Ether New ATH, Coinbase Jumps At Debut And VeChain (Up 14%) Soars

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Bitcoin is trading steady near its newest all-time-high of $64,000 which it set yesterday, Ether meanwhile set a new record itself of $2,481.84 and goes for $2,400.

Coinbase had a positive first day on Wall Street as a publicly listed stock market company and over in the broader altcoin market VeChain keeps surprising. It is now trading for $0,18 already.

April averages

April is turning out to be a very good month for crypto and Bitcoin so far, and is thus remaining in step with its historical average.

As we’ve told you a few weeks ago, based upon averaging, Bitcoin should end this month with a value of some $83,000. At the moment, the most famous crypto coin is well on its way.

BREAKING: #CoinBase is now the most valuable exchange in the world as valuation surges past $120 Billion. pic.twitter.com/Nnx7aLkcq8

— Mr. Whale (@CryptoWhale) April 14, 2021

Coinbase debut

Over on Wall Street, Coinbase had an excellent first day as a stock quoted company. CEO Brian Armstrong gleamed during his tour of media interviews on US channels as Coinbase, which was set for a reference price of $250 per share, started the day with a 52% premium at $381 a share and ended the day at $328.

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CNBC asked whether the Coinbase listing was helping Bitcoin or whether it was the other way round.

Mike Novogratz admitted that Coinbase’s IPO has helped interest in crypto over the past few days and that its listing will help attract more institutional investors.

VeChain soars

Over on the broader altcoin market, there were quite a few winners, and we’ll talk about Dogecoin in another article, but we should also mention VeChain.

Their favorite analyst Justin Bennett had just a few days set a new target for the coin for end of April of some $0,15. In the meantime, VeChain has already blasted way past that and is now trading above $0,18.

Ok #VECHAIN. I hear you loud and clear. You want to MOON. $Vet $Vtho 🔥🔥 pic.twitter.com/ihOpcgx8nn

— Jake Wong (@jakewong1977) April 15, 2021

Lastly, do not be surprised if you see some crypto profit taking in the next few days even though this crazy market could just as well continue rising without abating.