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May 27, 2021
Figs Opens 29% Higher in First Day of Trading TheStreet 1 hr ago © TheStreet Figs Opens 29% Higher in First Day of Trading Figs , the direct-to-consumer healthcare apparel and lifestyle company, made its stock market debut, opening 29% above its initial public offering price. Popular Searches Figs, which has about 200 employees, said in a statement Wednesday that it sold 26.4 million shares at $22. The estimated IPO price had been $16 to $19 a share. This would value the company at about $...
May 19, 2021
Casalena considered the offer long and hard, but he didnt want to give up control. Instead, he opted to stay independent and bring in outside investors for the first time, allowing him to accelerate hiring and product development and also sell some of his stock. He didnt know it at the time, but in raising a $38.5 million financing round, Casalena was making a billion-dollar decision for himself and a highly lucrative one for venture firms Index Ventures and Accel Partners. Squarespace, which s...
May 17, 2021
COIN, MARA, RIOT and other blockchain-related stocks continue to slide as Bitcoin struggles to hold above $43,000.
May 16, 2021
In this week’s Hodler’s Digest, a big blow for Bitcoin as Tesla drops it as a payment method, Ether breaks $4,000 and Dogecoin bounces back on two pieces of good news.
May 13, 2021
Geminis crypto custody tops $30B as analyst predicts Coinbase shares will fall to $100 Geminis crypto assets in custody have trebled this year which the exchange attributes to surging interest from institutions and asset managers, 6803 Total views News The Winklevoss twins’ Gemini exchange now has $30 billion worth of cryptocurrencies under custody as competition heats up among top U.S. exchanges. “Tracking with the impressive growth of the crypto market this year and increased par...
May 13, 2021
Richard Drew/Associated Press This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Coinbase is expected to report earnings for the first time since its direct listing in mid-April. Ark analyst Yassine Elmandjra shares how the stock could scale to the $2.5 trillion crypto market. New Constructs CEO David Trainer breaks down why the stock could actually fall below $100 or less. All ey...
May 13, 2021
5/13/2021 9:26:50 AM GMT | By HotForex Analysis Team Coinbase, H1 Coinbase Global, Inc., known as Coinbase, is expected to report earnings today (May 13) after the market closes. The report is for the fiscal quarter ending March 2021. Coinbase went public on April 14 via a live listing on the Nasdaq exchange with the ticker COIN and the proposed listing price opened at $381. The Coinbase platform allows retail and institutional customers to buy, sell a...
May 12, 2021
Coinbase could slump to $100 as competition eats into market share of the largest US crypto exchange, New Constructs CEO says insider@insider.com (Carla Mozée) © Shannon Stapleton/Reuters The Coinbase logo on display in Times Square in New York. Shannon Stapleton/Reuters Coinbase stands to face steeper competition and its shares are likely to fall to $100 or less, New Constructs CEO David Trainer said about the crypto exchange operator. Coinbase is expected to report first-...
May 12, 2021
The Top Charts list on the Apple App Store shows that Coinbase mobile app became the most popular application across the US.
May 12, 2021
Some idea of whether cryptocurrencies are a new asset class or the next bubble to burst will come into play when Coinbase reports its first quarterly earnings.