Coinbase status: access issues and outage reports

Problems in the last 24 hours

The graph below depicts the number of Coinbase reports received over the last 24 hours by time of day. When the number of reports exceeds the baseline, represented by the red line, an outage is determined.

Most Reported Problems

The following are the most recent problems reported by Coinbase users through our website.

• Transactions (67%)
• Withdrawals (33%)

Live Outage Map

The most recent Coinbase outage reports came from the following cities:

City	Problem Type	Report Time
Paris	Withdrawals	2 months ago
Le Taillan-Médoc	Transactions	2 months ago
Leipzig	Transactions	3 months ago
Maquoketa	Website	3 months ago
West Liberty	Login	3 months ago
Houston	Mobile App	4 months ago

Full Outage Map

Community Discussion

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Beware of "support numbers" or "recovery" accounts that might be posted below. Make sure to report and downvote those comments. Avoid posting your personal information.

Coinbase Issues Reports

Latest outage, problems and issue reports in social media:

• 
  CryptoPulse (@CryptoPulseGLBL) reported 8 minutes ago

  🔔#Today’s Headlines 1. #BTC falls below US$77,000, down 0.40% on the day 2. US CFTC proposes rules to address potential conflicts of interest between prediction market exchanges and affiliated trading firms 3. @RobinhoodApp Chain’s daily fees reach US$3.75 million, exceeding the combined total of Solana, Ethereum and Base 4. All three major US stock indices close higher; HOOD rises by over 3.16% 5. @Broadcom reports Q3 FY2026 revenue of $29.591 billion, up 86 per cent year-on-year 6. @coinbase stock tokens see $228 million in DEX trading volume on Base over the past 30 days, with Aerodrome accounting for 77 per cent 7. #Meme coin mania spreads to the Nasdaq, with agricultural supplier Farmmi’s share price soaring 350 per cent 8. Two whales purchased $35.1 million and $7.66 million worth of HYPE respectively today 9. The whale that redeemed 2.886 million HYPE from staking at the end of July has now liquidated its entire position, realising a profit of $132 million 10. Robinhood’s meme coin FAMI briefly surpassed a market capitalisation of $30 million, rising by over 400 per cent intraday

• 
  Live Free (@LiveFre47518057) reported 8 minutes ago

  Looks like coinbase @coinbase is having issues again. I can’t transfer my xrp. It won’t get passed the tag portion no matter what I do. Hey Brian @brian_armstrong fix your app! If you want to onboard the masses and tell them crypto is better than bank fiat then you need to get it to operate smoothly… interruptions like this is like ATM’s not working. Preventing people from access to their money is a major red flag.

• 
  Morpheu5 Stock Watcher (@Morpheu5Watcher) reported 18 minutes ago

  THE WORLD GETS 450 NEW BITCOIN A DAY. STRATEGY $MSTR BOUGHT TEN DAYS' WORTH IN A WEEK: Strategy MSTR at $122.33, -$2.55 / -2.04% today. The Tysons Corner, Virginia company, 1,539 staff, borrows money and sells its own shares to buy bitcoin and hold it. On August 31 it disclosed the week to August 30: 4,603 coins, $369.7M, an average $80,318 each. Set that against what the entire system produces. Bitcoin creates about 450 new coins a day, worldwide, total. One company's week was roughly ten days of everything the network makes. Those coins came out of the pile already circulating, not from miners. The comparison is about scale. WHERE THE COINS ARE - Bitcoin, ticker BTC: $77,113, -0.25% over the past 24 hours - Ethereum, ticker ETH, the second largest: $2,383, -1.43% THE SUPPLY SIDE NEVER ARGUES Roughly every ten minutes, whoever does the computing that keeps bitcoin's ledger honest is handed a batch of new coins. That reward is 3.125 bitcoin, and it is cut in half about every four years. That is the halving: on April 20, 2024 it dropped from 6.25 coins to 3.125, and the next cut, to 1.5625, is scheduled for 2028. The arithmetic is small and completely public: - About 144 batches a day at 3.125 coins each: roughly 450 new bitcoin, worth about $34.7M at today's price - A full year: 164,250 coins, near $12.7B - Already created: about 20 million of the 21 million that will ever exist Compare it with copper. Price doubles, producers dig more, the extra supply eventually pushes back. Bitcoin does none of that. Triple the price tonight and tomorrow still delivers 450 coins; halve it and tomorrow still delivers 450. Supply is written in advance and cannot answer a price, so the whole argument about what a bitcoin is worth lands on the demand side. WHY DEMAND IS SOFT TODAY Bitcoin pays no interest, no dividend and no rent, ever, so it competes with whatever safe money pays - and the 10-year Treasury yield, what the US government pays to borrow for a decade, touched 4.814% today, its highest since November 2023. At 2:00pm ET the Federal Reserve published the Beige Book, its survey of business conditions across the twelve regional Fed districts before each rate meeting. No headline figure, only testimony: the economy grew "modestly," prices "increased moderately." Nothing there argues for cheaper money, and interest-rate futures put the odds of a quarter-point rate INCREASE at the September 15-16 meeting near 70%. Supply did not move today, because it never does. The price of money did the talking. THREE SHARES THAT STAND NEXT TO A COIN A brokerage app will not quote you a bitcoin. It quotes shares, and three sit closest - each a different distance from the coin. THE FUND. iShares Bitcoin Trust, ticker IBIT, at $43.70, -$0.06 / -0.13%. A spot ETF holds the real coin in storage and cuts the pile into shares that trade in an ordinary account - the share stands on actual bitcoin, not on a bet about the price. At $60.2B it is the largest, on roughly 779,840 coins, and its 0.25% annual fee comes out in bitcoin. THE EXCHANGE. Coinbase, ticker COIN, at $176.02, -$0.80 / -0.45%. The New York company, 4,951 staff, runs the largest US crypto exchange. Worth $46.4B - market value, the share price times every share - it collects a fee on trades, and people sell in a panic as busily as they buy in a rally. THE STOCKPILE. Strategy owns 845,050 bitcoin at an average cost of $75,412 a coin, about 2% under this afternoon's price. Those 4,603 coins bought at $80,318 already sit 4.0% below what was paid. Now put both piles beside the meter. Between them they hold about 1.62 million coins - roughly 8% of every bitcoin in existence, and as many as the network will produce in nearly ten more years at 450 a day. WHERE THESE SIT The fund is not something any of the six Len5es can hold a view on. Each of them weighs a business - what it sells, what it keeps, who decides. A fund tracking a coin has no such parts. Coinbase and Strategy are businesses, and neither is on any of the six. One fact does most of it: both ended the last twelve months in a loss. Quality-Value hunts a durable business at a fair price, Deep-Value and Special-Situations one priced under what it looks worth, Growth and Hypergrowth expansion nobody is overpaying for - all four need a profit to measure against, and there is not one. Momentum watches a company climbing on news of its own. Strategy had its own news on August 31 and is down 2.04% today anyway, on 11.7M shares against a 35.5M average - a thin day, and the opposite shape. Neither pays a common dividend, which settles Income. WHAT WOULD CHANGE COINBASE: a profitable year, giving a style something other than the coin to price. WHAT WOULD CHANGE STRATEGY: a full year of reported profit - with a catch, because the profit line here is largely the coin's price written into the accounts, so a value style would still be weighing bitcoin. WHERE THIS BREAKS Crypto is volatile and speculative, and nothing here forecasts a price. A fixed supply settles nothing about what anybody will pay: the same 450 coins arrived every day while the fund fell from $71.82 last October 6 to $32.84 on June 25, and every day of the 33% climb back since. Every share price above is a live mark with minutes left to trade. Friday at 8:30am ET the Bureau of Labor Statistics publishes the August employment report - the government's count of jobs added or lost, plus the unemployment rate - after July LOST 23,000 jobs at 4.1%. US markets are shut Monday, September 7. Almost every other market on a screen has somebody who can answer a high price by making more. Bitcoin has a clock. It handed over about 450 coins today and will hand over 450 tomorrow, with no view at all on what a government bond is paying while it does. All the arguing happens on the other side. Not investment advice.

• 
  SOLGEKING (@So1geking) reported 18 minutes ago

  @kelxyz_ @cobie @underwaterwux Ngl the 2 gays tweet all day about spreading Coinbase and pushing to masses BUT THEIR FKEN 4H TIMEFRAME AND TPSL WASNT EVEN WORKING UNTIL COBIE CAME

• 
  Ranjit (@RanjitCricket) reported 21 minutes ago

  @IndianTechGuide Major Layoffs (2026) Amazon - 31,451 Intel - 27,058 Oracle - 22,094 Microsoft - 20,147 Meta - 14,700 Dell - 11,000 HP - 6,000 Salesforce - 5,471 Block - 4,931 PayPal - 4,760 Cisco - 4,000 Uber - 3,300 Cloudflare - 1,100 LinkedIn - 875 Coinbase - 700 PayPal India - 600

• 
  Sarcastinator.hl (@Not_A_De_Gen) reported 22 minutes ago

  do we think coinbase is broken now?

• 
  Mike: The Username (@RotondoAGoGo) reported 25 minutes ago

  @coinbase @coinbasesupport @brian_armstrong For real though - can you fix the “Tuesday August 25th” chart lock, it is getting sort of annoying having to exit my app + re-enter on the chart I want to see. With all other charts reverting to their specific frozen dates

• 
  David@seeASX (@DavidseeASX) reported 25 minutes ago

  Tokens on #Coinbase are not found and no answer as no customer service #Coinbase is like hralth insurance

• 
  Lobster (@r0fl0bster) reported 29 minutes ago

  @blockgraze Lessons @brian_armstrong can take from this -never be first -never be bald -dont **** on this every chance you get: "A meme is an idea, behavior, style, or piece of media that spreads widely from person to person within a culture, often carrying a humorous or symbolic meaning." i am glad he stopped the predatory practice of defaulting to bank transfer and holding funds hostage instead of defaulting to the obviously more popular card payment. and his "customer service reps" getting mad for calling it out. Real innovation out of coinbase.

• 
  CTM (@CryptoTalkMan) reported 36 minutes ago

  Coincidence? CTM was in $BASECAT from DAY 1. Bag worked it. Believed in it. Held through the noise. Within DAYS, $BASECAT went from a fresh memecoin nobody understood to COINBASE. Now look at $FLORK. CTM was there from DAY 1 AGAIN. Bought it. Bag worked it. Held it through the ******* trenches while everyone was jeeting. And just 4 DAYS later… BINANCE ALPHA. Read that again. $BASECAT → DAY 1 CTM → COINBASE. $FLORK → DAY 1 CTM → BINANCE ALPHA. At some point you have to ask yourself: Is CTM getting lucky… or is CTM recognizing the narratives BEFORE the market realizes what ******** is happening? I don’t chase the confirmation. I try to be there BEFORE the confirmation. And with $FLORK? I still think we’re only at the beginning. Dream ******* bigger.

• 
  Rugbie McClaw (@rugbiemcclaw) reported 36 minutes ago

  @BarryYoungNZ They block Coinbase as well, for safety.

• 
  Soldad (@JoeRohr8) reported 40 minutes ago

  @baseapp I am a 100% supporter of coinbase, but I have to tell you I'm quite disappointed in the base app. Wallet, not easy to use. I found the older version was much better. Hopefully we can get this tweaked and working better

• 
  Morpheu5 Stock Watcher (@Morpheu5Watcher) reported 41 minutes ago

  ISHARES BITCOIN TRUST $IBIT SHED $201M OF BITCOIN YESTERDAY. NOBODY THERE DECIDED TO: iShares Bitcoin Trust IBIT at $43.80, +$0.04 / +0.09% today. Yesterday $201.2M walked out of it - 85% of the entire $236.5M that left every US spot bitcoin fund put together. No manager chose that figure. A spot ETF is a fund that holds the real coin in storage and cuts the pile into shares that trade in an ordinary brokerage account. It has no opinion. When more holders sell shares than buy them, the fund shrinks and coin leaves the vault to match. The figure people read as a verdict on bitcoin is closer to a headcount of who stayed. WHERE THE COINS ARE - Bitcoin, ticker BTC: $77,394, -0.12% over the past 24 hours - Ethereum, ticker ETH, the second largest: $2,395, -1.45% Bitcoin barely moved overnight. The money did. THE MONTH, AND THEN THE TURN August was a strong stretch: $3.5B of net new money into these funds across 21 trading days, 16 days in against 5 out. Then the last week, all US spot bitcoin funds together: - Aug 24-27, four days in a row: +$337.6M, +$314.4M, +$232.1M, +$242.2M - Aug 28: -$201.8M. Aug 31: +$216.7M. Sep 1: -$236.5M This one trust took $205.9M of that August 31 inflow - 95% of it - and produced $201.2M of yesterday's outflow, 85%. On August 27 it took in $277.6M while the whole group took $242.2M, meaning its rivals were losing money underneath a green headline. One fund is not part of the flow figure. It very nearly is the flow figure. THE SPLIT NOBODY EXPECTS Same session, opposite direction next door. US spot ether funds took IN $10.95M on September 1, a twelfth straight day of money arriving - and ether is the one down harder today. The difference is that ether can be put to work. Staking means locking coins up to help run the network and being paid a small return for it; about 34% of all ether, roughly 41M coins, is locked that way. Since January 5, US funds have been permitted to pass those rewards on to shareholders. Bitcoin has no equivalent. A bitcoin fund can only hold. An ether fund can now earn. WHY BOTH ARE SOFT Bitcoin pays nothing, ever, so it competes with whatever safe money pays - and the 10-year Treasury yield, what the US government pays to borrow for a decade, touched 4.814% today, its highest since November 2023. At 8:15am ET, ADP Research put August hiring at private US employers at +38,000 jobs against about 47,000 expected, July revised to +46,000 - the slowest since January. Soft hiring normally argues for cheaper money. Not this week: interest-rate futures put the odds of a quarter-point rate INCREASE at the Federal Reserve's September 15-16 meeting near 66%. ONE COMPANY OWNS MORE BITCOIN THAN THE BIGGEST FUND DOES Strategy, formerly MicroStrategy, ticker MSTR, at $122.55, -$2.33 / -1.87%. The Tysons Corner, Virginia company, 1,539 staff, borrows money and issues shares to buy bitcoin and hold it. It owns 845,050 coins. The trust at the top of this page holds 779,840 - so one company holds 65,210 more bitcoin than the largest bitcoin fund in the world. At this morning's price those coins are worth $65.40B. The whole company is worth $47.08B - market cap, the share price times every share in existence. The shares are priced near 72 cents for every dollar of bitcoin the business owns. That is not free bitcoin. Lenders and preferred shareholders - a class of stock paid ahead of ordinary shares - stand in front of common holders, and adding those claims back puts the whole enterprise a little ABOVE the coins, not below. Where the money actually goes: in the week to August 30 the company sold 4,531,421 of its own shares for $602.8M and split it four ways - $369.7M on 4,603 bitcoin at an average $80,318, $151.8M buying back its own preferred stock, $50.7M paying preferred dividends, $30.0M to cash. Only 61 cents of every dollar raised reached a coin. THE FEE COLLECTOR Coinbase, ticker COIN, at $176.01, -$0.81 / -0.46%. The New York company runs the largest US crypto exchange, employs 4,951 and is worth $46.42B. In the June quarter, reported July 30, subscriptions, custody and interest brought in $555M - 48% of net revenue, the money coming in the door, from 29% at the end of 2024. Nearly half its income no longer waits for anybody to press a button. WHERE THESE SIT The fund cannot be a Len5 pick at all. All six weigh a business, and a pile of coins has no sales, no customers, and nobody who can fix a bad year. Coinbase and Strategy carry none of the six, and one fact does most of it: both ended the last twelve months in a loss, so the two value styles and the two growth styles have no profit to set anything against. Momentum watches a company climbing on news of its own, and both are lower today on somebody else's. Neither pays a common dividend, which settles Income. WHAT WOULD CHANGE COINBASE: that 48% growing into a profitable year, giving a style something other than the coin to price. WHAT WOULD CHANGE STRATEGY: the preferred stock costing less each quarter than the shares sold to pay it. WHERE THIS BREAKS Crypto is volatile and speculative, and nothing here forecasts a price. One day of flows is one day - this same group was positive on 16 of August's 21 sessions. Every share price above is a live mark with hours left to trade. Friday at 8:30am ET the Bureau of Labor Statistics publishes the August employment report - the government's own count of jobs added or lost, plus the unemployment rate - after July LOST 23,000 jobs at 4.1%. It regularly disagrees with the private count. US markets are shut Monday, September 7. A fund with no opinion produced the loudest number in crypto yesterday. It did it the way a turnstile produces a number - by counting people on their way out. Nobody at the trust gets to forecast the next reading. It is whatever its own holders do between now and four o'clock. Not investment advice.

• 
  exchangeIntel (@exchangeIntel) reported 42 minutes ago

  Coinbase Coinbase Onramp performance issue resolved The incident is marked resolved by the official source. Official incident duration: ~1h 22m.

• 
  bildo (@WildBullyTheKid) reported 42 minutes ago

  @YUBIT_Exchange But it’s down 98% from its all time high. It’s been on a descending triangle since it’s Coinbase listing. They need a miracle for it to boost its market cap.

• 
  Leszek Laska (@llaska233) reported 43 minutes ago

  @coinbase Can you add a setting where the charts stop going down when the app crashes?

• 
  RisingCap (@0xRisingCapital) reported 43 minutes ago

  Net pressure: neutral. The bearish long-term holder read is weaker than it appeared, because the selling has stopped. The bullish case is weaker too, because nothing is being built underneath. 1. Long-term holder supply has been negative for over a month, which normally reads as an exit. Two faster metrics show the selling was a single event in early August that has since ended, and that almost nothing is replacing those holders. 2. Coin days destroyed is the decisive read. It spiked in early August, led by the long-term holder component while short-term destruction stayed subdued. Old coins genuinely moved, and the timing matches the long-term holder position turning negative. But CDD has decayed steadily through late August and now sits near baseline, with long and short-term components converged. Old-coin movement happened once and stopped, while price held $77K to $80K throughout. Distribution that ends while price holds is a completed rotation, not an ongoing exit. That resolves a question the aggregate supply figure could not answer for a month. 4. The age-band structure shows where those coins went and what is behind them. The six-month-to-one-year band has expanded steadily since March while the three-to-six month bands compressed, which is the November-December capitulation cohort aging through the ladder. Those coins are past the long-term threshold already. They aged in rather than being spent. 5. The problem is upstream. The youngest bands, one day through two months, are flat and thin through August with no visible swelling from the run to $80K. Realized capital in those bands measures coins acquired at recent prices. A rally bringing genuine new participation would thicken them. It has not. That matches the Coinbase premium, which touched positive last week and has slipped back to −0.04, never confirming. 6. Exchange reserve says the same thing in a third way: 2.708M, down sharply from 2.737M on Aug 17, then flat for two weeks. The outflow that accompanied the rally has stopped. Coins are not returning to exchanges, which is constructive, but they are not leaving either. The synthesis: old holders sold once, the market absorbed it, and few new long-term holders are forming to replace them. Not accumulation resuming, not distribution accelerating. A market that has changed hands and is now waiting. source: checkonchain, CryptoQuant · Sep 3

• 
  Anthony Bower (@s12ocg) reported 44 minutes ago

  @LiveFre47518057 @coinbase @brian_armstrong Could you please share the error message you’re seeing so we can help identify what’s preventing the transfer?

• 
  Anthony Bower (@s12ocg) reported 46 minutes ago

  @DOGE_Kingdom_ @coinbase Could you please share the transaction details or error message you’re seeing so we can check why the funds are still unavailable for transfer?

• 
  Cao (@CaoLinSan) reported 48 minutes ago

  @vladtenev @CryptoGodJohn Can you airdrop down bad Coinbase stock holders some RH Monopoly Money so we can also play in your chain?

• 
  RonMan (@RonManX) reported 49 minutes ago

  Another data breach. At this point, every email address I’ve used has been exposed somewhere. Coinbase. Equifax. Now X. The one email I had managed to keep clean is now in the hands of scammers too. Companies collect and store enormous amounts of our personal information, but when their security fails, we’re the ones who spend years dealing with phishing attempts, account takeovers, identity theft, and potentially lost money or crypto. Maybe Congress should change the incentives. If companies faced meaningful financial liability when inadequate security led to customer losses, I suspect cybersecurity would become a much bigger priority in a hurry.

• 
  James Ventham (@JamesVentham) reported 51 minutes ago

  @TrustWallet @TrustWallet I’ve just sent some funds via Coinbase, it’s cleared the blockchain on both sides and yet it’s flicking between my original balance and the upgraded one I’ve just added to leaving me unable to use the new funds? Can someone help me?

• 
  Net-Updates by StabilityTest (@stabilitystatus) reported 53 minutes ago

  Coinbase Service Disruption Some users may experience delayed sends and receives on the Ethereum network. Buys, Sells, and Fiat withdrawals/deposits rema… Status: Investigating Impact: None Updated: 9:57 PM GMT+0000 Service status tracked by @stabilitytestio #Coinbase #Outage

• 
  cheemsburger🐕🍔 | T-REX.network 🦖 (@DarkVadoge) reported 54 minutes ago

  @Bitcees @retardedpleb coinbase transaction - empty block

• 
  Nick Caden (@fullforcetrades) reported 60 minutes ago

  Have you had you @bot make you any money yet? If yes share your story! I personally keep getting stuck at walls I either run out of usage or finally get things working with usage remaining and couldn’t login to coinbase on Grok Bots cloud computer.

• 
  Morpheu5 Stock Watcher (@Morpheu5Watcher) reported 1 hour ago

  NO BITCOIN FUND CAN EVER PAY ITS OWNERS. ETHEREUM $ETH ALREADY HAS ONE THAT DOES: Ethereum ETH at $2,402, -0.61% over the past 24 hours. Bitcoin, ticker BTC, the larger of the two, at $77,708, +0.16%. Two quiet lines on the same night. The two get talked about as one thing, and on one point they are not: ether can pay the people who hold it. Bitcoin has no mechanism to do that and never will. HOW ONE OF THEM PAYS Ethereum runs on staking. Owners lock coins up as a deposit and help check and record transactions in return. The network pays them in newly created ether for the work, and docks the deposit if they cheat. Put coins down, do a job, get paid. Bitcoin works the other way. Computers race to solve a puzzle and whoever wins gets the new coins. There is nothing an owner can deposit and no job their coins can do, so there is nothing to pay them for. Bitcoin's payment also shrinks on a schedule. Every 210,000 blocks - roughly four years - the new coins issued per block are cut in half. That is the halving. April 2024 took it from 6.25 coins to 3.125; the next, expected around April 2028, takes it to 1.5625, heading toward a hard ceiling of 21 million coins. THE PART THAT NOW HAS A TICKER iShares Staked Ethereum Trust ETF, ticker ETHB, at $30.94 (after hours), +$0.12 / +0.39%. It started trading on Nasdaq on March 12, 2026. A spot ETF holds the real coins in storage and cuts the pile into shares that trade in an ordinary brokerage account. This one goes further and puts the ether to work: its paperwork commits it to staking 70% to 95% of what it holds under normal conditions, and it pays out what that earns every month. The fund publishes its own figure for it: a 30-day staking rewards rate of 1.66% as of September 2. The reward gets split before it reaches anybody. Coinbase Custody Trust Company holds the ether, and Coinbase takes 10% of every staking reward as a base fee, dropping to 6% if the fund ever reaches $20B. BlackRock charges 0.25% a year on top. Shareholders end up with about 82% of the gross rewards. Almost nobody is in it yet: $883.6M on September 2. WHERE THE MONEY WENT iShares Bitcoin Trust, ticker IBIT, at $44.03 (after hours), +$0.24 / +0.55%. At $60.02B on September 2 it is the largest American bitcoin fund, 68 times the staking one's size. On Tuesday, $236.46M left US spot bitcoin funds as a group, the largest single-day withdrawal since July 31, and $201.18M of it - 85% - came out of that one. Ether funds did not follow. They took money in for twelve straight days through September 1, and the staking fund drew $11.20M that day, lifting its total since launch to $705M. WHAT BOTH COINS ARE PRICED AGAINST Safe money got dearer. The 10-year Treasury yield - what the US government pays to borrow for a decade - touched 4.81% on Wednesday, its highest since 2023, after Federal Reserve Chair Kevin Warsh said at Jackson Hole on August 28 that inflation has not meaningfully improved. Interest-rate futures now put the odds of a quarter-point rate INCREASE at the September 15-16 Fed meeting near 66%, from roughly 40% a week earlier. Set 1.66% beside 4.81% and staking is not turning ether into a savings account. What it changes is the category: something instead of nothing. THE TWO COMPANIES IN THE MIDDLE Coinbase, ticker COIN, at $176.80 (after hours), +$1.84 / +1.05%. The New York company runs the largest US crypto exchange, employs 4,951 people, and is also the custodian and the fee-taker inside somebody else's ether fund. Its June quarter, reported July 30: revenue - the money coming in the door - $1.22B, down 14% from the March quarter as industry trading volumes fell more than 20%. Blockchain rewards, which is what staking work pays it, came to $83M - small beside the $555M of subscription and service revenue that arrives whether or not anybody trades. Strategy, ticker MSTR, at $124.18 (after hours), +$0.99 / +0.80%. The Tysons Corner, Virginia company borrows money and sells its own shares to buy bitcoin, and held 845,050 coins on August 31. Two things follow. It owns no ether at all, so it answers exactly half of this page. And it paid an average $75,412 a coin, $63.73B in total, which leaves tonight's $77,708 just 3.0% above what the whole pile cost. WHERE THESE SIT No Len5 carries the funds, and none could: every one weighs a business - what it sells, what it keeps, who decides - and coins in storage have none of those parts. Coinbase and Strategy are businesses, and none of the six carries either. One fact settles most of it: both ended the last twelve months in a loss. Quality-Value hunts a durable business at a fair price, Deep-Value and Special-Situations one priced under what it looks worth, Growth expansion nobody is overpaying for, Hypergrowth an early company growing fast - all four need a profit to price against, and there is not one. Neither pays a dividend, which settles Income. Momentum watches a company climbing on news of its own, and tonight both drifted up behind a coin that moved 0.16%. WHAT WOULD CHANGE COINBASE: that $83M rewards line growing enough to carry a quiet quarter, since it is paid for work on other people's coins rather than for a busy customer. WHAT WOULD CHANGE STRATEGY: a reported profit that is not just the coin's own price written into the accounts. WHERE THIS BREAKS Crypto is volatile and speculative, and nothing here forecasts a price. A staking reward is not interest: it is new coins paid for work, the rate moves with how many people are doing it, the deposit can be docked, and a payment made in ether is worth whatever ether is worth. Flow tallies run a day behind, and every share price above is an after-hours mark made in the thinnest crowd of the day. One of these coins is built so the payment for securing it shrinks toward nothing, by a rule dated to 2028. The other pays for as long as somebody keeps doing the work. They sit under the same heading, in the same app, on the same page. Not investment advice.

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  Allen Paton (@N1bhoy) reported 1 hour ago

  @s12ocg @DIEGORTIIZ @coinbase Correct . Never had any problems sending before . Assuming Coinbase stopping people from transferring out of the exchange. Won’t be using Coinbase til fixed

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  Junar (@JunarXBT) reported 1 hour ago

  Educational content bitcoin:native CB negative = Short opportunity Coinbase premium is negative last 4 days price still falling down Spot volume is low and selling pressure is incoming all the exchanges This is the sign of flush incoming before next move. 75/74k is next level. currently sellers dominate the move

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  Jahkay (@CryptoSudoUser) reported 1 hour ago

  @asparagoid Coinbase had almost double the revenue in 2025 and has one of the largest crypto custody clients in the world. Yet they cannot figure out UX and mindshare. This is a leadership problem not a funding issue.

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  WOLF Crypto (@WOLF_Crypto_X) reported 1 hour ago

  COINBASE $COIN IS HAVING A LOADED WEEK - 🇺🇸 US homebuyers can use bitcoin:native as down-payment collateral, no selling, no margin calls. Coinbase One members get up to $10,000 back at closing. First mainstream crypto-collateralized housing product from a listed US company. - Switch between line and candlestick views, toggle the Y-axis between price and market cap, and customize by asset type. - 🇨🇦 Eligible Canadian investors can now trade crypto derivatives on Coinbase, a first for a regulated exchange in the country.