Mario Coin price

BTC recently hit $120K. Perfect timing to sit down with @olivierfrancois & @sazanne_ at X Summit. TLDR: • Institutional crypto FOMO is real — and accelerating • Corporates, asset managers, and sovereigns are stacking BTC with long term investment horizons • Equity deal floodgates are open: CRCL, COIN, MSTR proxies everywhere • M&A/consolidation heating up — infra, exchanges, wallets • Tokenization = biggest shift in capital markets in 10+ years, with very favorable regulatory landscape • Stablecoins having its 'ChatGPT' moment for crypto; US govt sees it as a way to support the dollar hegemony The traditional 4-year cycle is losing relevance. Next few months will be chaotic and full of opportunity. Best time to lock in.

We called it @SharpLinkGaming is now the top $ETH holder Overtaking the @ethereumfndn, they now hold 280K $ETH The ticker is $SBET

Few things I'm looking at today... - $AAVE has passed $50B in deposits, which would make it the 46th largest bank in the US by comparison - Beta access to UR Neobank from @Mantle_Official that I previously wrote about is now live - $COIN is at ATH's, currently at $395... - Linea has confirmed that they will be doing a $LINEA token/airdrop and stated that details on the tokenomics and etc will be available by the end of this month... Apparently SyncSwap is doing an airdrop finally as well (a dex on Linea/Scroll/zkSync/etc)... Linea and Syncswap are actually a potential airdrop I've been engaged with pretty heavily, as I started LP'ing and swapping on it on Linea way back in like December 2023 on a bunch of wallets and have not removed the liquidity ever since... so interested to see how that goes... Also still hoping we get Phantom and Rabby airdrops but we shall see :) What are ya'll looking at today?

Circle’s $CRCL IPO will go down in the history books. Priced at $31 a share at the IPO, the stock briefly touched $300 before settling just under $200. And yet, all I hear are bear cases with most of them centered around interest rates falling and Circle paying half of its revenue to Coinbase $COIN for the distribution of USDC. No one is standing up for Circle, despite USDC’s central role in finally pushing financial infrastructure onchain. I figured it’s time to share my bull case. Follow the link in the reply to read my @twifintech write-up “Why eveyone is wrong about Circle” 👇🏻

Coinbase has crossed a significant milestone, reaching a market capitalization of over $100 billion amid renewed momentum across the crypto sector. According to Google Finance data, shares of Coinbase (COIN) reached a new all-time high of $398.50 during trading hours on July 14. However, the stock’s value ended the day at around $394, reflecting a 2% increase during the period. Coinbase Market Cap (Source: CompaniesMarketCap) Considering this performance, Kylie Reidhead, co-owner of the crypto media outlet Milk Road, suggested that Coinbase could grow into a trillion-dollar company. He likened Coinbase’s trajectory to the rise of Amazon in retail and Netflix in entertainment, adding that the US-based crypto exchange is positioning itself as a pillar of “upgrading” the current financial system. Reidhead noted that this positioning could help the Brian Armstrong-led firm overtake traditional banking giants like JPMorgan as crypto infrastructure becomes more integrated with mainstream finance. Why Coinbase stock is rallying Market analysts attribute the Coinbase surge to improving macro conditions for the crypto industry, rising digital asset prices, and the company’s expanding role in merging traditional finance with the emerging industry. They also noted that its inclusion in the S&P 500 Index earlier this year signaled growing confidence in the exchange’s fundamentals and profitability. The move is also expected to increase institutional ownership as index funds adjust their portfolios. The COIN stock rally also coincided with rising crypto prices, particularly Bitcoin, which surged to an all-time high of more than $120,000 on the same day. Is Coinbase overvalued? Despite the positive outlook, some analysts believe Coinbase’s valuation may be inflated. Analysts at 10x Research have warned that Coinbase might be overvalued, particularly as institutional investors prefer large-cap Bitcoin miners as proxies for the top crypto asset. According to the firm, Coinbase is still trading at a premium relative to Bitcoin, despite both assets experiencing gains. The firm stated: “Coinbase remains overvalued relative to Bitcoin, though both have gained. Only a few assets, including Circle and Robinhood, show stronger momentum than Bitcoin.” Notably, HC Wainwright recently downgraded Coinbase from Buy to Sell, citing its 150% rally over the past quarter and a price-to-earnings ratio that may not reflect underlying fundamentals. The post Coinbase’s $100 billion milestone sparks trillion-dollar company speculation appeared first on CryptoSlate.