Quick Take
Crypto Twitter likes to meme about bitcoin markets turning bearish when Asia-based traders come online.
Data suggests this is actually happening but prominent crypto traders aren’t exactly sure what’s driving it.
Crypto Twitter likes to meme about bitcoin markets turning bearish when Asia-based traders come online, but there s truth to it.
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Coinbase Announces Offer Of Secondary Market As Firm Plans To Go Public
Last Updated: 23 January 2021
As the crypto market is hotly anticipating the largest US cryptocurrency exchange Coinbase to go public, the company will also launch a secondary market along.
Although this market debut has been anticipated for some time, it wasn’t until last month that Coinbase filed a confidential S-1 for the stock listing on Nasdaq.
Employees are allowed to sell their shares
The exchange offers trading for several cryptocurrencies, including Bitcoin, Litecoin, Ethereum, Ethereum Classic, Tezos, and Bitcoin Cash.
Coinbase offers Bitcoin storage and transactions for about 190 countries, while it serves about 32 countries with fiat currencies.