Mark Mason
Well-known member
Cryptocurrency Businesses Thrive During the Bear Market
The cryptocurrency market is still in a bear market from its highs earlier this year, but cryptocurrency-based businesses are still thriving, such as Coinbase.
The popular cryptocurrency exchange that is often labeled as being the on-boarding location for many first-time cryptocurrency users just recently closed its Series E funding for $300 million USD, which places its total valuation at $8 billion USD. This valuation ranks it in the top tiers of many tech startups and even above the market cap of Bitcoin Cash or Litecoin. Coinbase said in their medium post that they plan to use the funds for global expansion, offering more assets, utility applications for crypto such as stable coins, and bringing institutions into crypto.
Read more - https://www.dashforcenews.com/cryptocurrency-businesses-thrive-during-the-bear-market/
The cryptocurrency market is still in a bear market from its highs earlier this year, but cryptocurrency-based businesses are still thriving, such as Coinbase.
The popular cryptocurrency exchange that is often labeled as being the on-boarding location for many first-time cryptocurrency users just recently closed its Series E funding for $300 million USD, which places its total valuation at $8 billion USD. This valuation ranks it in the top tiers of many tech startups and even above the market cap of Bitcoin Cash or Litecoin. Coinbase said in their medium post that they plan to use the funds for global expansion, offering more assets, utility applications for crypto such as stable coins, and bringing institutions into crypto.
Read more - https://www.dashforcenews.com/cryptocurrency-businesses-thrive-during-the-bear-market/