Only In Crypto: A Pastry Denounces Coinbase’s Listing Process
Crypto exchange Coinbase has generated controversy due to its listing process. The platform recently posted a list of possible projects to include which, according to pseudonym user PastryETH, makes some wonder if Coinbase is “willfully ignorant, or intentionally deceiving?”. Related Reading | Arthur Hayes’ Crystal Ball Predicts: Bitcoin And Ethereum To See Carnage In June Some of the projects were created before 2020 and have a dubious reputation. Amongst these tokens is Big Data Protocol (BDP), Pastry said. This project managed to attract over $6 billion in total value locked (TVL)....
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Coinbase listing has been considered a historic event in the crypto community. On April 14, one of the largest crypto exchange and trading platforms in the world made its debut on Nasdaq via a direct listing. The impact of this was a surge in crypto prices, with Bitcoin going up to $64,800 a day before […]
In today’s Mint, we’re taking a quick look at some of the latest television show IP to hit the ‘minting block,’ Meta (formerly Facebook) and their new outrageous announcement that has Crypto Twitter up in arms, a new survey from an entertainment agency research desk that perhaps can help us keep everything in perspective. Time to get fresh with your daily dose of The Nightly Mint – let’s review. The Nightly Mint Latest Mint: ‘Walking Dead’ Television channel AMC secured a deal with NFT marketplace Orange Comet earlier in the year, and the two....
Coinbase’s direct listing will most likely set a precedent for other crypto firms, as COIN stock may rival Bitcoin for popularity. After an extended period of speculation as to when Coinbase would finally go live with its public stock listing, the United States-based cryptocurrency exchange released a blog post earlier this month stating that it had registered with the U.S. Securities and Exchange Commission to hold a direct listing on Nasdaq on April 14.In this regard, Coinbase’s Class A common stock is expected to trade on the Nasdaq Global Select Market under the ticker symbol “COIN.”....
From price volatility to becoming the most valuable U.S. exchange, here is how well Coinbase’s first day of trading tracks with other companies. American crypto exchange giant Coinbase went public on Wednesday with a direct listing on Nasdaq.The company’s performance on day one has been hailed as being positive overall, with Coinbase becoming the most valuable exchange in the United States ahead of legacy players such as the Chicago Mercantile Exchange.Coinbase’s first day of trading was seen by market commentators as a watershed moment for the crypto space, but how does its performance....
Coinbase’s direct listing legitimizes bitcoin in the global financial, legal, and political landscapes.