Coinbase CEO, Early Investors Sold About $5B in Stock on Opening Day – BeInCrypto

Coinbase CEO Brian Armstrong and early investors have sold COIN shares worth roughly $5 billion on the opening day of trading.

Coinbase had a fairly good performance after its direct listing, settling at over 30% from its reference price of $250.

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Coinbase CEO, Early Investors Sold Approximately $5 Billion in Stock on Opening Day – BeInCrypto

Coinbase CEO Brian Armstrong and early investors have sold COIN shares worth roughly $5 billion on the opening day of trading.

Coinbase had a fairly good performance after its direct listing, settling at over 30% from its reference price of $250.

Read more

Coinbase Concludes First Day of Trading, Market Cap Briefly Crosses $100 Billion – BeInCrypto

Coinbase concluded its first day of trading with a share price of $328. This equates to a 31% gain from the $250 reference price set by Nasdaq.

Coinbase has finally seen its listing on Nasdaq happen, and the stock experienced a heady first day on the market.

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Binance and Coinbase suffer outages as Bitcoin’s price soars

Both Binance and Coinbase suffered technological issues on Wednesday — the same day Bitcoin (BTC) crossed the $20,000 price threshold for the first time. Binance related its issues to the number of people surfing the exchange.

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