Coinbase brings cryptocurrencies to Wall Street

New York (AFP) – The arrival of cryptocurrency exchange Coinbase on Nasdaq is one of the most anticipated events of the year on Wall Street, where enthusiasm for bitcoin is in full swing, despite questions about the sustainability of the market. The first company devoted entirely to cryptocurrency to enter the US stock exchange, Coinbase — which will be listed under the symbol COIN — is already a heavyweight. Estimates vary depending on the method of calculation, but its capitalization is expected to range from $70 to $100 billion, the largest IPO for a US company since Facebook in 2012. Coi…

Read More

HEDGE accordingly