COIN stock has surged after debuting on the Nasdaq exchange Wednesday.
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COIN stock has surged after debuting on the Nasdaq exchange Wednesday.
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If Coinbase stocks were to follow in Netscape’s footsteps for its first-day listing, the price would need to rise to roughly $636.
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Early price action from the Coinbase stock listing on the Nasdaq reveals volatile reaction from traders.
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The “Coinbase pre-IPO contract” has seen extreme volatility on FTX derivatives exchange.
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Brian Armstrong expects other revenue streams to take the lead in five or 10 years.
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More proof that Bitcoin is far from the most vertical stage of its bull comes from PlanB and the relative strength index.
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Coinbase’s reference price of $250, received ahead of the Nasdaq direct listing, values a “thank you” gift to all 1,700 full-time employees at $25,000.
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Coinbase’s direct listing will most likely set a precedent for other crypto firms, as COIN stock may rival Bitcoin for popularity.
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The tech company has been on a buying spree of late, racking up $100 million worth of Bitcoin and Ether.
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