Cryptocurrency X Wall Street 📈 (Coinbase IPO)
March Madness Crypto Champion (DeFiChain)
Topps Trading Cards going Public
Headlines Worth Reading 📰
Everyone’s an Investor - Public.com
Cryptocurrency Adoption Accelerating…
Cryptocurrency adoption is accelerating. Everywhere you look. The Miami Heat entered into a long-term arena partnership with cryptocurrency exchange FTX.us, the Sacramento Kings announced they will offer all organization employees (including players) the ability to get paid in bitcoin, the Dallas Mavericks accept Dogecoin and Christie’s is auctioning off 9 CryptoPunks (NFTs) next month. The biggest news, however, is Coinbase becoming a public company this Wednesday.
The Coinbase IPO - April 14 🚀
One of the hottest IPOs of the year, and quite possibly decade, drops on the Nasdaq this Wednesday, April 14th. Cryptocurrency intersects with Wall Street when Coinbase becomes a public company.
First delayed, the Coinbase IPO (COIN) now drops at the most opportunistic time with cryptocurrency having it’s moment in 2021. For the first quarter of the year, Coinbase did $335B in trading volume compared to $193B in all of 2020. Revenues were $1.8B for the first 3 months, compared to $1.3B in all of 2020. These numbers have Wall Street analysts upgrading price targets and valuing Coinbase at over $200 Billion dollars!
Proponents of Coinbase will say this is a bullish moment and the catalyst for crypto adoption by Wall Street institutions. Opponents look at this as the top of the crypto moment.
April has seen a wild month of crypto development with the Coinbase IPO topping the list of wildest developments. Hold on tight this week and remember to invest early in understanding opportunities while utilizing overall portfolio diversification.
The Crypto Council for Innovation
Adding to all of the other news, The Crypto Council for Innovation launched this past week, comprised of Paradigm, Coinbase, Fidelity Digital Assets and Square, Inc.. More companies are expected to join the alliance soon.
“CCI’s mission is to demonstrate the transformational promise of crypto globally and to help policymakers, regulators, and people around the world understand crypto’s ability to spur economic growth and create jobs, improve financial inclusion and access, and enhance personal privacy and national security.”
Crypto industry got more funding in Q1 2021 than all of last year - Cointelegraph
Whipsawed Bitcoin investors eye Coinbase as steadier crypto bet - Bloomberg
March Madness Crypto Champion
In line with the NCAA basketball tournament, we launched our first March Madness Crypto Tournament, comprised of the top 68 cryptocurrencies by market cap. Our dedicated Twitter community definitely showed up: The final matchup had over 100,000 impressions! We appreciate everyone that participated!
DeFiChain - $DFI
Our 2021 March Madness Crypto Champion is DeFiChain, a blockchain dedicated to fast, intelligent and transparent financial services, accessible by everyone. Here’s an opportunity to learn more about DeFiChain.
IOTA - $IOTA
Our 2021 March Madness Crypto runner-up is IOTA, the first distributed ledger built for the “Internet of Everything” - a network for exchanging value and data between humans and machines. You can learn more about IOTA here.
Topps Trading Cards - $MUDS
Topps trading cards have been around forever. What started as baseball packs with gum is now going public via a merger with Special Purpose Acquisition Company Mudrick Capital. Former CEO of Disney, Michael D. Eisner will become chairman and based on his track record, we wouldn’t bet against him. Is an MLB version of NBA Top Shot via #NFT collectibles a realistic evolution of baseball packs with gum? Seems more likely than not, MLB ToppSHOT is coming.
Trading Card Brand Topps Will Go Public Via SPAC - Seeking Alpha
Cryptos
After breaking $100 billion TVL, DeFi is now the equivalent of a top 40 U.S. bank - Cointelegraph
Ethereum could go to $10K in 2021 & outperform Bitcoin - Cointelegraph
Stocks
Stock Market could soar 40% as bull market enters 3rd inning, Wharton professor Jeremy Siegel says - Business Insider
Elon Musk asked Cathie Wood about the Buffett indicator flashing red. The Ark Invest chief explained why she isn't worried - Business Insider
investrly X Public 💜
We’re proud to continue our partnership with Public.com, a social brokerage platform offering a whole new way to invest early. We’ve grown to over 6,500 strong followers investing early. Let’s keep it going together. Click here to join Public & buy shares of Coinbase when it debuts on Wednesday.
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