Latest Breaking News On - கிறிஸ்துவர் மாகூன் - Page 6 : comparemela.com
Coinbase Direct Listing Could Revalue the Whole Crypto Space, Blockchain ETF Creator Says
nbcnewyork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcnewyork.com Daily Mail and Mail on Sunday newspapers.
Coinbase Direct Listing Could Revalue the Whole Crypto Space, Blockchain ETF Creator Says
nbcphiladelphia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcphiladelphia.com Daily Mail and Mail on Sunday newspapers.
ETF investors say Coinbase listing will cause explosion in crypto investing CNBC 3 days ago
Replay Video UP NEXT
The pending Coinbase direct listing, scheduled for Wednesday on the Nasdaq under the symbol COIN, is exciting a broad base of the investment community outside the usual cryptocurrency crowd. Coinbase is going to blow people s minds, said Matt Hougan, chief investment officer at Bitwise Asset Management, which pioneered the first cryptocurrency index fund. I think it s going to force traditional finance to wrestle with the phenomenal growth that is taking place in crypto.
It s not hard to understand why. Coinbase is likely the biggest beneficiary of the cryptocurrency revival. It had 56 million verified users, with $1.8 billion in revenues in the first quarter alone, and a value that could be anywhere from $50 billion to $100 billion.
Coinbase Listing Would Change Game for Crypto: ETF Investors
insidebitcoins.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidebitcoins.com Daily Mail and Mail on Sunday newspapers.
It s not hard to understand why. Coinbase is likely the biggest beneficiary of the cryptocurrency revival. It had 56 million verified users, with $1.8 billion in revenues in the first quarter alone, and a value that could be anywhere from $50 billion to $100 billion.
That is an extraordinary valuation for an exchange of any type. By contrast, Intercontinental Exchange, which runs the New York Stock Exchange, has a market cap of $65 billion, while Nasdaq has a market cap of $25 billion.
That kind of valuation is getting the investment community and particularly exchange-traded fund investors very excited.
Biggest crypto pure play
Crypto assets have had the same problem that other hot commodities (like pot or space) have had in the past: a high degree of interest with a notable lack of investible assets. Coinbase, however, will go a long way toward solving that problem.