Coinbase’s $100 billion milestone sparks trillion-dollar company speculation
Market analysts caution Coinbase's valuation, despite its pivotal role in crypto-finance integration.
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Coinbase has hit a historic $100 billion market cap, fueled by Bitcoin's new record highs and growing institutional interest, sparking speculation it could join the trillion-dollar club despite some analyst skepticism. Meanwhile, Vanguard's passive index funds have made it the largest shareholder of Strategy formerly MicroStrategy, highlighting Wall Street's complex relationship with crypto. Ethereum ETFs keep gaining momentum too, surpassing $5 billion in net inflows as BlackRock's ETHA posts its sixth-largest weekly investment, underscoring the steady rise of institutional demand in digital assets. Get the latest updates in today's crypto news.
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The global crypto market cap is $3.66 trillion, with a 24-hour volume of $195.57 billion. The price of Bitcoin is $116,261.96, and BTC market dominance is 63.3%. The price of Ethereum is $2,995.00, and ETH market dominance is 9.9%. The best-performing sector is Gambling, which gained 9%. The Crypto Fear & Greed Index is currently Greed (73).
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Coinbase’s $100 billion milestone sparks trillion-dollar company speculation
Market analysts caution Coinbase's valuation, despite its pivotal role in crypto-finance integration.
Vanguard becomes top MSTR holder via passive index fund despite snubbing Bitcoin and crypto
Despite critiquing Bitcoin as speculative, Vanguard's passive index strategy inadvertently positions it as Strategy's largest shareholder.
Ethereum ETFs surpass $5 billion in net flows, BlackRock’s ETHA record 6th highest inflow week
Ethereum ETFs took 12 trading days to capture over $1 billion in inflows, beating the previous billion mark by three trading sessions.
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