Coinbase Valued At $85.7B After First Day Trading – April 15


📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$62,243

Bitcoin price has cooled off from its breakout rally, retreating back to the $62,000s as it hovers around the previous all-time high.

Top-20 altcoins have also slowed down, as Ethereum gains 3%, XRP falls 8% and Binance Coin drops 6% for the day.

Top Stories for April 15, 2021 🔥

👉 Coinbase Valued At $85.7B After First Day Trading

Cryptocurrency exchange Coinbase has finished its first day of public trading with a fully diluted valuation of $85.7 billion, with a share price of just over $328.

The share price rose rapidly to as high as $429 when the market opened, however posted a low of $310 in the final hour of trading.

👉 $623M Worth Of BTC From 2016 Bitfinex Hack Has Been Moved 

About 10% of the Bitcoin stolen in the 2016 Bitfinex hack has been moved, with a current value of around $623 million dollars.

Analysts believe that the move happening at the same time as the Coinbase listing may not be a coincidence, as they are likely to receive less publicity.

Over 119,000 Bitcoins were stolen in the hack, worth around $7.4 billion at today’s prices.

👉 Largest Swiss Insurer Begins Accepting BTC As Payment

Customers of AXA, Switzerland’s largest insurance firm, can now pay for any non-life insurance premiums in Bitcoin.

The company will be accepting the Bitcoin payments with the help of Bitcoin Suisse, an established cryptocurrency broker. No additional fees will be charged for those customers paying with BTC.

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