#coinbase

#coinbase

Crypto markets continue to struggle on the back of the FOMC meeting this past Wednesday. Fed Chair Powell's comment of no guarantee of cuts in December has had markets reeling, with Bitcoin beginning to recover today, trading above its 200 day SMA at around $110,000 at this time of writing. But Bitcoin's recovery is not as significant as Z-Cash, the crypto story of the moment.

"We continue to investigate the root cause for the network connectivity issues," wrote Amazon Web Services (AWS) late Monday morning. Coinbase acknowledged the impact of the AWS outage on its services. "Many online services, including Coinbase, experienced issues," a spokesperson said in a statement to Fortune. "Coinbase services have recovered. Some older asset transfer requests are still pending, which we are investigating."

Almost one year after the fintech giant Stripe struck a $1.1 billion deal to acquire the stablecoin startup Bridge, two other big corporate players want to scoop up a stablecoin firm of their own. The U.S. crypto exchange Coinbase and the payments giant Mastercard have each held advanced acquisition talks to buy London-based BVNK, according to six sources familiar with the dealings, who asked for anonymity to talk about confidential business discussions.

We've heard some pretty outrageous longer-term price targets on Bitcoin ( CRYPTO:BTC) and other cryptocurrencies (think Ethereum) in recent years. And while it seems absurd to envision a single Bitcoin going for $1 million one day, let's just say anything is possible in the wild world of crypto. In any case, Bitcoin goes for just north of $114,000 today, so a run to the million-dollar mark would entail just shy of a 900% rise from current levels.

We've yet to be able to track down his Coinbase account info, so we've never sold anything, and this bitcoin is just through the roof,

Coinbase approaches advertising as a net benefit for users and frames it expansively, viewing it as an essential growth mechanism rather than a user experience risk.

"Partnering with Coinbase accelerates our ability to bring innovative, crypto financial solutions to our clients. We will also provide PNC's best-in-class banking services to Coinbase. This collaboration enables us to meet growing demand for secure and streamlined access to digital assets on PNC's trusted platform."

Token creation and cap table management is part of the process. If we want to bring a billion people on chain, this process needs to be much easier and less broken.

Our objectives aligned further as we deployed PYUSD in combination with our payments expertise, enabling greater commerce applications.

‘While we will continue to provide offices for employees who prefer to work in them, designating one location as our headquarters feels counter to our culture.’