Coinbase IPO – DIGIT INFO

Allowing Coinbase to go public was not a ‘blessing’ of the business: SEC

DIGIT — Sat, 15 Jul 2023 02:43:01 +0000

The SEC argued that just because it approves an S-1 filing from a company, does not mean the firm is not operating, or will not operate in “violation of the law.”

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Coinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs

DIGIT — Thu, 03 Feb 2022 14:30:12 +0000

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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Fact check: Has Coinbase launched a decentralized fact checking portal?

DIGIT — Thu, 27 May 2021 05:52:32 +0000

Coinbase has launched a fact-checking portal to combat “misinformation and mischaracterizations about Coinbase or crypto” being shared online.

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Silicon Valley ‘Super Angel’ Investor Ron Conway Says Crypto Economy Is the Next Multitrillion Dollar Opportunity

DIGIT — Sun, 18 Apr 2021 00:30:53 +0000

Famed Silicon Valley “super angel” investor Ron Conway sees the crypto economy as the next multitrillion-dollar opportunity in innovation. The Silicon Valley legend likens Coinbase to Google after the company’s IPO via a direct listing on Nasdaq. Crypto Is the Next Multitrillion Dollar Opportunity in Innovation Legendary investor Ron Conway, who is often described as […]

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Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are ‘Vehicles for Speculation’

DIGIT — Fri, 16 Apr 2021 17:46:23 +0000

The Federal Reserve chairman believes that cryptocurrencies are “really vehicles for speculation” and “No one is using them for payments.” He then compared crypto to gold. His comments about cryptocurrency followed Coinbase’s direct listing on Nasdaq. Fed Chair Powell Thinks Crypto Is for Speculation Federal Reserve Chairman Jerome Powell talked about cryptocurrency in an interview […]

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‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’

DIGIT — Fri, 16 Apr 2021 02:30:49 +0000

Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about bitcoin and companies like Coinbase remaining prosperous. Novogratz Warns of a Crypto Market ‘Washout’ Shares […]

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Bitcoin Price Captures a $64,895 High, Pantera CEO Says ‘BTC Rally Exactly Like Previous Halvings’

DIGIT — Wed, 14 Apr 2021 13:30:28 +0000

Cryptocurrency markets have been surging during the last 24 hours, as billions of dollars have flooded into the crypto-economy. Bitcoin’s value touched an all-time high (ATH) once again on Wednesday morning (EST), reaching $64,895 per unit. The latest price rise is leading up to the upcoming Coinbase direct listing on Nasdaq. Crypto-Economy Surpasses $2.2 Trillion […]

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Coinbase IPO Today: Reference Price Set at $250, Investors See Nasdaq Listing as ‘Watershed’ for Crypto

DIGIT — Wed, 14 Apr 2021 11:05:21 +0000

Coinbase’s IPO via a direct listing on Nasdaq is today. Nasdaq has set a reference price of $250 for the stock which will trade under the ticker symbol COIN. Investors are describing Coinbase’s public debut as a “watershed” moment for the crypto industry. Coinbase’s Reference Price Set at $250 by Nasdaq Investors are eagerly waiting […]

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Coinbase’s Q1 Revenue Soars 9-Fold to $1.8 Billion Ahead of IPO on Nasdaq

DIGIT — Wed, 07 Apr 2021 13:30:50 +0000

Coinbase has announced its earnings estimates for the first quarter of 2021. The company says its estimated revenue for the period is nine times more than the amount generated in the same period last year. In addition, the crypto platform says it has 56 million verified users and a total trading volume of $335 billion. […]

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Coinbase would have earned $2B just buying Bitcoin with its seed money

DIGIT — Wed, 07 Apr 2021 10:00:00 +0000

The largest cryptocurrency’s 200% CAGR presents a serious challenge to even the most successful crypto business strategies.

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