Bitcoin Weekly Outlook: Breakout Over $60K Expected on Coinbase Listing
Key Bitcoin Takeaways Bitcoin flirts with $60,000 for a breakout move. The cryptocurrency is trending inside a classically bullish ‘Ascending Triangle’ pattern. Coinbase’s listing on Nasdaq, US inflation data update this week promises further upside. Bitcoin has endured significant selling pressure over the last few trading sessions as it attempts to close above $60,000. The flagship cryptocurrency trades $1,500 lower from its previous all-time high level, near $61,778 (data from Coinbase). Despite positive fundamentals, led […]
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Coinbase has received regulatory approval for its planned direct listing and is expected to start trading on April 14.
Divisive meme token Dogecoin will get a Coinbase listing within the next six to eight weeks. The comments came from Coinbase CEO Brian Armstrong, who was discussing how the firm can move forward following its worse-than-expected first earnings report as a public company. However, with Dogecoin struggling to recover after Elon Musk’s SNL blunder, in […]
Minutes ago it was announced that Coinbase is looking to become a publicly-traded company. The firm wrote in a blog post dated January 28th: “Coinbase Global, Inc. today announced its intent to become a publicly-traded company pursuant to a proposed direct listing of its Class A common stock. Such proposed listing is expected to be […]
The price of Bitcoin suddenly dropped below $60,000 days after the Coinbase public listing. The price of Bitcoin (BTC) declined below $60,000 on April 17 after a strong rally throughout the past week in anticipation of the Coinbase public listing on Nasdaq.However, after the COIN listing, which is the ticker of the Coinbase stock, the cryptocurrency market started to correct.BTC/USDT 1-day price chart (Binance). Source: TradingView.comAn expected Bitcoin sell-the-news dropCoinbase's public listing brought significant attention to the cryptocurrency market. It marked the first public....
The San Francisco-based company could be the first crypto exchange to go public in the United States. U.S.-based crypto exchange Coinbase says it anticipates going public with a direct stock listing in two weeks.According to a Coinbase blog today, the U.S. Securities and Exchange Commission, or SEC, has declared the crypto exchange's S-1 registration for a public offering effective. Coinbase's Class A common stock is expected to trade on the Nasdaq Global Select Market under the ticker symbol "COIN" on April 14. The crypto exchange had previously been expected to go public in March, but....