Crypto News

Nasdaq gives Coinbase a reference stock price of $250.

According to new information on the San Francisco-based exchange's listing, Nasdaq has given Coinbase a reference stock price of $250. Nasdaq listed the stock on April 14, after weeks of high anticipation. The US crypto exchange's direct listing has...

Morgan Stanely’s report claims CBDCs won’t threaten cryptocurrencies.

According to a recent report by banking giant Morgan Stanely, despite central banks pushing the gas pedal in their race against decentralized technologies, it is very difficult for their CBDCs to really threaten cryptocurrencies. Analysts at Morgan Stanley believe...

HSBC bans customers from buying MicroStrategy’s shares due to bitcoin concerns.

Investment banking giant HSBC has confirmed banning customers of HSBC InvestDirect from buying MicroStrategy shares due to bitcoin concerns. "HSBC has no appetite for direct exposure to virtual currencies and limited appetite to facilitate products or securities that...

Crypto investors in Korea are showing more interest in altcoins.

According to Upbit and Bithumb, South Korea's two leading crypto exchanges, Bitcoins' trading volume fell 40 percent last month from January due to an abrupt surge in the cryptocurrency. The Korea Herald reported that an ample amount of investors...

Crypto exchange Coinbase is expected to go public this week via direct listing.

The US-based crypto exchange giant Coinbase, with a valuation of as much as $100 billion, will begin trading on the Nasdaq under the ticker symbol COIN in a direct listing rather than a traditional IPO. While much speculation has...

Binance crypto exchange will burn more BNB coins, says CEO CZ.

Binance CEO Changpeng Zhao has tweeted that the crypto exchange is going to do another BNB coin burning. However, in the tweet, CZ said that without delay, the Binance coin burning will occur a few days from now. The...

Bitcoin market dominance is at its lowest since April 2019.

The leading cryptocurrency bitcoin soared above $60,000 yesterday after a significant rise in demand. The cryptocurrency is currently trading near $60,200 with a market cap of more than $1.1 trillion. According to Coinmarketcap, the market dominance of Bitcoin has...

China’s central bank to begin digital yuan testing in Hainan province.

Digital yuan pilot testing is moving to Southern China. The central bank digital currency's latest test will be in Hainan province. The People's Bank of China has partnered with a local bank and the municipal government to conduct the...

Ukrainian public officials own $2.6 billion in bitcoin.

According to theĀ OpendatabotĀ site, Ukrainian public officials currently hold a total of 46,351 BTC, which is worth over 75 billion hryvnias ($2.66 billion) as of press time. The declaration's campaign ended on March 31, 2021. But bitcoin is not the...

The Bank of Jamaica partners with an Ireland firm to test its CBDC.

The Bank of Jamaica has partnered with eCurrency Mint, an Ireland-based firm, to pilot its central bank digital currency (CBDC) project. The digital currency project will commence between May and December of this year. The Bank of Jamacia was...

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American investor and fund manager Bill Miller says Bitcoin is not a bubble.

Bill Miller, a well-known American investor and fund manager, said that Bitcoin is not a bubble. The American investor...