Any price prediction? Everybody are saying its insane price. But looking RBLX,ABNB etc prices i trully cant say why 100B is expensive?Even Robinhood is trading 100B price. COIN will be 150B after IPO? Any thoughts? Lots of people want to invest real crypto things, not coins. And COIN is first real newcomer
LOL, the world is insane. Goldman IMO is probably the best run company in existence. This is INSANE...
Yep, all of the Exchanges are coming for equities. FTX already offering them against USDT (maybe even BTC). Other Exchanges are also offering some of the big stocks against BTC (p&l paid in BTC). It will be like the spread betters in the UK offering shares, you won't be buying/selling the actual shares rather their price on the back of the underlying. It's concepts like this where the FTT is so dangerous to implement because what happens if we all start to trade GOOG, IBM, GE etc on offshore exchanges using Bitcoin (and pay our income tax on any profits, just not the FTT)? Few if any traders care about owning the actual shares, we just want the profit via buying a number that hopefully will go higher.
COIN now trading at near $500 on the FTX grey market. $125b market cap! https://ftx.com/en/trade/CBSE/USD It's crazy how innovative and fast FTX and the other crypto exchanges are, and that must be frightening for the incumbents on Wall street. I can only imagine an FTX meeting. Someone says 'hey we should introduce XYZ, there might be some mileage in it'. Then a few hours later it's all ready to be listed and traded.
Coinbase earnings https://www.sec.gov/Archives/edgar/data/0001679788/000162828021006601/exhibit991-8xk.htm Revenues up 117% quarter over quarter. Net income $800M. These are monstrous numbers. Most high growth tech companies, dont grow this fast and dont make money. Coinbase is doing both
TD Ameritrade Holding Corp. (NASDAQ:AMTD) announced a strategic investment in cryptocurrency exchange ErisX, which offers both bitcoin spot trading and futures trading. While Coinbase only offers bitcoin spot trading, ErisX allows trading, deposits and withdrawals in bitcoin, bitcoin cash, ethereum and litecoin.
Binance offers more trading, withdrawal and deposit options than ErisX. Binance offers more trading, withdrawal and deposit options than ErisX. Can you fund Cardano or DOT on ErisX?