Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,09 trillion. Bitcoin is up by over 2% to reach around $27,200. Ethereum increased by nearly 6% to close to $1,700. XRP gained almost 2% in value during a highly volatile week. Almost all altcoins are trading in the green, with virtually no exceptions. The DeFi sector maintains the total value of protocols (TVL)…
Bond Sales
Coinbase Sets out to Raise About $1.5 Billion via Bond Sales
On Monday 13th, Coinbase announced plans to raise around $1.5 billion in a bond sale. The announcement comes after SEC's threats of legal actions if Coinbase launches lending services. In fact, some investors see this as Coinbase's alternative to their last week's planned lending project. The trading entity is the most popular crypto exchange, with over $5.6 billion daily trading volume. It announced on Monday plans to launch a debt offering worth $1.5 billion. This offering will raise capital to grow Coinbase and bolster…
2 years ago 
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