COIN

Palestinians Ponder Digital Currency as Move for Monetary Independence

<div class=”featured_image_container”> </div> <strong>The Palestine Monetary Authority is exploring the possibility of issuing its own digital currency. For Palestinians, the minting of a national coin would represent a step, at least a symbolic one, towards achieving monetary independence from the State of Israel. </strong> Digital Currency to Help Palestinians Cope With Israeli Restrictions Palestinians are …

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Basketball Players in Canada to Be Paid in Bitcoin

<div class=”featured_image_container”> <img width=”1280″ height=”720″ src=”http://scoreit.online/wp-content/uploads/2021/06/shutterstock_1957637350-1280×720-1.jpg” class=”story__img article__poster” alt=”Basketball Players in Canada to Be Paid in Bitcoin” loading=”lazy” srcset=”http://scoreit.online/wp-content/uploads/2021/06/shutterstock_1957637350-1280×720-1.jpg 1280w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-300×169.jpg 300w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-1024×576.jpg 1024w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-768×432.jpg 768w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-1536×864.jpg 1536w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-2048×1152.jpg 2048w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-696×385.jpg 696w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-1392×770.jpg 1392w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-1068×601.jpg 1068w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-747×420.jpg 747w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-1920×1080.jpg 1920w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-190×107.jpg 190w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-380×214.jpg 380w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-760×428.jpg 760w, https://static.news.bitcoin.com/wp-content/uploads/2021/06/shutterstock_1957637350-1520×855.jpg 1520w” sizes=”(max-width: 1280px) 100vw, 1280px”> </div> <strong>CEBL, the …

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JPMorgan, Goldman Sachs Initiate Coverage of Coinbase Stock — up to 60% Price Upside

<div class=”featured_image_container”> </div> <strong>Investment banks JPMorgan and Goldman Sachs have initiated coverage of the Coinbase Global stock. JPMorgan gives Coinbase an overweight rating with a 60% upside potential while Goldman Sachs begins with a buy rating.</strong> JPMorgan, Goldman Sachs Now Covering Coinbase Stock A couple of major investment banks initiated coverage of the Coinbase Global …

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Coinbase Shares Down 27%, $1.2B Convertible Debt Deal Announced, Shareholder Letter Says ‘Competition Increasing’

<div class=”featured_image_container”> </div> <strong>Coinbase shares have dropped in value during the last month after opening at $342 per share. The company’s shares have dropped over 27% to $248 per share since the Nasdaq listing in mid-April. On Monday, the firm further announced intentions to sell $1.25 billion of convertible debt.</strong> Coinbase Shares Drop Below Reference …

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Fintechs Invited to Work on Georgia’s Central Bank Digital Currency

<div class=”featured_image_container”> </div> <strong>National Bank of Georgia (NBG) has issued a call for companies in the fintech sector, financial institutions and technology firms to support its efforts to create a digital currency. Georgia’s central bank wants to employ new technologies to raise the efficiency of the country’s payment system and promote financial inclusion. </strong> Georgia’s …

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Hip Hop Star Nas Calls Himself ‘Cryptocurrency Scarface,’ Mentions Coinbase Investment in New Video

<div class=”featured_image_container”> </div> <strong>Hip hop legend and recording artist Nasir Jones, known by his stage name “Nas,” recently released a new video with record producer DJ Khaled and rapper Jay-Z. The songwriter mentioned being a “cryptocurrency Scarface” and also mentioned the San Francisco company Coinbase in his rhyme. Nas was an early Coinbase investor back …

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Coinbase Buys Data Firm Skew, Company’s First Acquisition Since the Nasdaq Direct Listing

<div class=”featured_image_container”> </div> <strong>On April 30, the crypto-focused data analytics company Skew announced the firm has been acquired by the San Francisco company Coinbase. The exchange will leverage Skew’s data with the firm’s institutional subsidiary Coinbase Prime. The goal is to make “cryptocurrency markets more transparent and accessible for institutional investors.”</strong> Coinbase Acquires Analytics Company …

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Nasdaq to launch options trading for Coinbase Global

Less than one week after the largest crypto exchange in the U.S. was listed, Nasdaq is set to start trading options for Coinbase Global. According to an April 19 Reuters report, a representative for Coinbase stated that the COIN.O options will start trading on Nasdaq on Tuesday, April 20. The launch of equity options will …

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Coinbase insiders dump nearly $5 billion in COIN stock shortly after listing

Insider activity reports for Coinbase’s COIN stock indicate that multiple early investors and executives dumped billions in equity shortly after COIN’s direct listing, with at least one C-suite director cashing out their stake in the cryptocurrency exchange entirely.  Data from Capital Market Laboratories and confirmed by filings on Coinbase’s Investor Relations website shows a total …

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‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’ 

<div class=”featured_image_container”> </div> <strong>Bitcoin bull and billionaire investor Mike Novogratz has warned about cryptocurrency market volatility in a recent interview stemming from the Barron’s and Marketwatch’s “Investing in Crypto” virtual event series. In general and over the long term, Novogratz is bullish about bitcoin and companies like Coinbase remaining prosperous.</strong> Novogratz Warns of a Crypto …

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