The crypto exchange recently revealed its financial results for the first quarter of 2021. Coinbase reported a massive estimated revenue of around $1.8 billion and a trading volume of $335 billion.  

According to the announcement from Binance, Coinbase Stock Token (COIN) will be listed on the world’s largest crypto exchange today, April 14. Users of the platform will be able to access trading pair COIN/BUSD and trade fractional Coinbase stock. Binance previously listed Tesla Inc. (TSLA) Stock Token.

Ahead of today’s Coinbase listing, Bitcoin’s price has increased on Tuesday to reach an all-time high of over $63,000. This brought its year-to-date price increase to over 110%, according to Business Insider. It could be the enthusiasm around the upcoming public debut of Coinbase or another factor. Yet, Bitcoin’s price continues upwards today. Its market cap is over $1.2 trillion, per Coin Market Cap data. Moreover, it is trading at around $64,600 at the time of writing.

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Following the announcement from Tesla on Wednesday that the company now accepts payments for its products in BTC, Bitcoin was trading at around $57,000. In particular, the announcement brought BTC price up by nearly 5% on Wednesday. However, Bitcoin did not manage to keep the price at that level for long, dipping below $51,000 on Thursday. Moreover, there are analysts who predict a possibility of a pullback to $44,000, according to Mint.

After Bitcoin’s fall on Thursday, investors took to Twitter to make their price predictions. Some tweets suggest that the price could drop further, then get back up in April, or that a bigger price correction could be expected when regulatory frameworks are developed for the crypto sector, Investorplace.com reports.

Per CoinMarketCap.com data, Bitcoin has gained over 1% in the past 24 hours. It is trading at around $53,700 at the time of writing.

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According to the source, the automaker will retain Bitcoin without converting it to fiat money. Tesla announced the plan to introduce BTC as a payment method earlier this year. In February, the company purchased Bitcoin worth $1.5 billion.

Other large companies besides Tesla accept payments for their products and services in Bitcoin. This includes Microsoft, streaming platform Twitch, online travel booking website Expedia, luxury hotel chain The Kessler Collection, beauty retailer Lush, and a number of others.

As per CoinMarketCap’s current data, Bitcoin is up by 3.88% in the past 24 hours. It is trading at around $57,000 at the time of writing.

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EIP 1559 upgrade will cut down the supply of Ethereum tokens by destroying outstanding ETH each time users make a transaction on the network. Cryptocurrency experts expect that limiting Ether’s maximum supply will drive the price of the token higher, according to the source.

Ethereum is a network that has many other applications besides cryptocurrency. For example, these include DeFi, non-fungible tokens (NFTs), smart contracts, decentralized apps, and decentralized autonomous organizations (DAOs).

Recent large investments in Ether showed the interest of institutions in the altcoin market. Grayscale Investments purchased 243,519 ETH in February, along with buying other coins such as Litecoin and Stellar Lumens. Moreover, a Chinese AI-driven beauty app maker Meitu invested $22.1 million into ETH last week.

The total supply of Ether is infinite, and its total circulating supply is over 114.97 million tokens. Ether’s market cap is around $210 billion at the moment of writing, according to CoinMarketCap.com data.

ETH price is up over 8% in the past 24 hours and over 149% above its closing price on the last day of 2020. At the time of writing, the token is trading at around $1,814.

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