Cryptocurrency

Surojit Chatterjee: Ex-Google exec’s 2020 move to Coinbase

Even for Silicon Valley, Surojit Chatterjee’s rise to extraordinary wealth, amounting to nearly Rs 5,000 crore (or $646 million) was lightning fast. The chief product officer has been with Coinbase Global Inc., the biggest U.S. crypto exchange, for just 15 months. The former Google executive’s Coinbase stake was worth about $180.8 million after its first…

Coinbase listing marks latest step in crypto’s march to the

Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset. The listing is by far the biggest yet of a cryptocurrency company, with the San Francisco-based firm saying last month that private market transactions had…

Bitcoin rallies to all-time high as traders eye Coinbase Global l

Bitcoin jumped to an all-time high as the mood in cryptocurrencies turned bullish ahead of Coinbase Global Inc.’s listing this week. The token rose as much as 5.3 per cent to $63,179, exceeding the previous peak in March. Cryptocurrency-exposed stocks such as Riot Blockchain Inc and Marathon Digital Holdings also advanced in US premarket trading….

Bitcoin rallies to all-time high of $62,741 before landmark Coinb

Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day ahead of Coinbase’s initial public offering. The largest U.S. cryptocurrency exchange’s listing on the Nasdaq on Wednesday is considered a landmark victory for cryptocurrency advocates. The world’s biggest cryptocurrency, which has growing mainstream acceptance as an investment and…

Led by Bitcoin, global cryptocurrency market crosses $2 tn for fi

Led by Bitcoin, the global cryptocurrency market has zoomed past $2 trillion in market capitalisation amid a surge in institutional demand. Bitcoin alone has contributed more than $1 trillion after its price more than doubled in 2021 and is currently hovering around $57,000 per digital coin. The other key cryptocurrencies — Ethereum, Binance Coin, Polkadot,…

Cryptocurrency market value surges to all-time high of $2 trillio

The cryptocurrency market capitalisation hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand from both institutional and retail investors. By mid-afternoon, the crypto market cap was at $2.02 trillion. The surge was led by bitcoin, which hit…