Cryptocurrency Analysis and News Portal
It is well known that as goes Bitcoin (BTC), so goes the rest of the cryptocurrency market, as time and again, major price moves from Bitcoin create ripples across the altcoin market, impacting sentiment and momentum.This appears to be the same for blockchain-related stocks that trade in the traditional financial markets,
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Notably, during the first quarter, Coinbase recorded a net profit of over $771 million, more than fourfold of what the company reported during the fourth quarter.Coinbase Global Inc (NASDAQ: COIN) stock was up over 6% in today’s pre-market to trade around $282.30. However, COIN stock closed yesterday trading at $265.10,
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Chia Coin uses a proof-of-space system that relies on the storage capacity of devices used in mining instead of computing power.The price of Chia Coin looks to have rebounded, after losing almost half of its value amid its network and mining issues. Chia coin was highly anticipated ahead of its
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Coinbase will integrate data analytics from Skew to its platform to allow traders to track spot and derivatives markets in real-time. Coinbase Global Inc (NASDAQ: COIN) stock was up over 1% on Friday to trade around $300 at the time of reporting. The spike was attributed to the announcement that the
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While the exact dates for the pre-sale are not yet confirmed, the anticipation around the Chia coin project suggests it will be one of the biggest crypto fundraising events of the year.Ahead of the anticipated Chia coin project’s pre-sale, small exchanges in China are reportedly backing the fundraising while the
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The biggest ICO of 2021 is now underway, a claim by the Student Coin project which is not far from the truth as it is backed by one of the largest communities in the world – Academia. Operated by students, faculties and entrepreneurs from over 20 different universities, Student Coin
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With the introduction of the options market, Coinbase shareholders anticipate the stock to revamp from last week’s dump. Coinbase Global Inc (NASDAQ: COIN) stock yesterday closed trading at $333.00, down 2.63%. Meanwhile, COIN stock was trading approximately 0.54% down during the after-hours trading session according to
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Bitcoin price (BTC) is down $2,000 from yesterday’s high set right around the time that Coinbase Global (COIN) went live on Nasdaq. The price action frighteningly mimics a fractal flashback from the CME futures launch that put the top in around late 2017 and started the bear market in cryptocurrencies. Is
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Three exchange-traded funds offered by Cathie Wood’s ARK Invest purchased 749,205 shares in Coinbase Global, Inc (COIN) worth roughly $246 million combined.The ARK Innovation ETF (ARKK) now holds 512,535 COIN shares, while the ARK Next Generation Internet ETF (ARKW) purchased 147,081 shares, and the ARK Fintech Innovation ETF (ARKF) bought
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Whether it was capital being moved from Bitcoin into COIN during its stock market debut or if it was a classic sell the news event, the top cryptocurrency is red on the day. Bulls were expected to steal the show today but instead, there’s been a 5% intraday drop from today’s
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