Coinbase, the leading cryptocurrency exchange in the U.S., is expected to have a direct listing on the Nasdaq. At first, the company was considering listing on the NYSE, which has handled direct listings for popular technology companies such as Spotify (NYSE: SPOT) and Slack (NYSE: WORK). Choosing a direct listing allows the company to forgo … Read More
Less than two months into 2021, the price of bitcoin has risen 95.4%. A day after the leading cryptocurrency rose more than $5,000 and along the way achieved a $1 trillion market cap, bitcoin (BTC) on Saturday morning set yet another all-time high, crossing $57,000 for the first time and sparking a broad rally among … Read More
As if all the rage surrounding Bitcoin needed another catalyst, news of Elon Musk buying $1.5 billion of the leading cryptocurrency swept over the digital currency world, and it saw its price vault above $48,000 for the first time. Musk is following in the footsteps of Square Inc. (SQ) and MicroStrategy Inc. (MSTR) in buying … Read More