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Coinbase Closes the Week at $63 Billion Valuation: It's Not Just About Cryptocurrency


April 16, 2021 @ 7:43 pm By JD Alois
Coinbase closed its inaugural trading week at a valuation of around $63 billion after opening higher than its reference price on the NASDAQ this past Wednesday. At one point, Coinbase was valued at over $100 billion. Of course, there has been a lot of commentary about Coinbase becoming a publicly-traded company – the first crypto exchange to do so in the United States. As was previously reported, when Coinbase launched its business concept back in 2012, it appeared to more than a longshot as there was only a single digital asset –
Bitcoin – that was valued in total at tens of millions of dollars. ....

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Bitcoin hits $1 trillion in market value for the first time amid epic rally


Bitcoin hits $1 trillion in market value for the first time amid epic rally
 Feb 20, 2021, 08:59 AM
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R.Tsubin/Getty Images
Bitcoin s rally catapulted it to a market capitalisation of $1 trillion for the first time on Friday.
The popular cryptocurrency climbed above $53,000 for the first time Friday morning. 
Bitcoin s 60% surge in February has outperformed traditional assets, from stocks to gold.
Bitcoin on Friday touched a high of $53,262 on the Coinbase exchange.
The cryptocurrency s 60% surge this month has outperformed by far the growth of traditional assets from stocks to gold. The cryptocurrency has added more than $415 billion of value this year alone, data compiled by Bloomberg show.  ....

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Tesla Billionaire Elon Musk Made A Stark Bitcoin And Ethereum Price Warning As Crypto Market Nears $2 Trillion

Tesla Billionaire Elon Musk Made A Stark Bitcoin And Ethereum Price Warning As Crypto Market Nears $2 Trillion
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Crypto mania! Bitcoin leaps past $52,000 for the first time


Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $52,000 for the first time.
The largest cryptocurrency was little changed in Asian trading Thursday at about $52,100 after a fivefold surge in the past year
Bitcoin’s rally for some is emblematic of speculative froth in financial markets awash with stimulus. The crypto faithful counter that the digital asset is grabbing more mainstream attention, especially after Tesla Inc.’s recent $1.5 billion purchase. MicroStrategy Inc. boosted its convertible debt sale to buy Bitcoin by nearly half to $900 million and cut the coupon to 0%, making it virtually a straight bet on the price of the cryptocurrency. ....

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