Coinbase Stock Closes 32% Down From High as Bitcoin Pulls Back
After a second-week of trading, shares in Coinbase have closed at $293.45. That's a 32% decline from its opening day high of $429.54 on its first day of trading. Coinbase,…
Top Three DeFi Lenders on Ethereum Hold Record $25 Billion in Deposits
Lending deposits on the three biggest Ethereum DeFi platforms hit a record high in the first quarter of 2021. Aave, Compound, and MakerDAO collectively held more than $25 billion from…
‘Black Swan’ Author Taleb Blasts Bitcoin as ‘Ponzi’ and ‘Gimmick’
Nassim Taleb, the statistician and author best known for his 2007 book "The Black Swan," has likened Bitcoin to a Ponzi Scheme in a new interview. Speaking with CNBC’s Squawk…
On the Eve of Coinbase Day, New ATH for BTC and ETH
Happy Tuesday, Blockfolians The Lede Tomorrow is Coinbase’s direct listing on the NASDAQ! To mark the occasion, both BTC and ETH decided to hit new all time highs. At press…
A Tale of Two Dips
Happy Friday Blockfolians The Lede At least it would have been a Happy Friday if it weren’t for that insane dip last night. That was obviously the second big dip…
A $17B Hedge Fund Has Crypto Holdings Revealed
Happy Monday, Blockfolians The Lede Everyone is getting hyped about Coinbase’s upcoming IPO. Will it begin the next leg of the bull market? It’s likely that at least part of…
Robinhood’s 9.5M Crypto Users
Happy Friday, Blockfolians The Lede Coinbase has been the talk of the town this week, what with their absurd Q1 volume and revenue and net income and (it seems) valuation…
