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Coinbase Fixing ‘Outages' After Users Report Seeing $0 Account Balances During Bitcoin Rally
Forbes· 2024-02-28 21:13
ToplineCoinbase, the largest cryptocurrency exchange in the U.S., experienced significant outages and errors that caused some user accounts to show a $0 balance and prevented some users from logging in at all on Wednesday afternoon—shortly after bitcoin’s value rose above $60,000, its highest mark since 2021.Coinbase said their “apps were now recovering” after the frightening outages.Getty Images Key FactsUsers began reporting the outages around 12 p.m., shortly after bitcoin’s historic rally. Coinbase tol ...
Coinbase users experiencing buying and selling errors, zero account balances
Fox Business· 2024-02-28 20:06
Coinbase said Wednesday it is investigating after users reported experiencing errors in buying and selling on the exchange, as well as seeing empty account balances. The cryptocurrency exchange repeatedly reassured customers that their assets on the site are "safe." CEO Brian Armstrong said the platform was "dealing with a large surge in traffic" that degraded the site's performance. Coinbase provided an update at 2:29 pm ET saying that it was beginning to see an improvement in trading, however "some custom ...
Coinbase users see $0 balance after crypto-trading app suffers glitch
CNBC· 2024-02-28 18:16
SAN ANSELMO, CALIFORNIA - FEBRUARY 15: In this photo illustration, the Coinbase and Bitcoin logos are displayed on a phone screen on February 15, 2024 in San Anselmo, California. Coinbase stock has risen 5 percent ahead of the company reporting fourth-quarter earnings today on news that Bitcoin has surged above $52,000. (Photo Illustration by Justin Sullivan/Getty Images)Coinbase's app suffered from glitches on Wednesday that led many users to see a balance of zero when opening their accounts.Bitcoin, which ...
Coinbase to Participate in the Morgan Stanley Technology, Media and Telecom Conference
Businesswire· 2024-02-28 13:05
Remote-First-Company/SAN DIEGO--(BUSINESS WIRE)--Coinbase Global, Inc. announced today that Brian Armstrong, Co-Founder and CEO, and Alesia Haas, Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley Technology, Media and Telecom Conference on Wednesday, March 6, 2024 at 3:35 p.m. PT / 6:35 p.m. ET. A live webcast and replay of the virtual session will be available on Coinbase’s Investor Relations website at https://investor.coinbase.com. Disclosure Information Coinbase uses ...
2 Stocks in Cathie Wood's Portfolio to Watch Now
Zacks Investment Research· 2024-02-27 15:01
Investors may not have the necessary acumen to make the right investment choices. So, they tend to emulate investment gurus like Warren Buffett and Peter Lynch to learn the art of investing. Another noticeable investor, Cathie Wood, lately got a lot of attention for her investing viewpoint that helped generate handsome returns.Cathie Wood’s bellwether investment fund, the Ark Innovation ETF (ARKK), has scaled significantly upward over the past year, gaining a solid 22.2%. In reality, Cathie Wood’s Ark fund ...
Coinbase pushed higher as Bitcoin rally continues
Proactive Investors· 2024-02-27 14:46
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Bitcoin surpasses $56,000 benchmark, uplifts crypto market in latest rally
CNBC· 2024-02-27 08:09
The bitcoin halving is an event that happens roughly every four years where rewards to miners are cut in halve, effectively limiting supply of the token.Bitcoin, the world's largest cryptocurrency by market cap, extended a rally in Asia trading on Tuesday, reaching a two-year high of over $56,000 and uplifting the broader crypto market amid positive market developments and buying from crypto bulls.The price of bitcoin increased over 10% within two days, according to data from CoinMarketCap, after crypto inv ...
Why Coinbase and Crypto Are Popping Today
The Motley Fool· 2024-02-26 22:25
Cryptocurrencies rallied sharply on Monday as investors jumped back into the market. Bitcoin traded over $53,000 for the first time since November 2021, and that's pulling the entire market higher.Even bigger moves took place. Ethereum (ETH 2.65%) jumped 8.3% since the close of the market on Friday, NEAR Protocol (NEAR 8.83%) was up 21.3% on Monday, and Coinbase (COIN 16.84%) jumped 16.9%. Bitcoin miners Marathon Digital and Riot Platforms were up 21.7% and 17%, respectively at the end of trading today. Thi ...
Can Coinbase Global, Inc. (COIN) Run Higher on Rising Earnings Estimates?
Zacks Investment Research· 2024-02-22 18:21
Coinbase Global, Inc. (COIN) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between t ...
Coinbase Global, Inc. (COIN) is a Great Momentum Stock: Should You Buy?
Zacks Investment Research· 2024-02-22 18:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...