• About Us
  • Terms & Conditions
  • Contact Us
Saturday, April 1, 2023
Investogist
No Result
View All Result
  • Home
  • News
    • All
    • Africa
    • Nigeria
    • World
    Spain needs over 60,000 additional workers in Hospitality Industry, where to find the jobs

    Spain needs over 60,000 additional workers in Hospitality Industry, where to find the jobs

    2023: Labour Party eyes N80,000-N100,000 minimum wage

    Labour Party dismisses suspension of National Chairman Abure

    Trump congratulates Nigeria for Banning Twitter, says more countries should do same

    Donald Trump indicted over hush money payment, what it means

    FG advises Nigerians to be guided by UAE new visa regime

    FG launches passport production facility in Osun

    NGX RegCo approves Livingtrust Mortgage Bank’s free float compliance plan

    Turkey becomes last NATO nation to ratify Finland membership

    Peter Obi is an emerging force that can’t be wished away by anyone – Okezie Ikpeazu

    2023 Election: I predicted the Peter Obi effect – Okezie Ikpeazu

    Why PDP didn’t follow Wike’s option — Atiku’s spokesperson

    PDP reverses suspension of Fayose, Anyim, others

    Election postponement to affect start of 2023 Census – NPC

    2023 census: No question will be asked on religion – NPC

    Actor Yul Edochie loses first son

    Actor Yul Edochie loses first son

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    Nigeria’s total debt rose to N46.25 trillion in 2022, 84.73% of bilateral debt owed to China

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    CBN raises interest rate for the 6th consecutive time

    Russia Economy contracts by 2.1% in 2022, far below western predictions

    Russia Economy contracts by 2.1% in 2022, far below western predictions

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    FG explains why Nigeria’s total debt will rise to N77 trillion by the end of May 2023

    U.S unemployment fell to a five-decade low

    U.S unemployment fell to a five-decade low

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    Nigeria’s total debt rise above N44 trillion – DMO

    FG approves 39 licences for fish importation

    Q3 2022: Nigeria’s total trade stood at N11.6 trn, total export falls nearly 20% QoQ

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    JUST IN: CBN limits weekly cash withdrawal to N100k

    Law to legalize crypto as a payment method passed in Brazil

    Law to legalize crypto as a payment method passed in Brazil

    • Policies
    • Budgets
    • Economic Data
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    UBA suffers maximum possible loss on NSE as investors dump the stocks

    UBA announces N0.90 final dividend for 2022 financial year

    CEO of Ecobank Group to retire, new CEO announced

    Ecobank to pay dividend of 0.11 US cents for 2022 Financial Year

    MTN Nigeria to pay over N200 billion final dividend for 2022

    CAP Plc announces N1.55 final dividend for 2022 FY

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2023, qualification and payment dates

    AGM suspension: Oando’s shareholder wins court case against SEC

    JUST IN: OANDO Plc to delist from Nigerian Exchange, Johannesburg Stock Exchange

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI Increased By 90bps, as Dangote Cement gains 5.07%

    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    The NGX- ASI declined by 1.16% as Dangote Cement falls 4.17%

    List of Stockbrokers in Nigeria

    List of Stockbrokers in Nigeria

    MTN Nigeria to pay over N200 billion final dividend for 2022

    Custodian Investments Plc announces 55 kobo final dividend for 2022 FY

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    UAC of Nigeria Plc declares 22 kobo Dividend for 2022 FY

    UAC of Nigeria Plc declares 22 kobo Dividend for 2022 FY

    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

    Zenith Bank Plc reports N223.91 billion profit after tax for 2022 FY

    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

    Zenith Bank Plc announces N91 billion final dividend for 2022 FY

    Board of Fidson Healthcare Plc approve 55 kobo Dividend

    Board of Fidson Healthcare Plc approve 55 kobo Dividend

    N1.17 dividend approved by Beta Glass Plc Board of Directors for 2022 FY

    N1.17 dividend approved by Beta Glass Plc Board of Directors for 2022 FY

    May & Baker Nigeria Plc announces 30 kobo dividend for 2022 FY

    May & Baker Nigeria Plc announces 30 kobo dividend for 2022 FY

    FG agrees to pay $496 million as settlement claim for Ajaokuta Steel, others

    Seplat Energy Plc takes legal action against Orjiako

    Credit Suisse shares plunged on Monday after acquisition by rival UBS

    Credit Suisse shares plunged on Monday after acquisition by rival UBS

    Approval given for acquisition of International Energy Insurance Plc

    UBS agrees to buy troubled 167 years old rival, Credit Suisse

    • Companies
    • Industry
    • Technology
  • Sports
    • Football
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    North-West, South-West lead as INEC registers 96.2 million, Rivers overtakes Katsina

    ELECTION: How to check your polling unit, code online

    4 things to consider before buying a laptop

    4 things to consider before buying a laptop

    How to move to Canada by starting a business – Part 1

    How to move to Canada by starting a business – Part 2

    How to move to Canada by starting a business – Part 1

    How to move to Canada by starting a business – Part 1

    Building a Successful Business Organization: Lessons from the Bible

    Building a Successful Business Organization: Lessons from the Bible

    2023 Bible Lessons on Setting your Financial/Investment Goals

    2023 Bible Lessons on Setting your Financial/Investment Goals

    Fact check: Is the Investment Peter Obi made for Anambra State worth next to nothing?

    Fact check: Is the Investment Peter Obi made for Anambra State worth next to nothing?

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Financial Education
  • Vacancies
  • Home
  • News
    • All
    • Africa
    • Nigeria
    • World
    Spain needs over 60,000 additional workers in Hospitality Industry, where to find the jobs

    Spain needs over 60,000 additional workers in Hospitality Industry, where to find the jobs

    2023: Labour Party eyes N80,000-N100,000 minimum wage

    Labour Party dismisses suspension of National Chairman Abure

    Trump congratulates Nigeria for Banning Twitter, says more countries should do same

    Donald Trump indicted over hush money payment, what it means

    FG advises Nigerians to be guided by UAE new visa regime

    FG launches passport production facility in Osun

    NGX RegCo approves Livingtrust Mortgage Bank’s free float compliance plan

    Turkey becomes last NATO nation to ratify Finland membership

    Peter Obi is an emerging force that can’t be wished away by anyone – Okezie Ikpeazu

    2023 Election: I predicted the Peter Obi effect – Okezie Ikpeazu

    Why PDP didn’t follow Wike’s option — Atiku’s spokesperson

    PDP reverses suspension of Fayose, Anyim, others

    Election postponement to affect start of 2023 Census – NPC

    2023 census: No question will be asked on religion – NPC

    Actor Yul Edochie loses first son

    Actor Yul Edochie loses first son

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    Nigeria’s total debt rose to N46.25 trillion in 2022, 84.73% of bilateral debt owed to China

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    CBN raises interest rate for the 6th consecutive time

    Russia Economy contracts by 2.1% in 2022, far below western predictions

    Russia Economy contracts by 2.1% in 2022, far below western predictions

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    FG explains why Nigeria’s total debt will rise to N77 trillion by the end of May 2023

    U.S unemployment fell to a five-decade low

    U.S unemployment fell to a five-decade low

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    Nigeria’s total debt rise above N44 trillion – DMO

    FG approves 39 licences for fish importation

    Q3 2022: Nigeria’s total trade stood at N11.6 trn, total export falls nearly 20% QoQ

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    JUST IN: CBN limits weekly cash withdrawal to N100k

    Law to legalize crypto as a payment method passed in Brazil

    Law to legalize crypto as a payment method passed in Brazil

    • Policies
    • Budgets
    • Economic Data
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    UBA suffers maximum possible loss on NSE as investors dump the stocks

    UBA announces N0.90 final dividend for 2022 financial year

    CEO of Ecobank Group to retire, new CEO announced

    Ecobank to pay dividend of 0.11 US cents for 2022 Financial Year

    MTN Nigeria to pay over N200 billion final dividend for 2022

    CAP Plc announces N1.55 final dividend for 2022 FY

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2023, qualification and payment dates

    AGM suspension: Oando’s shareholder wins court case against SEC

    JUST IN: OANDO Plc to delist from Nigerian Exchange, Johannesburg Stock Exchange

    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    The NGX- ASI Increased By 90bps, as Dangote Cement gains 5.07%

    Lasaco Assurance Plc suffers maximum possible loss on NSE as suspension is lifted

    The NGX- ASI declined by 1.16% as Dangote Cement falls 4.17%

    List of Stockbrokers in Nigeria

    List of Stockbrokers in Nigeria

    MTN Nigeria to pay over N200 billion final dividend for 2022

    Custodian Investments Plc announces 55 kobo final dividend for 2022 FY

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    UAC of Nigeria Plc declares 22 kobo Dividend for 2022 FY

    UAC of Nigeria Plc declares 22 kobo Dividend for 2022 FY

    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

    Zenith Bank Plc reports N223.91 billion profit after tax for 2022 FY

    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

    Zenith Bank Plc announces N91 billion final dividend for 2022 FY

    Board of Fidson Healthcare Plc approve 55 kobo Dividend

    Board of Fidson Healthcare Plc approve 55 kobo Dividend

    N1.17 dividend approved by Beta Glass Plc Board of Directors for 2022 FY

    N1.17 dividend approved by Beta Glass Plc Board of Directors for 2022 FY

    May & Baker Nigeria Plc announces 30 kobo dividend for 2022 FY

    May & Baker Nigeria Plc announces 30 kobo dividend for 2022 FY

    FG agrees to pay $496 million as settlement claim for Ajaokuta Steel, others

    Seplat Energy Plc takes legal action against Orjiako

    Credit Suisse shares plunged on Monday after acquisition by rival UBS

    Credit Suisse shares plunged on Monday after acquisition by rival UBS

    Approval given for acquisition of International Energy Insurance Plc

    UBS agrees to buy troubled 167 years old rival, Credit Suisse

    • Companies
    • Industry
    • Technology
  • Sports
    • Football
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    North-West, South-West lead as INEC registers 96.2 million, Rivers overtakes Katsina

    ELECTION: How to check your polling unit, code online

    4 things to consider before buying a laptop

    4 things to consider before buying a laptop

    How to move to Canada by starting a business – Part 1

    How to move to Canada by starting a business – Part 2

    How to move to Canada by starting a business – Part 1

    How to move to Canada by starting a business – Part 1

    Building a Successful Business Organization: Lessons from the Bible

    Building a Successful Business Organization: Lessons from the Bible

    2023 Bible Lessons on Setting your Financial/Investment Goals

    2023 Bible Lessons on Setting your Financial/Investment Goals

    Fact check: Is the Investment Peter Obi made for Anambra State worth next to nothing?

    Fact check: Is the Investment Peter Obi made for Anambra State worth next to nothing?

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Financial Education
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home Markets Cryptocurrencies

8 expert predictions ahead of Coinbase’s anticipated IPO this week

Sunday, 11 April 2021, 7:17 am
in Cryptocurrencies, Markets
0
Bitcoin fell below $32,000 on ‘double-spend’ report and possible ‘curtail’ by U.S lawmakers
Share Share Share Share Send as Email

A long-awaited public offering of Coinbase Global Inc. is just days away. The listing has been seen by crypto enthusiasts as a milestone for digital assets after the cryptocurrency trading platform filed paperwork with the U.S Securities and Exchange Commission.

Coinbase, a Silicon Valley crypto exchange co-founded in 2012 by Brian Armstrong, 38, plans to debut on Nasdaq Inc. exchange on 14th April under the ticker symbol “COIN”, with the aim of employing a nontraditional direct listing to take itself public.

DA Davidson analyst Gil Luria increased his price target for Coinbase by 125% to $440 from $195 following the mind-blowing earnings announced by Coinbase for the first quarter of 2021.

The crypto trading giant reported $1.8 billion revenue in Q1 2021, smashing through the $1.3 billion revenue it posted in all of 2020.

Read also: China slams Alibaba record $2.8 bn fine in anti-monoploy probe

Coinbase said that it currently has “approximately 43 million retail users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries.”

The company explained that it is offering “Class A common stock for sale via a direct listing,” which means “any person or business with a brokerage account” can place an order for the shares in the opening order book.

Here’s what eight crypto-industry experts had to say about Coinbase’s public debut according to Business Insider:

“The direct listing of Coinbase is a huge market signal, however, we’re yet to see whether the long-term effect on the crypto industry will be positive or negative … We are big fans of what Coinbase has done to date, but we worry about the centralizing effects of the concentration of users on a single platform, negating the true benefits of decentralization.” – Alberto Jauregui, growth lead of Pocket Network, a blockchain data ecosystem

“The Coinbase listing is a huge step for the digital asset industry from both a mainstream adoption and regulatory point of view, signifying the acceptance of cryptocurrency business in traditional finance. Other exchanges following in Coinbase’s footsteps are entirely based on their readiness to go public. This will pave the way for Coinbase’s competitors to join the IPO movement. Kraken will most likely be next.” – Gunnar Jaerv, COO of First Digital Trust, a leading digital asset custodian in Hong Kong

“The success of Coinbase and its direct listing will bring on the next wave of new users to cryptocurrencies by continuing to solve the challenges of owning, storing, and providing custody to digital assets. This public listing will also have an enormous impact on the entire digital asset industry by opening the gate to further Wall Street and institutional investment and confirming that the future of finance is decentralized.” – Leo Cheng, co-founder and project lead at C.R.E.A.M. Finance, a decentralized lending protocol

“Going public is stepping into the big leagues. Crypto is becoming part of the traditional finance sector … This level of adoption seemed like a dream scenario just a year ago. A lot of users still keep funds on Coinbase and look at it as merely a trading platform. But more are beginning to wake up and understand that Coinbase is an important gateway to getting started in the crypto sector.” – Kadan Stadelmann, CTO of Komodo, an open-source technology workshop and blockchain solutions provider

“When we entered into the market three years ago it was a new and novel industry, everyone had to wrap their heads around what we were doing as a business, the terminology we were using, and the potential value a bitcoin mining operation could hold. People saw us as a speculative gamble. This year we are seeing people move beyond that. Crypto is not a novel thing anymore, but the hot new asset class for equities.” – Emiliano Grodzki, CEO of Bitfarms, a global public bitcoin mining operation

“The growth and expansion of cryptocurrencies had always been at odds with the interests of traditional financial systems … The Coinbase direct listing unites these two sides of finance in the success of this licensed and regulated company. Traditional investors who purchase Coinbase stock will indirectly speculate on the crypto market and similarly, crypto traders who own Coinbase stocks will have a vested interest in the success of the company.” – James Anderson, CEO of RioDeFi, an ecosystem of interoperable financial products

“The Coinbase direct listing is going to further build credibility and legitimacy for the cryptocurrency markets, which have already received huge institutional interest and flows since the start of 2021. But once the celebrations settle and the mainstream awareness of the cryptocurrency markets grow, eyes will turn to the alternative burgeoning decentralized financial (DeFi) industry and structures like DAOs (decentralized autonomous organizations) will become common knowledge.” – Samantha Yap Founder and CEO at YAP Global, a PR agency specializing in crypto, blockchain, and fintech.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

Related Posts:

  • Nigerian Stock Exchange: Week ended 21.08.2020 review and Stock Pick for the week ahead
    Nigerian Stock Exchange: Week ended 21.08.2020 review and…
  • Nigerian Stock Exchange: Week ended 28.08.2020 review and Stock Pick for the week ahead
    Nigerian Stock Exchange: Week ended 28.08.2020 review and…
  • Market review: U.S Equity, Oil and the week ahead
    Market review: U.S Equity, Oil and the week ahead
  • Forex Forecast for the Week Ahead 4th-7th May 2020: Using Technical Analysis.
    Forex Forecast for the Week Ahead 4th-7th May 2020: Using…
Previous Post

ICRC Approves Development of Jabi Lake Tourism and Recreational Project

Next Post

Nigeria’s All-Commodity Group Index import rises as export declines

Next Post
FG approves 39 licences for fish importation

Nigeria's All-Commodity Group Index import rises as export declines

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2023, qualification and payment dates

UBA suffers maximum possible loss on NSE as investors dump the stocks

UBA announces N0.90 final dividend for 2022 financial year

Peter Obi is an emerging force that can’t be wished away by anyone – Okezie Ikpeazu

2023 Election: I predicted the Peter Obi effect – Okezie Ikpeazu

Custodian Investments Plc announces 10 kobo interim dividend for H1 2022

List of Dividends announced in 2022, qualification and payment dates

Spain needs over 60,000 additional workers in Hospitality Industry, where to find the jobs

Spain needs over 60,000 additional workers in Hospitality Industry, where to find the jobs

2023: Labour Party eyes N80,000-N100,000 minimum wage

Labour Party dismisses suspension of National Chairman Abure

UAC of Nigeria Plc declares 22 kobo Dividend for 2022 FY

UAC of Nigeria Plc declares 22 kobo Dividend for 2022 FY

Trump congratulates Nigeria for Banning Twitter, says more countries should do same

Donald Trump indicted over hush money payment, what it means

Investogist
info@investogist.com

Follow us

Categories

  • Africa
  • Agriculture
  • Arts & Culture
  • Budgets
  • Business
  • Columnists
  • Commodities
  • Companies
  • Cryptocurrencies
  • Economic Data
  • Economy
  • Editorials
  • Financial Education
  • Football
  • Forex
  • Industry
  • Investogist Business Saturday
  • Job Opportunities
  • Markets
  • Nature
  • News
  • Nigeria
  • Op-ed
  • Opinion & Analysis
  • Places & People
  • Policies
  • Rates & Bonds
  • Sports
  • Stocks/Equities
  • Technology
  • Travel & Tours
  • Vacancies
  • World

Quick Links

  • News
  • Economy
  • Markets
  • Business
  • Opinion & Analysis
  • Travel & Tours

Newsletter

Copyright © 2023 investogist.com, All Rights Reserved

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us
No Result
View All Result
  • Home
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Business
    • Companies
    • Industry
    • Technology
  • Sports
    • Football
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Financial Education
  • Vacancies

Copyright © 2023 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist