Here’s why Coinbase’s stock market debut will be so positive for cryptoBTC $9264 (-1.7%) • ETH $242 (-2%) • XRP $0.20 (-0.8%)
Coinbase has long been deemed the flagship company of the crypto and blockchain industry. It is the most well-known exchange by far due to its long history and it last raised money from some of Silicon Valley’s leading venture capitalists at a more than $8 billion valuation. Out of all startups dealing with Bitcoin, it is the one investors think is most likely to go public via a stock listing, with it being rumored at least as early as 2018. An exclusive Reuters report published on Jul. 9 confirmed that yes, Coinbase is looking to trade its shares on public markets. More news ⏬Uniswap daily volume crosses $20 million; Ampleforth/ETH leads activityRiding the DeFi wave, trade volume crossed $20 million on Uniswap yet again on Thursday. Thanks to our premium sponsors⭐️ XBTPro Exchange - $250 welcome bonus, zero fees on deposits, and very low trading fees. ⭐️ Cred - Cred is a global financial services platform serving customers in 183 countries. ⭐️ OKCoin - OKCoin is one of the world’s first and largest regulated crypto exchanges, with millions of users in more than 100 countries around the world. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. A simple guide to DeFi vs. CeFi crypto lending and borrowingThe last two months in crypto have been heavily influenced by passive investing and lending. Mainstream crypto adoption and DeFi were the main topics discussed at the Hangzhou International Blockchain WeekThe Hangzhou International Blockchain Week 2020, one of the largest blockchain and crypto conferences in China, put a heavy focus onto mainstream adoption, with influential figures from the industry discussing the ways hundreds of millions of users could be drawn to the space. How the Ethereum DeFi market just blasted past $2 billion to a record highEthereum’s decentralized finance (DeFi) market is continuing to soar, as the demand for new platforms surges. TikTok hype triggers 100% Dogecoin rally—and Tron’s Justin Sun wants inDogecoin (DOGE) has been on a hell of a rally over the past few days. On-chain analyst explains why Chainlink (LINK) is in a “parabolic advance”The crypto market has seen a flurry of activity over the past week. Smarter contracts: Unraveling the upcoming Goguen era of Cardano (ADA)During Cardano’s (ADA) 2020 summit, more details about Goguen, the blockchain’s smart contract era, were revealed. Nexo and Chainlink launch joint collaboration to accelerate crypto adoptionCrypto lending platform Nexo and popular blockchain oracle network Chainlink are now launching a collaborative effort to help perpetuate the adoption of digital assets. Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. If you liked this post from CryptoSlate, why not share it? |
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BTC: bc1qxv3stg0xha9upurf7h4aqnmg3xjn3h0zk28kpe
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LTC: LQ44CP6xDDkX5bAiKd3yqmDB4c23U7orrQ
DOGE: DCpu9v1bkTXj8VKUDG97LHdV2qipDPyZsR
ADA: addr1qx4q7348dv2ju5zshee9ru23ssmqhyyjlnxe0xlezjq5we42par2w6c49eg9p0nj28c4rppkpwgf9lxdj7dlj9ypganqtmuu2p
Here’s why Coinbase’s stock market debut will be so positive for crypto