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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: sense who wrote (170249)	4/6/2021 7:18:52 PM
From: TobagoJack	Read Replies (1) \| Respond to of 217561

I have been over-indulging in everything crypto, and yesterday, one of the show realvision.com (behind paywall) is about Abra crypto bank abra.com the guy behind Abra made two points that made an impression, (1) Abra is taking the long route, to do everything by the book as far as KYC and SEC and banking and securities licensing and and and are concerned (2) Everything can be tokenised, including listed securities, and then traded like any token would be, but by properly allowed platforms, but 24/7/365 if so, and certainly sounds reasonable, then Springstreet Brewing sort of companies might well list as any token would - the prairie fire started to burn and the weeds have no defence

To: sense who wrote (170249)	4/9/2021 7:46:07 PM
From: TobagoJack	Respond to of 217561

Re <<crypto>> What should we think about an exchange that trades codes? (1) its private market valuation seems high (2) forbes.com (3) must have a smidgeon ? or reallocate from BTC (4) in case COIN starts soonest the inevitable tokenisation of shares and bonds listed on any and all exchanges, in which case a war starts, but the traders on COIN w/ crypto dollars might be flusher than the traders on the other exchanges with equity & bond dollars but not entirely free to buy the tokenised versions of the same underlying shares and bonds, or will it be the other way around? (5) First up COIN can tee-up real gold, hydrogen-economy tokens Pt and Pd, and silver to be tokenised in cooperation w/ metal warehouses and play against the metal trading platforms, and enable 24/7/365 trading of metals and quickly swallow the commodity exchanges bloomberg.com Whipsawed Bitcoin Investors Eye Coinbase as Steadier Crypto Bet Brandon Kochkodin 10 April 2021, 02:44 GMT+8 For many investors, Coinbase Global Inc.’s trading debut next week will be an entry into the $2 trillion cryptocurrency market. And for those who have already gorged on Bitcoin, the arrival of the largest U.S. cryptocurrency exchange on the Nasdaq Stock Market could be what is needed to settle portfolios roiled by the asset class’s notorious volatility. There are other stocks already tied to the bits and bytes of the various blockchains. Elon Musk’s Tesla Inc. and Michael Saylor’s MicroStrategy Inc. have both notably added billions worth of Bitcoin to their treasuries. But with Coinbase’s public listing, investors will have the choice of an equity tied to cryptocurrencies that is -- so the hope goes -- less likely to suffer persistent cycles of boom and bust. What to know in techGet insights from reporters around the world in the Fully Charged newsletter. “For a crypto investor that also buys stocks, it has the ability to diversify risks as there is a very profitable exchange platform that trades on another venue (stock exchange) whose flows of buyers and sellers can be less correlated than many crypto prices,” wrote Greg Foss, a veteran credit trader, Bitcoin investor and chief financial officer for Validus Power Corp., in an email reply to questions. Coinbase is planning to go public through a direct listing in which it will not raise any new capital, it said in an S-1 filing. The direct listing allows current shareholders to trade their shares without a lock-up period that is typical in an initial public offering. It was valued at about $90 billion in its final week of trading on Nasdaq’s private market, Bloomberg News reported. Still, because volume and price tend to go hand-in-hand, Coinbase’s transaction revenue, its largest segment, could remain susceptible to cryptocurrency market gyrations. “In a traditional stock portfolio it gives exposure to an exchange platform that generates trading fees on crypto,” wrote Foss. “Those fees increase with volumes and volumes typically increase with prices, so there is a beta trade there.” Coinbase said Tuesday that it expects to report a first-quarter profit of $730 million to $800 million, more than double what it earned in all of 2020. The bumper quarter for the exchange comes amid surging cryptocurrency prices. The Bloomberg Galaxy Crypto Index, tracking Bitcoin, Ether and six other cryptocurrencies advanced by more than 100% in each of the last two quarters. Coinbase market capitalization projections against publicly traded exchanges Coinbase may have further appeal for investors. The exchange could provide an accessible diversified investment into the space, where there’s a proliferation of cryptocurrency tokens and few passive vehicles to spread bets around, according to Gil Luria, head of institutional research at D.A. Davidson & Co. “Coinbase will win regardless of which crypto asset emerges as a winner, and their revenue is tied more to trading volumes, which are often less volatile than asset values,” Luria wrote in an email. But investors looking to add some stability to their cryptocurrency portfolios may want to exercise patience. Kevin Kelly, global head of macro strategy at research firm Delphi Digital, warns that those seeking a lower volatility investment might want to sit out Coinbase’s first week of trading. “I expect to see a lot of volatility next week once COIN begins trading, but eventually I think we’ll see it trade more in line with the direction of the broader crypto market,” Kelly wrote in an email. “However, I view it as a lower beta play on the continued expansion of crypto with less downside risk to crypto asset prices; in other words, COIN is more agnostic to crypto asset prices and may be an attractive opportunity for investors looking to gain exposure to the continued adoption of crypto without taking on similar levels of price volatility.” Before it's here, it's on the Bloomberg Terminal. LEARN MORE