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Thread: Coinbase's blockbuster debut is a 'watershed' for crypto — but there are risks ahead

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    Post Coinbase's blockbuster debut is a 'watershed' for crypto — but there are risks ahead

    Coinbase's blockbuster debut is a 'watershed' for crypto — but there are risks ahead

    Coinbase is set to go public Wednesday, and investors are hailing it as a "watershed" moment for the cryptocurrency industry.

    More @ CNBC...


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  3. #2

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    Default Re: Coinbase's blockbuster debut is a 'watershed' for crypto — but there are risks ah

    COIN indicated to open at $349. Nice windfall for insiders.

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    Default Re: Coinbase's blockbuster debut is a 'watershed' for crypto — but there are risks ah

    Now $379, and it hasn't hit the open market yet.

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    Default Re: Coinbase's blockbuster debut is a 'watershed' for crypto — but there are risks ah

    Opened at $381.
    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Expected retirement date: November 2023

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    Default Re: Coinbase's blockbuster debut is a 'watershed' for crypto — but there are risks ah

    Cathie Wood's ARK bought COIN on IPO day.

    Cathie Wood’s Ark Investment Management bought about $246 million worth of the stock for three of its funds, while BTIG analyst Mark Palmer initiated coverage with a buy rating, setting a price target of $500 and touting the potential increase in cryptocurrency’s total market capitalization beyond the curent $2.1 trillion.
    https://www.bloomberg.com/news/artic...make-purchases

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