Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for $342 per share on April 16, 2021. Since then, Coinbase shares have dropped by close to half that value and today, COIN is swapping for more than 45% lower at $187 per unit. Coinbase Follows…
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If you want to gain investment exposure to the burgeoning digital asset industry, you could invest in cryptocurrency exchanges. Crypto exchanges are at the center of the global crypto markets and are among the most profitable and fastest-growing companies in the industry, making them a potentially lucrative investment if you can pick the right…
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After months of speculation, the popular social media site Reddit has finally announced that it is filing for an initial public offering. Late Wednesday night, the popular social platform Reddit announced that it had started the process of making the company public. The company filed a confidential S-1 with the United States Securities and Exchange…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ … Read More: Melania Trump’s NFT Vision, Mastercard’s Ethereum Plan + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: USD 3B Crypto Trading Floor, Bitmart Resumes Ethereum Withdrawals + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE) after merging with the company Adit Edtech. Griid to Go…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ ____(Updated at 17:19 UTC with a report from CoinShares.)… Read More: El Salvador Buys Bitcoin Dip Again, WisdomTree Launches 3 Crypto ETPs + More News Read more »Pay, Trade, Buy Bitcoin with…
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According to Chainalysis data the number of DEX’s doubled between Q1 2019 and Q3 2021, while the amount of CEX’s stayed around the same. A new Chainalysis report shows that the number of decentralized exchanges (DEXs) is growing faster than all other types of crypto exchanges. But Similar Web data shows centralized exchanges are far…
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Ark Investment took the opportunity to buy Robinhood shares at a discount following the trading company’s unsatisfactory earnings report. ARK Invest, the investment management firm focused on innovative tech led by Cathie Wood, took advantage of a dip in the price on Wednesday to buy nearly $80 million worth of Robinhood stock. As per daily…
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In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation. Bitfury, one of the world’s largest companies in the blockchain industry, is mulling a potential initial public offering, or IPO, as part of the company’s global growth plans, the company’s CEO confirmed to Cointelegraph. “As Bitfury and…
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