DailyCryptonews by cryptoborges - 28/01/2021

By Francisco Borges | CryptoNews by cryptoborges | 28 Jan 2021

Hi huys hope you enjoy your daily dose of crypto news.

Coinbase to Become Publicly Traded, Announces Proposed Direct Listing of Shares

Leading cryptocurrency exchange Coinbase Global said it intends to become a publicly traded company pursuant to a proposed direct listing of its Class A common stock.

Coinbase recently announced it had $90 billion in assets on platform at the close of 2020 and 43 million registered users.

WallStreetBets Fever Hits Dogecoin, Price Soars 142%

The price of dogecoin (DOGE) more than doubled overnight around the time a popular Twitter account from a WallStreetBets trader mentioned the meme-loving cryptocurrency in a tweet.

In response, the price of the Shiba Inu meme-based cryptocurrency shot up as much as 142%, from $0.007 to $0.017 in under two hours

DOGE’s latest price spike is reminiscent of a sharp rise last summer as videos on TikTok encouraged users to invest in the cryptocurrency. And, on Jan. 3, adult star Angela White tweeted she had been a HODler of DOGE, prompting many of her 1.3 million followers to push the price up as much as 203%.

Nuclear-powered Bitcoin Mining

Crypto miners are preparing to set up a large-scale center at a nuclear power plant in Rivne, Ukraine. Per an official document, Energoatom – the state-owned nuclear power plant operator – has selected a firm named the Kyiv Energy Construction Company to build the center after a bidding process concluded.The company aims to complete the new center by August 31, 2022.

BitFury miners will likely then move into the center