Before going public, Coinbase will release its Q1 2021 earnings report on April 6th, a first for the company. Coinbase (COIN) has announced the date of its IPO. $60,000 may soon go the way of $20,000, filbfilb believes, but a potential sell-off around the Coinbase IPO means April could yet spark problems for bulls. The shares have been trading hands at prices ranging from $200 to $375.01, according to the filing, per Bloomberg. Based on the price of shares currently changing hands on the NASDAQ Private Market, experts estimate the company may be worth nearly $90 billion as … Despite the huge cryptocurrency selloff in early March 2020 that coincided with a massive market crash over COVID-19 fears, the cryptocurrency market rebounded in the following months, leading to significant gains by the end of the year. Moreover, Coinbase’s valuation jumped to more than $100 billion ahead of the IPO. 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The bull run is far from over, with more money pouring in, as analysts and speculators expect this to last a while longer — bitcoin was trading at around $59,500 per coin at the time of this writing. Prices for the shares are predicted to fall between $300 and $350, valuing the trading platform at about $100 billion. U.S. Securities and Exchange Commission (SEC) declared the company’s registration statement effective as … Coinbase announced a few weeks ago that it earned $322 million in 2020 on revenues of more than $1.2 billion, as part of mandatory S-1 regulatory filing ahead of the IPO. According to Frank Chaparro, a well-sourced crypto reporter with The Block, shares on that market have been selling in the range of $200 and result of a valuation of around $50 billion. : Get the latest Coinbase stock price and detailed information including news, historical charts and realtime prices. A bitcoin coin concept in front of a screen showing a market price chart. The company's share price is determined by orders coming into the stock exchange. This current trading price gives Coinbase a valuation ... “The third weekly transaction closed on Friday and the clearing price was $303 a share,” said a source. Chris Smith started writing about gadgets as a hobby, and before he knew it he was sharing his views on tech stuff with readers around the world. Goldman Sachs Reportedly Picked to Lead Coinbase IPO This strongly suggests the cryptocurrency market operator is leaning toward a traditional issue rather than a direct sale. The sentiment in the market represents the main difference between the two years. Coinbase’s announcement comes at the end of the biggest year ever for initial public offerings on U.S. exchanges. Crazy Amazon coupon gets you best-selling Wi-Fi smart plugs for just $2.10 each! But that's not necessarily a bad thing. Moreover, Coinbase will not issue any new shares. The company goes public in under two weeks! 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