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Forwarded from Power Crypto News
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BINANCE NEW LISTING 👍
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👉 #Binance will list the Coinbase Stock Token #COIN on 2021-04-14 (UTC), during which the COIN/BUSD trading pair will be open.
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👉 www.binance.com/en/support/announcement/0e553c69c6ab4265bf97aca31be6fbe7
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@PowerCryptoNews
🇫🇷 Depuis 24h, on lit tout et n'importe quoi sur l'introduction en bourse de Coinbase Global Inc., qui pour commencer n'en est même pas une, puisque Coinbase a choisi de faire une "Cotation Directe", ce qui signifie qu'il ne s'agit pas de lever de nouveaux fonds, comme le ferait une entreprise lors d'une introduction en bourse traditionnelle.
👉 Voici un récapitulatif de la journée du 14 Avril:
1️⃣ Le #NASDAQ avait fixé à $250 l'action le prix de référence pour la cotation, qui n’est pas un prix d’offre d'achat mais juste une évaluation. Par ailleurs, ce sont uniquement les 17.000 employés de #Coinbase qui ont pu reçevoir chacun 100 actions, avant la cotation.
2️⃣ Quelques heures avant l'ouverture de la cotation, son prix s'echangeait jusqu'à $640 sur la plateforme #FTX.
3️⃣ À l'ouverture de la cotation, le prix a été affiché pour $386 par action.
4️⃣ À la fermeture de Wall Street, la cotation de #COIN était de $328 soit une baisse de -15% par rapport à son prix d'ouverture (et -35% sur la plateforme FTX).
🇬🇧 For 24 hours, we read everything and anything about the IPO of Coinbase Global Inc., which is not even one since Coinbase has chosen to do a "Direct Listing", which means that it's not about raising new funds, like a company would in a traditional IPO.
Here is a brief recap of the 14th April:
1️⃣ The #NASDAQ assigned Coinbase a reference price of $250, which was not an offer price but a valuation only. BTW, that's only the 17,000 employees of Coinbase who were able to each receive 100 shares, before the listing.
2️⃣ A few hours before the listing opened, its price was traded up to $640 on the #FTX exchange.
3️⃣ At the opening of the listing, the #COIN price was announced at $386 per share.
4️⃣ When the Wall Street session ended, the price was at $328, a decrease of -15% compared to its opening price (and -35% on the FTX platform).
Forwarded from Power Crypto News
BREAKING NEWS: Coinbase will shut down Coinbase Pro just four years after its launch.

▫️After the IPO last April of #COIN which was far from a success following the loss of up to 90% of its value, it was Coinbase Pro which was designated for budget restrictions at the within Coinbase.

▫️However, and no media mentions it, the Coinbase Prime crypto trading platform for institutional investors continues its operations.

I hope there are not any hidden reasons for this closure, because we know that many exchanges suffered badly with this crypto-crash. 🤐