Cryptocurrency’s arrival on Wall Street: How the Coinbase IPO could impact the crypto ecosystemThe global crypto market cap is $1.77 trillion with a 24-hour volume of $111.74 billion. The price of Bitcoin is $56,617.34 and the BTC dominance is at 59.7%.
Author: Dmytro Spilka Bitcoin has been much of the market to new all-time highs as institutional investors pile into digital finance, but it could be the arrival of Coinbase, a leading crypto exchange, on Wall Street that may make a significant impact. Bitcoin may be the most dominant player in the world of cryptocurrencies, but Coinbase has grown into a market leader in terms of platforms in which investors can buy and sell coins. Shares in the company reportedly traded for between $350 and $375 based on a recent private Nasdaq auction, amounting to a pre-IPO company valuation of up to $100 billion. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. 🔥 Trending Sectors
BlockDown is back for 2021!
Mark your calendars as BlockDown Conference returns for a 1 year anniversary special for its 4th iteration on April 15-16. BlockDown 4.0 will welcome a host of the most paramount personalities and experts from the crypto space, as the event celebrates the bull market of 2021 with keynotes, panels and topical discussion. Organisers EAK Digital, a leading blockchain marketing agency, are excited to welcome Francis Xavier Suarez - Mayor of Miami, Akon - Founder of Akoin and Sergey Nazarov - Co-Founder of Chainlink to speak at BlockDown 4.0. Attendees will experience new interactive and innovative ways to gain exclusive NFTs, join private backstage interactive sessions on the new social media platform, Clubhouse, and much, much more! Click below for your free BlockDown 4.0 ticket. More news ⏬NFTs hit the mainstream with TIME Magazine’s limited edition coversLove them or hate them, NFTs continue their foray into the mainstream undeterred. One of China’s biggest miners expects Bitcoin bull run to end in 2022One of the biggest China-based Bitcoin miners says the Bitcoin market would move ahead with full steam and see a slowdown only in June 2022, as per local sources. Markets wrap: Bitcoin, Ethereum see resistance while VeChain (VET) sets ATHBitcoin, Ethereum, and other large-cap cryptocurrencies saw a mixed weekend as price action remained choppy after Friday. Crypto exchanges can safely list XRP, reportedly implies SEC’s lawyerThe US Securities and Exchange Commission’s (SEC) lawyers have indirectly stated that cryptocurrency exchanges are not violating any guidelines by allowing Ripple’s XRP trading on their platforms, attorney Jeremy Hogan revealed yesterday. MetaKovan explains why he paid $69 million for Beeple’s NFT artworkVignesh Sundaresan, known only as enigmatic crypto whale MetaKovan until recently, explained his fascination with non-fungible tokens (NFTs) which impelled him to pay $69 million for Beeple’s digital artwork. Binance Smart Chain project TurtleDex pulls the rug on its users and steals $2.5 millionTurtleDex, a Binance Smart Chain dApp, exit scammed its users today, after its highly anticipated launch. First Trust Advisors and SkyBridge Capital apply for Bitcoin ETFInvestment advisory firm First Trust Advisors and hedge fund SkyBridge Capital, led by former White House communications director Anthony Scaramucci, have filed an application for a Bitcoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC). Coinbase delays its $68 billion public listing to AprilUS-based crypto exchange Coinbase has pushed back its direct listing to April, sources cited by business outlet Bloomberg said Friday. Morgan Stanley reportedly looks to acquire stake in Korean exchange BithumbAmerican multinational investment bank Morgan Stanley is currently in talks to acquire a stake in top South Korean cryptocurrency exchange Bithumb, local news outlet Naver reported on Friday. This is what Cointelegraph’s Kristina Lucrezia Cornèr finds MOST important in the crypto world
Ask people about crypto and they are likely to talk about price, trends, NFTs, or maybe scams. But few take a step back to ponder about the fundamental drivers of the $1.7 trillion market, which—depending on whom you ask—either memed itself to this point or fought off every untoward step and emerged stronger. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🗞 Got a story tip? Email tips@cryptoslate.com Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.
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