrency exchange Coinbase’s new shares technically could start trading with the overall U.S. equities market at 9:30 a.m. ET, don’t hold your breath: A very […]

Bitcoin, Ether Hit New All-Time Highs on Eve of Coinbase Listing

Bitcoin, Ether Hit New All-Time Highs on Eve of Coinbase Listing

Bitcoin and ether (ETH, +6.17%), the two biggest cryptocurrencies, surged to new all-time high prices on Tuesday, the day before the highly anticipated Coinbase listing on Nasdaq. Prices for bitcoin (BTC, +4.35%) (BTC), the oldest cryptocurrency and the largest by market value, rose 6% on the day, reaching as high as $63,661 around 15:40 coordinated universal time (11:40 a.m. ET), […]

Riding Bitcoin Surge, Coinbase Active Users Grew by 117% in Q1 2021; Revenue Tops $1.8B

Riding Bitcoin Surge, Coinbase Active Users Grew by 117% in Q1 2021; Revenue Tops $1.8B

Cryptocurrency exchange Coinbase saw a whopping 117% quarter-over-quarter increase in monthly transacting users, the firm revealed Tuesday in its voluntary earnings report. All those users helped Coinbase rake in $1.8 billion over the quarter, driving a net income of approximately $730 million to $800 million, according to a new filing that comes ahead of the company’s Nasdaq listing next week. […]

Bitcoin Transfer Worth $806M Might Reveal Big Institutional Purchase

Bitcoin Transfer Worth $806M Might Reveal Big Institutional Purchase

“My speculative guess is that institutions are buying bitcoin’s price dip,” one analyst said. Digital-asset traders and analysts were scrambling Tuesday to assess a fresh data point extracted from the Bitcoin blockchain: Some $806 million worth of the cryptocurrency apparently transferred earlier in the day off of the Coinbase exchange’s institution-focused unit, Coinbase Pro. The […]

Crypto Long & Short: How Coinbase Going Public Is Reshaping Trust in Markets

Crypto Long & Short: How Coinbase Going Public Is Reshaping Trust in Markets

The data divulged in Coinbase’s long-awaited S-1 filing is eye-opening. But it’s what the document means for the crypto markets of today and the capital markets of tomorrow that is more meaningful. Finally, what we’ve been waiting for: the U.S. Securities and Exchange Commisison has published Coinbase’s S-1, clearing the way for a direct listing on Nasdaq. […]

Coinbase: DeFi Could Hurt Us and US Regulations Make It Hard to Fight Back

Coinbase: DeFi Could Hurt Us and US Regulations Make It Hard to Fight Back

Caught between megabanks and food-branded DEXs, how does Coinbase compete? The top U.S.-based cryptocurrency exchange, Coinbase, is cautioning investors that U.S. regulators may inhibit its ability to compete with rivals in decentralized finance (DeFi). “Economic freedom is a necessary, if not sufficient, condition for human progress,” CEO Brian Armstrong notes in a letter embedded within […]

Coinbase’s Financials Are Now Public Ahead of Stock Market Listing

Coinbase’s Financials Are Now Public Ahead of Stock Market Listing

The crypto exchange’s S-1 Form is now live, revealing key details before Coinbase stock hits the market. Crypto exchange Coinbase is officially going to become a publicly traded company. Its Form S-1 has been published by the U.S. Securities and Exchange Commission (SEC), clearing the way for its much-anticipated direct listing on Nasdaq. The move caps […]

Coinbase, Readying for Public Listing, Gets $77B Valuation From Nasdaq Private Market

Coinbase, Readying for Public Listing, Gets $77B Valuation From Nasdaq Private Market

Cryptocurrency exchange Coinbase, which is preparing to trade publicly in the next few months, is being valued at $77 billion, based on trading of the company’s privately held shares on a secondary market. Those shares in the largest crypto exchange in the U.S. are changing hands on the Nasdaq Private Market at $303 a piece, […]