COIN price fails to impress as more crypto firms are eager to go public
One of the best options for larger crypto companies to maximize their liquidity reserves seems to be by going public. 2021 has been a rollercoaster year for the crypto industry, with Bitcoin (BTC) scaling up to an all-time high of $65,000 earlier this year in April, only to dip down to the sub $30,000 zone just months later. However, a moment that is widely considered by many to be a tipping point for the industry — at least in terms of mainstream legitimization — was when Coinbase (COIN) made its debut on Nasdaq via a direct listing.Leading up to April 14, the day of the aforementioned....
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The combined capitalization of publicly-traded crypto stocks surged from roughly $25 billion in January to around $100B today. The combined market cap of publicly-listed crypto firms has roughly quadrupled this year while the number of public digital asset firms has increased by 28% over the same period.A new report from CoinShares estimates that public “cryptocurrency pure play companies” were worth roughly $25 billion at the start of the year, with mining firms and financial service providers representing the lion’s share of value.While the report notes that 16 digital asset firms have....
Meme coin Dogecoin is asserting dominance in the market once more. Last week, the digital asset lost its prized crypto top 10 positions when Polkadot (DOT) rallied, and it overtook the meme coin. However, as the week draws to a close, DOGE has taken the lead over DOT once more. Dogecoin Makes Top 10 After spending about a week out of the top 10 cryptocurrencies by market cap list, Dogecoin has reclaimed the 10th spot on the market. It is less a result of a rally in the price of Dogecoin and rather a decline in the price of Polkadot (DOT) over the past week. Related Reading: Ethereum Merge....
Coin Proz is a project set out to help publicize the top projects in crypto currency. With now over 1000 coins in the ecosystem and hundreds of projects, it is a real challenge to track and follow daily updates. The team has taken on the challenge of covering the top projects in crypto land and helping promote them. Coin Proz will be a unique platform in the digital currency realm. The Coin Proz team wants to help cryptocurrency cross the mass adoption threshold. By rewarding users for participation, the site aims to use that incentive to bring in new users by making it worth their time to....
The Dogecoin price is at a critical juncture as a crypto analyst has pinpointed key price levels that could dictate its next significant move upwards. With the number one meme coin currently trading above $0.34, the analyst predicts a breakout to $1.4 if bullish conditions stay favorable and a price crash to new lows if Dogecoin fails to reach a critical level. Dogecoin Price: Will It Pump Or Crash? According to a TradingView crypto analyst known as ‘Mindbloome-Trading,’ the Dogecoin price is on the verge of an exponential pump that will push its value above the coveted $1 mark. The....
Given that bitcoin and the blockchain are still misunderstood in the eyes of the public, industry proponents have long sought to showcase how the digital currency’s attributes can be used to the advantage of global relief and philanthropy efforts. For incumbent financial services firms, eager to avoid the negative connotations bitcoin can bring, such efforts are often the first step in their engagement with the industry. This year, UK banking giant Barclays and investment firm Fidelity each announced their first foray into bitcoin and blockchain. Both projects were advertised as....