Popular cryptocurrency exchange FTX is expanding into the arena of traditional investing for retail customers in the United States. In a new post, FTX US president Brett Harrison informs his 50,900 Twitter followers about the platform’s new feature which allows users in all 50 US states plus Puerto Rico and the Virgin Islands to buy and sell stocks as well as exchange-traded funds (ETFs). “FTX Stocks is now live for US users! Residents of all 50 states (yes, including NY!) as well as PR and USVI can sign up. Trade…
Tag: Stock
Coinbase’s Stock at Crossroads as Cathie Wood’s Ark Sells Some
“Investing in Coinbase is not for the faint of heart, as the business – and the stock – will likely see dramatic, potentially protracted swings, because Coinbase’s revenues are currently tightly linked to cryptocurrency asset values, which have historically been cyclical,” Lisa Ellis, an equity analyst at MoffettNathanson, told clients in a note in May when she started coverage of the stock with a buy rating and $200 price target. Source
Schwab Asset Management to List Crypto ETF on New York Stock Exchange
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Cathie Wood’s Ark Invest Sells 174,611 Coinbase Shares Amid 85% Wipeout in the Crypto Exchange’s Stock Price
Veteran hedge fund manager Cathie Wood’s ARK Invest is cutting its stake in the shares of Coinbase crypto exchange. An update on a website tracking the holdings of ARKW, ARK Invest’s innovation-focused fund, reveals that the investment firm offloaded approximately 174,611 shares of Coinbase on July 26th. ARKW is an exchange-traded fund (ETF) focused on companies in fields such as blockchain technology, big data, Internet of Things, fintech, and cloud computing. ARK Invest now holds 1.3 million shares of Coinbase, down from the 1.5 million shares that it held in…
Crypto Exchange FTX.US Opens Stock Trading to Users Nationwide
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CryptoX employees, including editorial employees, may receive exposure to DCG equity…
FTX US Stock Trading Now Available to All Users
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
Coinbase, Robinhood Shareholders Face Significant Stock Dilution: JPMorgan
Given the sharp drop in share prices, JPMorgan expects Coinbase and Robinhood to lower employee equity grants via RSUs, though it still expects “share creep from RSU issuance will drive dilution to a still substantial 7% pace annually in coming years.” The bank estimates if that 7% pace were to persist for five straight years, it could reduce the value of each company to existing shareholders by 30%. Source
The REAL REASON Bitcoin, Ethereum, & Altcoins are CRASHING!! [Market Manipulation]
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Who is causing the great crypto crash of 2022? Is it Terra Luna? Joe Biden? The Federal Reserve? Find out IN THIS VIDEO! Hit Like, Share, and Subscribe for more daily cryptocurrency news Coinspaid – the largest crypto processing – CoinsPaid Telegram Chat: Twitter: Token page Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:44 – Do Kwon & Terra Luna 2:07 – Terra Collapse Wasn’t Main Factor in the…
Coinbase stock has potential to double in 2022 after plunging 90% from record high
Coinbase stock (COIN) price has nearly doubled since its June lows with a potential for much more upside this year, according to a mix of technical and fundamental indicators. COIN’s symmetrical triangle reversal COIN has been undergoing a strong bullish reversal after falling by almost 90% from its record high of $368.90 in November 2021. Coinbase stock price was up over 95% to $75.27 as of July 20’s close when measured from its May 12 local bottom of $40.83. Its recovery led to a symmetrical triangle pattern formation with the…
Brazilian Fintech BEE4 to Launch First Local Tokenized Stock Marketplace
Asset tokenization is a hot area in Brazil. In December, Brazil’s only stock exchange, B3, said it was exploring opportunities in the asset tokenization, digital asset custody and crypto-as-a-service (CaaS) segments. And last week, Itaú Unibanco, Brazil’s largest private bank, announced its plans to launch an asset tokenization platform that transforms traditional finance products into tokens. Source