Intercontinental Exchange sells Coinbase stake for $1.2B
Intercontinental Exchange has sold its 1.4% stake in Coinbase to reduce the company’s debt. Go to Source Powered by WPeMatico
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Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%
On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations, and will add over an exahash of hashrate to Mawson’s mining facilities. Canaan … Read more
One week of COIN: How is Coinbase’s Nasdaq listing shaping up so far
Coinbase’s largest investors — Andreessen Horowitz, Union Square, Ribbit Capital — have already roped in multi-billion-dollar profits. Go to Source Powered by WPeMatico
Nasdaq to launch options trading for Coinbase Global
Equity options for COIN stock are coming to Nasdaq today. Go to Source Powered by WPeMatico
Scaramucci surprised at lack of banking response to Coinbase listing
Will competing companies come out of the woodwork? Go to Source Powered by WPeMatico
Cathie Woods’ Ark buys a further $110M worth of Coinbase shares
Three exchange-traded funds offered by Cathie Wood’s Ark Invest added a total of 341,186 shares in Coinbase (COIN) worth a combined $110 million on April 15. Go to Source Powered by WPeMatico
COIN recap: Comparing Coinbase’s first day to other major public listings
From price volatility to becoming the most valuable U.S. exchange, here is how well Coinbase’s first day of trading tracks with other companies. Go to Source Powered by WPeMatico
Bitcoin price drops to near $61K shortly after COIN lists on Nasdaq
A volatility-filled listing for Coinbase’s COIN stock coincided with a 5% drop in the price of Bitcoin. Go to Source Powered by WPeMatico
Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today
On Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets. The exact count of BTC moved from the hack is not entirely clear, but one blockchain parser shows that over 12,208 BTC from the 2016 Bitfinex breach worth $754 million … Read more
Coinbase stock looks to find its footing at $350 following explosive open
COIN stock has surged after debuting on the Nasdaq exchange Wednesday. Go to Source Powered by WPeMatico