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Coinbase’s Direct Listing is Tomorrow

Coinbase will start trading tomorrow on the open market after opting for a direct listing rather than an IPO. The reference price for Coinbase is $250, giving the company at $65.3 billion market cap.






What is Up With the GBTC Negative Premium?

Bitcoin (BTC) is holding up well and trading at support levels after making highs a few weeks back. However, traders are selling GBTC in a panic creating a large negative GBTC premium (a GBTC discount).