Bitcoin Near $60K as Coinbase Listing Stirs Fresh Crypto Hype

Andreas Milano
  • Bitcoin (BTC) trading around $60,120.82 as of 20:00 UTC (4 p.m. ET). Climbing 0.68% over the previous 24 hours.

  • Bitcoin’s 24-hour range: $59,428.21-$61,219.72 (CoinDesk 20)

  • BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians.

Bitcoin surged early Monday to a four-week high of $61,219.72. Analysts said the largest cryptocurrency might have gotten a boost from the hoopla surrounding U.S. exchange giant Coinbase’s coming direct stock listing Wednesday.

In cryptocurrency circles, the “Coinbase effect” is when a digital token gets a price pump after getting listed on the cryptocurrency exchange. But bitcoin

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Revolut Adds 11 Cryptocurrencies to Its Trading Offerings

Andreas Milano

TipRanks

The Dip in These 3 Stocks Is a ‘Buying Opportunity,’ Say Analysts

The investing game is rarely plain sailing. While no doubt investors would like the choices that make up their portfolio to always go up, the reality is more complicated. There are periods when even shares of the world’s most successful companies have been on a downward trajectory for one reason or another. While it’s no fun watching a stock you own drift to the bottom, any savvy investor knows that if the company’s fundamentals are sound to begin with, the pullback is often a gift in disguise.

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Coinbase gears up for historic listing

Coinbase is the largest cryptocurrency exchange in the United States and lists about 50 cryptocurrencies for trading. Photo: Chesnot/Getty Images

Cryptocurrency trading platform Coinbase is on course to make history as the first major crypto company to go public, paving the way to legitimise an industry marred with distrust from regulators and traditional investors. 

Coinbase is the largest cryptocurrency exchange in the United States and lists about 50 cryptocurrencies for trading. 

It is due to list on the Nasdaq (^IXIC) on Wednesday 14 April with a valuation that could run in excess of $90bn (£66bn).

The company will not issue

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Why It’s So Interesting to the Cryptocurrency World

Andreas Milano

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Cryptocurrency is red hot, but if you’re looking to get in on the action, you can’t buy it on the stock market through a standard brokerage account like you would with an index fund or a share of Amazon. Cryptocurrency like Bitcoin is traded on special exchanges like Etoro, CoinBase and BlockFi. The biggest exchange in the world by far is called Binance. It’s so big, in fact, that a “native” cryptocurrency called Binance Coin was developed just to make it easier to pay for the site’s services.

Read: Bitcoin Cash (BCH): How’s It Differ From

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10 Best Cryptocurrencies To Invest in for 2021

Andreas Milano

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Cryptocurrency is digital money that isn’t managed by a central system like a government. Instead, it’s based on blockchain technology, with Bitcoin being the most popular one. As digital money continues to gain traction on Wall Street, more and more options become available. There are currently more than 5,000 cryptocurrencies on the market.

While you can use cryptocurrency to make purchases, most people treat it as a long-term investment. However, investing in cryptocurrency can be risky if you don’t know where to begin. These are the top 10 cryptocurrencies that are most worthy of investment in 2021.

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Cryptocurrency Mining Company Argo Blockchain Achieves Record Q1 Revenue Growth

Andreas Milano

TipRanks

JPMorgan Says These 2 Stocks Could Surge Over 80%

After a volatile first quarter, Q2 has kicked off in style, and the major indexes sit at – or hover near – all-time highs. The government bond market has also been steadying as yields have pulled back after rising higher earlier in the year, soothing investor fears that inflation could get out of hand. Moreover, the economic recovery seems to be gathering steam at a faster pace than anticipated. “We had been expecting the data to improve about this time, and early signals are that the recovery is absolutely on

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