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Sudden Bitcoin Crash Sparks Serious Coinbase Warning

From forbes.com

Bitcoin, after rallying to over $10,000 per bitcoin in the last few days, has suddenly crashed back. The bitcoin price lost more than 10% in a matter of minutes yesterday evening, dropping to lows of $8,100 on the Luxembourg-based Bitstamp exchange before rebounding to settle around $8,600. However, an outage on major U.S. bitcoin and crypto exchange Coinbase just after bitcoin's price plummet left many users unable to trade—the second time in less than a month Coinbase has buckled under stress. "How many times do we have to say take your bitcoin off of Coinbase if you want to have access to it," Rachel Siegel, a ... (full story)

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  • Category: Fundamental Analysis