Grayscale CEO on how Coinbase’s public debut could impact crypto market

About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

Recent from CNBC Television:

  • Ritholtz Wealth Management’s Josh Brown ‘perfectly happy’ with Fed
  • Fed’s Powell says policy will deliver powerful support to the economy
  • Former PIMCO chief economist Paul McCulley on Powell press conference
  • CNBC Television published this video item, entitled “Grayscale CEO on how Coinbase’s public debut could impact crypto market” – below is their description.

    After its public debut Wednesday, the cryptocurrency giant Coinbase closed at $328, which was less than its high of $429. Grayscale CEO Michael Sonnenshein joined “Squawk Box” on Thursday to discuss how Coinbase’s direct listing could impact crypto markets in the long-term.

    CNBC Television YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: Coinbase (Nasdaq: COIN)

    Coinbase, Inc. (Nasdaq: COIN) is an American cryptocurrency exchange platform that operates remote-first without an official physical headquarters. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam, and as of March 2021, was the largest cryptocurrency exchange in the United States by trading volume. Coinbase IPO’d on the Nasdaq exchange on 14 April 2021, via a Direct Listing, they carry the stock ticker COIN.

    5 Recent Items: Coinbase (Nasdaq: COIN)

  • Crypto Is a Whole New Financial System, Says Coinbase Co-Founder
  • Three Tips for Crypto Investors From the Coinbase Co-founder
  • Crypto Could Create More Jobs Than the Internet Did, Says Ehrsam
  • Don’t Dismiss Dogecoin, Says Coinbase Co-founder
  • Crypto 401(k), parcel power and trouble brewing?
  • In This Story: Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

    Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

    4 Recent Items: Cryptocurrency

  • Crypto Is a Whole New Financial System, Says Coinbase Co-Founder
  • Back in My Day: Cryptocurrency, Bill and Melinda Gates
  • Crypto Could Create More Jobs Than the Internet Did, Says Ehrsam
  • How to measure progress in making bitcoin green
  • Leave a Comment