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Coinbase Goes Down as Bitcoin Nears $17K

Coinbase has suffered a number of outages during busy trading periods this year including most recently on Oct. 27.

Автор Kevin Reynolds
Обновлено 14 сент. 2021 г., 10:31 a.m. Опубликовано 16 нояб. 2020 г., 9:28 p.m. 1 min readПереведено ИИ
Cryptocurrency Wallet

The website and mobile app of U.S. cryptocurrency exchange Coinbase are down as bitcoin is nearing $17,000, within striking distance of its all-time high of $19,665 set in 2017.

Update (Nov. 16, 22:35 UTC): According to the Coinbase status page, the incident was resolved at 22:27 UTC.

  • According to a company update, a fix has been implemented and the company is "investigating this issue."
  • Coinbase has suffered a number of outages during busy trading periods this year including most recently on Oct. 27.
  • The outage comes at a time when bitcoin has been fast approaching new highs not seen since Jan 7, 2018.
  • At press time, bitcoin was at $16,834, up 6.27% over the last 24 hours.

Read more: Coinbase Goes Down as Bitcoin Approaches 2019 Highs

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(Win McNamee/Getty Images)

CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.

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  • Elon Musk is exploring a potential merger of Tesla and SpaceX, a move that would deepen operational overlap in areas such as power infrastructure and AI-related computing.
  • A combined Tesla-SpaceX entity would control about 30,221 bitcoin, worth roughly $3.3 billion, making it the fifth-largest public corporate holder of the cryptocurrency.