Coinbase (COIN), the biggest U.S. cryptocurrency exchange, went live with its direct listing on Nasdaq, on a day when bitcoin rallied to a fresh all-time high. The share fluctuated in the first hours or trading, starting at $381 and initially jumping above $400 but dropping as of press time to about $378. “The price of … Read More
Bitcoin’s scintillating rally in 2021 shows its rapid evolution from being a mere buzzword to a powerful digital currency. The cryptocurrency is up more than 99% year to date and has surpassed $1 trillion in market capitalization. Bitcoin’s rally is also helping the underlying blockchain technology gain prominence. Blockchain is actually an electronic distributed ledger. … Read More
The U.S. investment bank and financial services company Goldman Sachs (NYSE: GS) will offer Bitcoin and other cryptocurrencies to its private wealth management group. Bitcoin proving to be an unstoppable force Mary Rich, recently appointed as Vice President of Digital Assets, Private Wealth Management Consumer and Wealth Management Division at the firm, expects rollout in Q2 … Read More