India  

Bitcoin hits fresh record ahead of Coinbase's stock market debut

Video Credit: Euronews English - Duration: 02:37s - Published
Bitcoin hits fresh record ahead of Coinbase's stock market debut

Bitcoin hits fresh record ahead of Coinbase's stock market debut

Does the stock market listing of Coinbase mean cryptocurrencies are becoming part of the financial establishment?


You Might Like


💡 newsR Knowledge: Other News Mentions

Bitcoin Bitcoin Decentralized digital currency

Bitcoin's highly anticipated 'halving' event takes place

Bitcoin's rare halving event has taken place, according to crypto analysis firm CoinGecko.
Sky News

ED attaches assets worth Rs 98 crore of Shilpa Shetty, Raj Kundra

Enforcement Directorate attaches assets worth Rs 98 crore of Shilpa Shetty and Raj Kundra in a crypto assets ponzi scheme case. The couple faces a money..
IndiaTimes
Where Bitcoin is going to be in 10 years...especially if it teams up with AI [Video]

Where Bitcoin is going to be in 10 years...especially if it teams up with AI

Euronews caught up with Yves Holenstein from Bitcoin Suisse AG to learn how the largest cryptocurrency is about to be part of our day-to-day lives in the next few years.

Credit: euronews (in English)    Duration: 06:22Published
Bitcoin Rallies on Hopes of Renewed Interest Among Mainstream Investors [Video]

Bitcoin Rallies on Hopes of Renewed Interest Among Mainstream Investors

Bitcoin Rallies, on Hopes of Renewed Interest , Among Mainstream Investors. On March 4, the price of Bitcoin broke $65,000, bringing it closer to returning to an all-time high reached in November 2021. NBC reports that the latest rally has been driven by hopes that the launch of bitcoin exchange- traded funds will expand bitcoin's pool of buyers. . In 2024, the cryptocurrency has gained over 48%, rapidly approaching its record intra-day all-time high of over $68,000. In January, Bitcoin ETFs were first approved by the Securities and Exchange Commission (SEC). . The SEC said the approval of the ETFs were meant to make it easier for investors to gain exposure to Bitcoin without having to actually own the digital coins. NBC reports that the world of crypto is also banking on a potential rally following a technical event known as "halving" scheduled to occur in April. This event will see the rate of supply for new bitcoin to decline, which could cause the value of the cryptocurrency to increase if demand remains unchanged. Some mainstream investment experts have still urged caution when it comes to investing in the controversial cryptocurrency. With equities, you own a share of a company that produces goods or services, and many also pay dividends. With bonds, you get a stream of interest payments, Vanguard statement, via NBC. Commodities are real assets that meet consumption needs, have inflation- hedging properties, and can play a role in certain portfolios, Vanguard statement, via NBC. While crypto has been classified as a commodity, it’s an immature asset class that has little history, no inherent economic value, no cash flow, and can create havoc within a portfolio, Vanguard statement, via NBC

Credit: Wibbitz Top Stories    Duration: 01:32Published

Coinbase American digital asset exchange company

SEC Permitted to Sue Coinbase for Offering Unregistered Securities [Video]

SEC Permitted to Sue Coinbase for Offering Unregistered Securities

SEC Permitted to Sue Coinbase , for Offering Unregistered Securities. U.S. District Judge Katherine Polk Failla has ruled that the Securities and Exchange Commission's (SEC) lawsuit against Coinbase can proceed, The Verge reports. . The SEC has sufficiently pleaded that Coinbase operates as an exchange, as a broker, and as a clearing agency under the federal securities laws, , U.S. District Judge Katherine Polk Failla, via ruling. ... and, through its Staking Program, engages in the unregistered offer and sale of securities, U.S. District Judge Katherine Polk Failla, via ruling. The judge rejected arguments that existing laws are inadequate when it comes to crypto. . The judge rejected arguments that existing laws are inadequate when it comes to crypto. . The ‘crypto’ nomenclature may be of recent vintage, but the challenged transactions fall comfortably within the framework that courts have used to identify securities for nearly eighty years, U.S. District Judge Katherine Polk Failla, via ruling. Coinbase chief legal officer Paul Grewal took to X to respond to the ruling. . Coinbase chief legal officer Paul Grewal took to X to respond to the ruling. . Early motions like ours against a government agency are almost always denied. , Paul Grewal, Coinbase chief legal officer, via X. But clarity is the ultimate goal and today’s decision continues us on that path, Paul Grewal, Coinbase chief legal officer, via X. Looking ahead, we remain confident in our legal arguments, we look forward to proving we’re right, , Paul Grewal, Coinbase chief legal officer, via X. ... we are eager for the opportunity to take discovery from the SEC for the first time, and we appreciate the Court’s continued consideration of our case. , Paul Grewal, Coinbase chief legal officer, via X

Credit: Wibbitz Top Stories    Duration: 01:31Published

Related videos from verified sources

Equity indices trade flat, Infosys drops 3.8 pc [Video]

Equity indices trade flat, Infosys drops 3.8 pc

Equity benchmark indices traded flat during early hours on April 15 amid an interplay of resurgence in COVID-19 cases and the pace of vaccination. Investors tracked updates on the vaccines approval and..

Credit: ANI     Duration: 01:17Published
Coinbase soars in milestone crypto market debut [Video]

Coinbase soars in milestone crypto market debut

Coinbase Global, the world's largest cryptocurrency exchange, staged a banner stock market debut on Wednesday, in an auspicious moment for the emerging cryptocurrency world. Conway G. Gittens has the..

Credit: Reuters - Politics     Duration: 02:16Published