Avoid Overvalued Coinbase: Buy These 10 Best Crypto, Bitcoin Stocks Instead
San Francisco-based cryptocurrency exchange platform Coinbase Global, Inc. (NASDAQ: COIN) went public on April 15 with a market capitalization of $86 billion. Coinbase CEO Brian Armstrong became one of the richest men in the world after the listing, with some 40 million shares he owns in the firm equating to almost $16 billion in value. The company was founded by Armstrong in 2012 and is one of the largest crypto exchange platforms globally and facilitates the buying, selling, and storage of digital currencies, including giants like bitcoin and ethereum.
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Bitcoin hits ,000 for first time mybroadband.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mybroadband.co.za Daily Mail and Mail on Sunday newspapers.
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As traders eye Coinbase listing.
By Eric Lam and Yakob Peterseil, Bloomberg
14 Apr 2021 07:21
Image: Wei Leng Tay/Bloomberg
Bitcoin advanced Wednesday, breaching the $64 000 level for the first time after eclipsing its most recent record in March a day earlier as the mood in cryptocurrencies turned bullish ahead of Coinbase Global Inc.âs listing this week.
The token climbed as much as 1.6% to as high as $64 207 in Asia trading. Cryptocurrency-exposed stocks such as Riot Blockchain Inc. and Marathon Digital Holdings Inc. advanced during US trading hours.
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Bitcoin Extends All-Time High as Traders Eye Coinbase L dailymaverick.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymaverick.co.za Daily Mail and Mail on Sunday newspapers.