Bitcoin
BTC$68 622.46

1.24%

Ethereum
ETH$3 765.75

-0.28%

Tether
USDT$0.999559

0.04%

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BNB$596.61

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Bitcoin hits new all-time high above $63000 ahead of Coinbase debut


14 Apr 2021

#Bitcoin

Bitcoin surged to a fresh record high of more than $63,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange Coinbase. The price of bitcoin climbed as high as $63,236, according to data from Coin Metrics, before easing slightly to around $62,877. It was last up about 5% in the last 24 hours. Ether, the second-most valuable digital coin after bitcoin, also set a fresh record, climbing to $2,230.

Coinbase is set to go public on Wednesday through a direct listing that could value the company at as much as $100 billion — more than major trading venue operators like Intercontinental Exchange, owner of the New York Stock Exchange. Crypto investors are hailing the company’s stock market debut as a major milestone for the industry after years of skepticism from Wall Street and regulators.

“This is really good and really important for the industry,” Marcus Swanepoel, CEO and co-founder of London-based cryptocurrency platform Luno, told CNBC. “It’s going to increase the trust and transparency in our industry.” “There’s still a bit of distrust in the industry and I think having a company of that size be public is going to help a lot of people realize that this is not just an asset class to take seriously but also a business to take seriously.”

Coinbase, founded in 2012, is the largest cryptocurrency exchange in the United States. It’s seen surging revenues this year thanks to a climb in the value of bitcoin and other cryptocurrencies. The company reported estimated revenues of $1.8 billion in the first quarter of 2021, a nine-fold increase from the same period a year earlier, while profits grew to between $730 million and $800 million.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 73.2% 50 $68 622.46 1.24% 0.74% $1 352 244 970 263 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 62.8% 83 $3 765.75 -0.28% 0.15% $452 415 883 627 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 90.8% 1 $0.999559 0.04% 0.01% $111 914 379 929 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 92.8% 6 $596.61 -0.17% 0.68% $88 050 989 954 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 62.8% 76 $168.10 -0.68% -1.47% $77 263 137 184 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000023 0.01% 0.01% $32 197 734 673 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 90% 6 $0.523086 -1.19% -0.39% $28 994 915 330 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 74% 57 $0.161771 -1.91% 2.26% $23 376 533 651 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 85.6% 20 $0.448107 -2.40% -3.96% $15 996 646 457 ADA 7 days price change
10 SHIBA INU (SHIB) SHIB SHIBA INU predictions 79.6% 43 $0.000027 -1.69% 10.35% $15 773 784 154 SHIB 7 days price change
11 Toncoin (TON) TON Toncoin predictions 69.2% 56 $6.49 -0.24% 3.37% $15 645 142 151 TON 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 70.4% 52 $36.44 -1.24% -3.98% $14 319 830 046 AVAX 7 days price change
13 Chainlink (LINK) LINK Chainlink predictions 61.6% 88 $18.18 -4.37% 14.40% $10 675 478 321 LINK 7 days price change
14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 72.4% 50 $68 369.76 0.98% 0.71% $10 629 206 030 WBTC 7 days price change
15 Lido stETH (STETH) STETH Lido stETH predictions 94% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change

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