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Crash Warning: 3 Reasons Why Bitcoin is on the Brink


Crash Warning: 3 Reasons Why Bitcoin is on the Brink
Bitcoin (
BTC-USD) has had an incredible run lately, up as much as six-fold since late 2020. Until recently, the cryptocurrency had continued reaching new highs, topping $60,000 in recent days before retreating to today’s price of a little more than $56,000.
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A concept image showing Bitcoin (BTC) in a bubble.
With more and more mainstream adoption, bulls suggested that Bitcoin could be on a steady path toward $100,000 in the coming months.
However, that upward trajectory has now come into question. Over the weekend, BTC abruptly plunged, falling from $60,000 to as low as $52,000 in the span of a few hours. ....

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Apakah Penerima BPUM Tahap 1 Bisa Terima BPUM Tahap 2? Bisa, Langsung Daftar dan Cek eform.bri.co.id

Apakah Penerima BPUM Tahap 1 Bisa Terima BPUM Tahap 2? Bisa, Langsung Daftar dan Cek eform.bri.co.id
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Coinbase is officially worth more than GM, FedEx, and Twitter after its market debut


market capitalization soared as high as $112 billion during itstrading debut on Wednesday, valuing the business more highly than some of America s biggest and best-known companies.
At its intraday peak, the 9-year-old
cryptocurrency exchange was briefly worth more than Lockheed Martin ($108 billion), Airbnb ($106 billion), or Target ($103 billion). Even after paring its gains and ending the day with a $86 billion market cap, it beat out General Motors ($84 billion), FedEx ($76 billion), and Twitter ($56 billion).
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Moreover, Coinbase is currently worth more than twice as much as Chipotle ($43 billion), eBay ($43 billion), Hilton ($35 billion), or Electronic Arts ($41 billion).
Coinbase s market value is notable because it generated only $322 million of net income in 2020, a fraction of Lockheed s $6.9 billion or GM s $6.4 billion in profits last year. However, its backers are betting it will grow into its valuation by cashing in on the crypto boom ....

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Coinbase (COIN) Shares Close at $328.28 in Market Debut, Exchange at $85.5B Market Cap


Coinbase (COIN) Shares Close at $328.28 in Market Debut, Exchange at $85.5B Market Cap
6 hours ago by Ibukun Ogundare · 3 min read
Photo: The Coinbase Blog
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The DPO gave Coinbase employees and stakeholders immediate access to sell shares at a market-based price. 
Crypto exchange Coinbase (COIN) shares closed at $328.28 following its direct public offering (DPO) on the 14th of April. After a successful market debut on Nasdaq, the crypto exchange stood at an $85.8 billion market capitalization on a fully diluted basis. On the other hand, the exchange closed the day at $62 billion, ruling out options and restricted stock units. Now, Coinbase is listed on Nasdaq and is available for trading under the ticker “COIN.” The crypto exchange is also the first to go public. According to MarketWatch, COIN is currently at after-hours trading of $338.25. The trading price is a 3.04% increase over its previous close. ....

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