Gold, Stocks, and Bitcoin: Weekly Overview — October 14 – BeInCrypto

This week’s price movements for Bitcoin (BTC), gold, and our stock pick Coinbase.
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BTC
Bitcoin (BTC) has had a prosperous October so far. After starting the month around $44,000, BTC hit a resistance point at $48,000 by the end of October 1, where it remained until October 4.

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Jim Cramer: Coinbase stock is cheap, put 5% of your portfolio in crypto

Jim Cramer, the host of CNBC’s “Mad Money” has recommended buying Coinbase stock, and suggested that 5% of investment portfolios should be allocated to cryptocurrency.
Cramer made the comments in the Lightning Round on Aug.

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Coinbase Growth Sees Support Staff Hires Surge 500% Since January – BeInCrypto

Coinbase has hired over 3,000 support staff in an effort to keep up with its growing client base. 
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Vice President of customer experience, Casper Sorensen has announced that in an effort to keep up with customer support handling, the company has hired over 3,000 support staff.

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Coinbase Offering $1.25B Convertible Note Sale as Share Price Dips – BeInCrypto

Coinbase will run a senior note private offering of $1.25 billion. The notes will have a five-year maturation period.
Coinbase, a cryptocurrency exchange platform, announced the private offering on May 17 to select institutional investors.

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Coinbase Stock Falls Amid Mixed Financial Results – BeInCrypto

Coinbase (COIN) stock fell in after-hours trading in light of its mixed financial results.
Coinbase shares fell past $250 for this first time in after-hours trading. This was the reference price set by Nasdaq for its direct listing on April 14, when it debuted at $381.

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Coinbase Runs Risk of Delisting From German Exchanges – BeInCrypto

Coinbase is in danger of being delisted on Friday by the Deutsche Börse due to issues with proper reference codes.

Friday could prove to be a major day in the history of Coinbase as it was announced that the Deutsche Börse is planning to delist shares from its Xetra and Frankfurt systems.

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