This week, five IPOs are scheduled to raise $4.5 billion in the week ahead, led by the largest U.S. cryptocurrency exchange Coinbase's (NASDAQ: COIN) widely anticipated direct listing.
The rise of bitcoin has been one of the top stories of 2020.
What Happened: Bitcoin price hit all-time highs throughout December, passing the $27,000 level on Dec. 27.
Morgan Stanley (NYSE: MS) is facing a lawsuit brought by its former chief of diversity who alleged “systemic racial discrimination” against minorities at the bank.