Tesla Inc – Crypto Market Insights: Dive In with CryptoUpdate.io https://cryptoupdate.io Latest cryptocurrency news, market updates and analysis Fri, 16 Apr 2021 06:11:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 New trading pairs available, and other Binance news https://cryptoupdate.io/2021/04/16/new-trading-pairs-available-and-other-binance-news/ https://cryptoupdate.io/2021/04/16/new-trading-pairs-available-and-other-binance-news/#respond Fri, 16 Apr 2021 06:11:13 +0000 https://cryptoupdate.io/?p=356 Per the most recent announcement on the website of Binance, the exchange will make new cryptocurrency trading pairs available today, April 16. Clients can access trading pairs BTG/BUSD, BTG/USDT, and HOT/BUSD on Binance starting from 7:00 a.m. (UTC). In other updates from the crypto exchange, Binance has recently introduced Stock Tokens. With these tokens, users […]

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]]> Per the most recent announcement on the website of Binance, the exchange will make new cryptocurrency trading pairs available today, April 16. Clients can access trading pairs BTG/BUSD, BTG/USDT, and HOT/BUSD on Binance starting from 7:00 a.m. (UTC).

In other updates from the crypto exchange, Binance has recently introduced Stock Tokens. With these tokens, users can trade fractional stocks. By the time of writing, it listed and opened trading for Tesla Inc. (TSLA) and Coinbase (COIN) Stock Tokens.

The CEO of Binance Changpeng Zhao has revealed that Binance’s plan for this year is to work on launching the Binance Card as soon as possible. In particular, the card will allow P2P crypto transactions and payments to merchants with cryptocurrency.

Binance Coin (BNB) has posted massive gains this year. Starting with the price of about $37.7 on January 1, the token grew to an all-time high of $637.44 on April 12, per Coin Market Cap data. It now ranks third among cryptocurrencies, with a market cap of over $79.6 billion. The token is now down over 6% from yesterday, trading at about $514 at the time of writing.

Analyst Nicholas Merten attributes the BNB rally to the delay in the Ethereum upgrade that made some traders migrate to Binance Smart Chain for altcoin trading.

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]]> https://cryptoupdate.io/2021/04/16/new-trading-pairs-available-and-other-binance-news/feed/ 0 Coinbase public debut and stock token listing on Binance https://cryptoupdate.io/2021/04/14/coinbase-public-debut-and-stock-token-listing-on-binance/ https://cryptoupdate.io/2021/04/14/coinbase-public-debut-and-stock-token-listing-on-binance/#respond Wed, 14 Apr 2021 08:16:55 +0000 https://cryptoupdate.io/?p=343 Coinbase is set for a direct listing on the Nasdaq stock exchange today, April 14. According to CNBC, if the company debuts with a valuation of $100 billion, its latest private market valuation, it would be on the list of the 85 most valuable firms in the U.S. The crypto exchange recently revealed its financial […]

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]]> Coinbase is set for a direct listing on the Nasdaq stock exchange today, April 14. According to CNBC, if the company debuts with a valuation of $100 billion, its latest private market valuation, it would be on the list of the 85 most valuable firms in the U.S.

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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