Cryptocurrency Price Check: Coinbase, Ethereum, Bitcoin Mining

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. 

The rise in difficulty was since hash rate or blockchain computing power couldn't keep up with Bitcoin's surging price because of a global shortage in chips

On March 31, European Central Bank (ECB) President Christine Lagarde said in a Bloomberg interview that the organization could be looking to launch a central bank digital currency within four years.

For more in-depth coverage of cryptocurrency including investing recommendations and strategies, follow the Crypto channel on TheStreet.

Here is a list of some of the top cryptocurrencies to watch and their performance from this past week by the percentage change at around 9 a.m.