Crypto History: Coinbase Going Public And A "$64,000 Question" For Bitcoin's Record Run, Big Bank Earnings Kickoff, Moderna Jumps On New COVID Vaccine Data In Wake Of J&J's Vaccine Pause, And Bernie M
Squawk on the Street - En podcast af CNBC
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Carl Quintanilla, Jim Cramer and David Faber began the program with a closer look at an historic moment for cryptocurrency: Coinbase -- the largest crypto exchange in the U.S. -- going public with a direct listing on the Nasdaq, as Bitcoin surpasses $64,000 for the first time ever. The anchors explored what Coinbase's debut could mean for the crypto industry and investors -- and reacted to Coinbase's CEO telling CNBC why he's bullish about growing its institutional customer base. They also took a deep dive into the first day of big bank earnings with results from JPMorgan Chase, Goldman Sachs and Wells Fargo. Shares of Moderna rose after it released new data showing its COVID-19 vaccine was more than 90% effective at protecting against the virus -- and more than 95% effective against severe disease up to six months after the second dose. Carl, Jim and David discussed the Johnson & Johnson COVID vaccine pause and what Moderna's CEO had to say about it. They also talked about the breaking news involving Bernie Madoff: The mastermind behind the biggest investment fraud in U.S. history has died at the age of 82.