Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ADOPTION NEWS»Coinbase has surpassed $250 for its direct listing for the first time in two years.
ADOPTION NEWS

Coinbase has surpassed $250 for its direct listing for the first time in two years.

By Crypto FlexsMarch 8, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Coinbase has surpassed 0 for its direct listing for the first time in two years.
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

Coinbase stock entered near-forgotten territory on Friday as the stock price exceeded the company’s initial direct listing price of $250.

It has been about two years since stock prices on the exchange traded at such a high level.

Coinbase’s outlook has improved along with the cryptocurrency market. As the price of cryptocurrencies, especially Bitcoin, has risen over the past year, stock prices on US exchanges have also risen. Coinbase’s stock price is currently up more than 350% compared to $53.44 a year ago, according to Yahoo Finance.

At one point on Friday, Coinbase was trading as high as $269.65, according to Yahoo Finance.

While rising Bitcoin prices are likely the main reason for the rise in the value of Coinbase’s stock, Coinbase may also benefit from acting as custodian for most of the U.S. spot Bitcoin ETFs currently traded. Recently launched products have generated over $100 billion in trading volume.

Coinbase still has a long way to go before it gets close to all-time highs. The company’s stock price hit its all-time high in November 2021, hitting $342.98, according to Yahoo Finance.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

RT Watson is a senior reporter at The Block, covering a variety of topics including US-based companies, blockchain games, NFTs, and more. He previously covered entertainment for The Wall Street Journal, writing about Disney, Netflix, Warner Bros. and the creator economy, focusing primarily on technological disruption across media. Previously, she covered corporate, economic and political news in Brazil at Bloomberg. She interviewed a variety of figures for RT, including CEOs, media moguls, top influencers, politicians, blue-collar workers, drug traffickers, and convicted criminals. She holds a Master’s degree in Digital Sociology.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

Vaneck launches GPZ ETF for alternative asset managers.

June 7, 2025
Add A Comment

Comments are closed.

Recent Posts

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025

Trump memoin is faced with a $ 520m lock in July and the price drops by 85%.

June 7, 2025

Vaneck launches GPZ ETF for alternative asset managers.

June 7, 2025

Apple, X, Airbnb Eye Stablecoin Integration

June 7, 2025

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025

Hash research CEO is appointed chief policy officer at the presidential office

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025
Most Popular

What is arbitrage (ARB)? – Bitfinex Blog

March 31, 2024

XRP Price Sets Stage for More Profits: Bulls Maintain Momentum

January 22, 2025

The 30% increase in AERGO stuns the market. But will those who benefit ruin the party?

May 3, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.