(Bloomberg) — Coinbase Global Inc., the largest public digital-asset exchange in the US, is trailing behind meme cryptocurrency Dogecoin in terms of market value. The exchange now has about $8 billion in market capitalization while the value of Dogecoin — originally created as a joke in 2013 — is topping $9 billion. The measurement does […]
Read More(Bloomberg) — In the wake of the spectacular meltdown of Sam Bankman-Fried’s crypto empire, many investors are looking for early warning signs that may have foretold the contagion that was about to unfold. One possibility? Coinbase Global Inc.’s junk bonds. The largest US digital-asset trading platform has seen the price of its bonds plunge this […]
Read More(Bloomberg) — Shares of Coinbase Global Inc. closed at their lowest ever amid a broad-market tumble and a fresh warning from Mizuho Securities about the potential of a revenue miss in the first quarter. The largest U.S. cryptocurrency trading platform fell 3.1% to $185.63 on Tuesday. After the three-day decline, shares are down nearly 50% […]
Read MoreBitcoin has not only been a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, but also has become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoffs. Key Takeaways A cryptocurrency, broadly defined, is a form of digital tokens or “coins” that exist on a […]
Read MoreWith 2021 just about in the rearview mirror, it’s a good time to reassess the notion that cryptocurrency is still a risk-on asset class. After all, crypto’s risk will help determine how to allocate assets in 2022. For many traders, the massive selloff of March 2020 is still a memory, be it one of great […]
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