Bitcoin price is back over $50,000 after bullish news broke this morning regarding Coinbase officially filing to go public. However, according to a fractal from the last bull market cycle kicking off in early 2017, that number could be merely the halfway point to...
Satoshi
Coinbase Files for IPO via Direct Listing on Nasdaq — Valuation Soars Above $100 Billion
Cryptocurrency exchange Coinbase has filed for an initial public offering with the U.S. Securities and Exchange Commission (SEC). The company has chosen the direct listing route and has applied for its shares to be listed on Nasdaq. Coinbase filed Form S-1...
Inside the blockchain developer’s mind: Koinos approaches testnet
A return to proof of work mining, a blockchain built to be fork resistant, and the chance to develop in multiple programming languages. Lessons from history — and an eye to the future. Cointelegraph is following the development of an entirely new blockchain from...
Soaring Treasury yields are worrying economists — But what does this mean for Bitcoin?
The price of gold has also been stagnating, but this isn't necessarily bad for "digital gold" Bitcoin. This week's correction in the price of Bitcoin (BTC) showed that a market doesn’t go up in a straight line. Meanwhile, another topic has been gaining attention,...
Crypto custodian and bank Anchorage raises $80 million in a Series C funding round
Cryptocurrency custodian and banking company Anchorage announced Thursday that it raised $80 million in a Series C funding round. The round was led by Singaporean sovereign wealth fund GIC, with participation from a16z, Blockchain Capital, Lux, and Indico. With fresh...
Here are the Wall Street firms playing a role in Coinbase’s historic direct listing
Coinbase is set to tap the public markets via a direct listing on Nasdaq, and it's relying on a cadre of Wall Street firms to help make it a success. Per an S-1 filing dropped Thursday morning, Coinbase has enlisted the support of Goldman Sachs, JPMorgan, Allen & Co,...
Coinbase Holds $230 Million in Bitcoin on its Balance Sheet
Crypto exchange Coinbase holds around $230 million in Bitcoin and $53 million in Ethereum on its balance sheet, according to data revealed in its S-1 filing on Thursday and adjusted for Bitcoin's recent price rise. The firm also holds a range of other...
Bitcoin Tops $51,000 As Coinbase Releases S-1
The price of Bitcoin surged by $1,500 today after crypto exchange Coinbase revealed its financial details ahead of the upcoming direct listing on the Nasdaq, according to metrics platform CoinGecko. Immediately after news of the S-1 regulatory filing broke at 7:32am...
OKEx Utility Token OKB Blasts Off To New ATH As Crypto Trend Continues
Cryptocurrencies are experiencing a bullish phase in a major way. Across the entire market, coins are setting new all-time highs with every new passing day. Bitcoin and Ethereum are in full price discovery mode, and profits from them have flooded into other value...
Indian Central Bank Informs Government of Major Crypto Concerns — Digital Rupee ‘Receiving Our Full Attention’
India’s central bank governor Shaktikanta Das has revealed that the bank has “major concerns” about cryptocurrencies, and it has informed the government of them. He expects that the government will soon make a decision on cryptocurrency. Meanwhile, the Reserve Bank of...