Coinbase IPO to further legitimize crypto, but limitations remain
“It is a massive event,” and not only in the U.S. but in Europe too, as it will show markets how to value crypto firms. Go to Source Powered by WPeMatico
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FTX Exchange Launches Pre-IPO Futures Contracts for the Coinbase Public Listing
After the San Francisco-based exchange Coinbase announced it was registering with the U.S. Securities and Exchange Commission (SEC) in order to have an initial public offering (IPO), FTX Exchange CEO Sam Bankman-Fried said the company would launch pre-IPO futures. On December 21, Bankman-Fried announced the launch was now live and Coinbase pre-IPO futures contracts are … Read more
Coinbase seeks extended feedback deadline to FinCEN’s new crypto rules
Coinbase says that a 15-day notice-and-comment period for FinCEN’s new crypto rules is not enough. Go to Source Powered by WPeMatico
Indian crypto exchange CoinDCX raises $14M in its third round in 2020
Including the millions it collected in previous rounds, the company has raised approximately $19.4M. Go to Source Powered by WPeMatico
MicroStrategy buys the dip — Now has more BTC than US Govt
Michael Saylor announces another $650 million purchase of Bitcoin as price dips from weekend highs. Go to Source Powered by WPeMatico
Coinbase Allegedly Taps Goldman Sachs to Lead IPO, FTX Exchange May Launch Pre-IPO Futures
Following the San Francisco-based cryptocurrency exchange’s initial public offering (IPO) Form S-1 draft registration, reports note that Goldman Sachs will likely lead the IPO. Moreover, the digital currency trading platform FTX is rumored to be launching a Coinbase futures market before the public listing. Two days ago, on December 17, 2020, Coinbase announced filing registration … Read more
Law Decoded: Crypto on the rise, Big Tech on notice, Dec. 11–18
The crypto industry is ending 2020 on a high note, while major social media platforms face a phalanx of lawmakers and lawsuits. Go to Source Powered by WPeMatico
Crypto is at ‘a fork in the road,’ OCC leader Brooks says
Brian Brooks, the acting head of the U.S. Office of the Comptroller of the Currency, said crypto regulation could either focus on safety for participants or could undo all progress. Go to Source Powered by WPeMatico
Coinbase reportedly taps Goldman Sachs for IPO
The exchange’s ties to Goldman Sachs go all the way back to Fred Ehrsam, who co-founded Coinbase in 2012 with Brian Armstrong. Go to Source Powered by WPeMatico
Major Exchanges Experience Technical Issues as Bitcoin Price Drives in Massive Traffic
Bitcoin has finally broken the $20k resistance level. The record-breaking price caused massive traffic on a myriad of crypto exchange platforms like Binance and Coinbase. Bitcoin All-Time Price High Causes Issues on Binance For weeks now, many crypto enthusiasts have been hoping that the price of bitcoin would scale the $20k resistance barrier. That record … Read more