Cryptocurrency Price Check: Coinbase, Ethereum, Bitcoin Mining

Crypto firms reported an uptick in retail activity as US stimulus hit bank accounts according to crypto news outlet TheBlock.

Coinbase is preparing for its direct listing which is scheduled for Apr. 14.

On April 1, Morgan Stanley added Bitcoin trading to 12 of its existing institutional funds using cash-settled futures and investments with the Grayscale Bitcoin Trust.

Morgan Stanley in a filing to the U.S. Securities and Exchange Commission said that “bitcoin and bitcoin futures have generally exhibited significant price volatility relative to traditional asset classes.”

Separately, Bitcoin’s mining difficulty was at a record high this week, dimming the prospects of continued record revenues for miners.