Crypto

Crypto Tidbits: TikTok’s Dogecoin Craze, Coinbase on Stock Markets, Bitcoin Holds $9k

Another week, another round of Crypto Tidbits. After over a week of ranging, Bitcoin attempted to break higher this week. The flagship cryptocurrency moved from the weekend lows of $8,900 to a weekly high of $9,470 on major exchanges. The move has since been reversed, with BTC trading at $9,200 as of this article’s writing. This […]

Why A Stock Market Listing For Coinbase Is Ultimately Ironic For Crypto
Crypto

Why A Stock Market Listing For Coinbase Is Ultimately Ironic For Crypto

Yesterday, rumors began circulating regarding crypto exchange Coinbase going public with an $8 billion stock market listing. While there’s no denying the move would be positive for the space, it would ultimately be an ironic situation for the company and industry. Rumors Suggest Coinbase Is Preparing Stock Market Debut and IPO According to sources close […]

Crypto Industry Expresses Cautious Optimism about Coinbase Listing Reports
Crypto

Crypto Industry Expresses Cautious Optimism about Coinbase Listing Reports

Source: Adobe/dennizn Coinbase’s rumored plan to list their shares on a stock exchange appears to have sent crypto industry players buzzing about the potential benefits – and possible pitfalls – of the major crypto exchange going public. Yesterday, Reuters reported that Coinbase “could pursue the listing later this year or early next year.” Today, we […]

Is Crypto Giant Coinbase Gearing Up for Stock Market Listing? Here’s What CEO Brian Armstrong Says About the Prospect
Crypto

Is Crypto Giant Coinbase Gearing Up for Stock Market Listing? Here’s What CEO Brian Armstrong Says About the Prospect

Leading US-based crypto exchange Coinbase is reportedly preparing for a stock market listing. Citing people familiar to the matter, Reuters reports that the San Francisco-based company is looking to go public as early as this year. The firm is reportedly opting for a direct listing, instead of an initial public offering (IPO). Unlike traditional IPOs, […]

Bitcoin (BTC) Model Forecasts Ferocious Rally to $70,000, Says Weiss Crypto Ratings
Crypto

Bitcoin (BTC) Model Forecasts Ferocious Rally to $70,000, Says Weiss Crypto Ratings

The popular but controversial stock-to-flow (S2F) model now indicates Bitcoin could hit $70,000 by mid-2021, according to two analysts at Weiss Crypto Ratings. The S2F model compares the amount of commodity in circulation divided by the amount produced every year. The model is traditionally used to analyze the intrinsic value of precious metals such as […]

Bitcoin (BTC) Whale Fires Off Massive $184,000,000 Transaction, Spreads Crypto Fortune Across Hundreds of Wallets
Crypto

Bitcoin (BTC) Whale Fires Off Massive $184,000,000 Transaction, Spreads Crypto Fortune Across Hundreds of Wallets

A Bitcoin whale just moved nearly 19,631 BTC worth about $184 million to an unknown wallet. The fee for the transaction? About 0.00421580 BTC, worth about $40 at time of writing. Whale Alert was the first to spot the movement. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 19,631 #BTC (184,419,465 USD) transferred […]

First Russian Crypto Law ‘to Be In Force by Start of 2021’
Crypto

First Russian Crypto Law ‘to Be In Force by Start of 2021’

Source: Adobe/Oleg Russia’s first crypto law “will be adopted by January 1, 2021,” said the bill’s chief architect, adding that the legislation is “now approaching the finish line.” Per RBC, Anatoly Aksakov, the head of the State Duma’s financial committee and the man charged with mediating the “On Digital Assets” act, said a second reading […]