Coinbase increases junk bond offering to $2B after investors swarm
Coinbase has sold $2 billion worth of corporate bonds in an offering that saw $7 billion worth of bids placed. Go to Source Powered by WPeMatico
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Coinbase has sold $2 billion worth of corporate bonds in an offering that saw $7 billion worth of bids placed. Go to Source Powered by WPeMatico
The CryptoCompare report ranked the performance of several crypto exchanges across metrics such as security and asset diversity to conclude their findings. Go to Source Powered by WPeMatico
Amid trouble with the U.S. Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds. Coinbase Plans to Issue $1.5 Billion in Bonds Coinbase Global Inc. (Nasdaq: COIN) announced Monday “its intention to offer, subject to market conditions and other factors, $1.5 billion aggregate principal amount … Read more
The infamous dogecoin was one of the first meme-based digital currencies and it’s safe to say that the coin inspired a myriad of meme-focused or joke tokens meant to be used for fun. However, while dogecoin has had a phenomenal 2021 rising 8,515% in 12 months, during the last month dogecoin prices have stagnated a … Read more
El Salvador’s effects, Coinbase’s woes, and the digital euro’s prospects. Go to Source Powered by WPeMatico
Coinbase announced a $1.5 billion bond sale shortly after the SEC threatened to sue the firm over its lending program. Go to Source Powered by WPeMatico
The SEC’s notice to Coinbase over its Lend product might indicate incoming federal regulations aimed at crypto lending. Go to Source Powered by WPeMatico
The SEC alleged that some of the proceeds from the offering were used to give the founder a bonus of $1 million and a loan of $2.5 million which he used to purchase a house in the Cayman Islands. Go to Source Powered by WPeMatico
On Wednesday, the stock and cryptocurrency trading platform Robinhood rolled out recurring crypto investments and now customers can purchase as little as $1 in crypto commission-free daily, weekly, biweekly, or monthly. The company’s announcement discusses the strategy of investment called dollar-cost averaging “in order to help smooth out the price swings.” Robinhood Rolls Out Recurring … Read more
The Celsius CEO is also seeking clarity for similar products while Mark Cuban advises going on the offensive. Go to Source Powered by WPeMatico