Coinbase
Coinbase rebounds after earnings miss and aws outage
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Coinbase shares recovered 10 percent from session lows on Friday following a weaker-than-expected first-quarter report and a multi-hour trading outage tied to Amazon Web Services failures. Bitcoin held above $80,000 while several altcoins posted gains of 5 to 12 percent.
Bitcoin stayed above 80,000 dollars on Friday while altcoins led gains across crypto markets. Coinbase shares recovered 10 percent from session lows after the exchange reported a quarterly loss.
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A Coinbase executive and crypto adviser predict the Senate Banking Committee will hold its markup on the Digital Asset Market Clarity Act this month, leaving time for a potential Senate floor vote in June as lawmakers target July 4 passage.
Coinbase has rolled out commission-free trading of US-listed stocks and exchange-traded funds to all its American customers, operating 24 hours a day, five days a week. This expansion aims to position the platform as an 'everything exchange' by integrating traditional assets with cryptocurrency services. Users can fund trades using US dollars or the USDC stablecoin and purchase fractional shares starting at $1.
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A poll of 1,000 American crypto investors reveals that over half are scared of facing IRS penalties due to new automatic reporting requirements for digital asset transactions. Crypto tax platform Awaken Tax conducted the survey at the end of January, highlighting concerns over the shift from self-disclosure to mandatory disclosures by exchanges. The rules, effective for 2025 transactions, aim to curb tax evasion but have sparked confusion among users.
The Motley Fool has published an article suggesting that the current moment presents one of the best opportunities to buy a crypto-related stock in years. The piece focuses on Coinbase, predicting continued growth for the company as the broader cryptocurrency market recovers. This outlook was shared in a piece dated February 3, 2026.
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The UK's Advertising Standards Authority has banned advertisements from cryptocurrency exchange Coinbase for trivialising the risks of investing in crypto. The ads, which depicted the country in economic disrepair, suggested that cryptocurrency could address financial woes. Coinbase has expressed disagreement with the decision.
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