Why making bitcoin mainstream could be bad news for Coinbase

CNBC Television published this video item, entitled “Why making bitcoin mainstream could be bad news for Coinbase” – below is their description.

Shares of the cryptocurrency exchange ticked up 2% after its first day of trading. In its market debut, Coinbase hit a high of $429.54 per share before closing at $328.28 per share. CNBC’s Jon Fortt explores whether Coinbase is the future or investors should proceed with caution.

CNBC Television YouTube Channel

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

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:

Cramer’s lightning round: Enphase Energy is a buy

Cramer’s game plan for the trading week of Nov. 28

Jim Cramer breaks down Deere’s most recent quarter

In This Story: Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

4 Recent Items: Bitcoin

COVID protests in China drag major indices lower

China’s COVID protests continue, dragging on major indices| Yahoo Finance Live November 28

Stock Market Coverage – Tuesday Morning November 29 Yahoo Finance

Bitcoin Should Be Better at Laundering Money: Weisenthal

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)

Digital Asset Investment Outlooks in the Turbulent Market

Insights on the fintech landscape with Mizuho’s Dan Dolev

The bear and bull case for Coinbase

Bitcoin Falls Below $16K; Coinbase Hits Lowest Price Since Going Public

Most Bitcoin Addresses Now in Loss for First Time Since March 2020

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.

Coin Exchanges #Ad

Major exchanges and platforms enable the purchase, trading and swapping of cryptocurrencies. To get started with crypto, register with an exchange or platform such as:

4 Recent Items: Cryptocurrency

Are football fan tokens risky?

‘Bloomberg Surveillance: Early Edition’ Full Show (08/10/2021)

Coinbase President: Infrastructure Bill Is a ‘Setback’

AMC CEO on outlook: AMC will get quite involved in cryptocurrency

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.