Coinbase Expects COIN Shares Listing In Two Weeks – April 2

πŸ“ˆ 30 Second Cryptocurrency ,Price Summary

Current Bitcoin Price:Β $59,519

Bitcoin price bounced off resistance at $60,000 today, in an apparent failed breakout toward the upside.

Top-20 altcoins appear to be remaining strong, as Ethereum gains 2%, Binance Coin rises 10% and XRP gains 2%.

Top Stories for April 2, 2021 πŸ”₯

πŸ‘‰ Coinbase Expects COIN Shares Listing In Two Weeks

Renowned cryptocurrency exchange Coinbase has revealed that it expects its shares to list on the Nasdaq Global Select Market on April 14th.

The crypto exchange’s ticker symbol will be “COIN”, with private trades of its shares reportedly setting a price of up to $375 each. This may put the company at a $100 billion valuation by the time trading opens to the public.

πŸ‘‰ IRS Demanding Details Of Circle Customers Trading Over $20K

The US Internal Revenue Service (IRS) has had its request for Circle customer information authorized by a federal judge.

Circle and Poloniex customers with a transaction total of $20,000 or more between 2016 and 2020 are being targeted by the information request, in an effort to ensure the payments of taxes.

πŸ‘‰ Bitcoin Mining Difficulty Reaches New All-Time High

The mining difficulty on the Bitcoin network has adjusted to a new all-time high today, beating the March 2020 record by almost 6%.

The equivalent of 90,000 units of the newest Bitcoin mining hardware has been added to the network over the last two weeks, contributing to the difficulty change.