While Ensuring Fund Security, Coinbase Reports System Challenges as BTC Continues to Decline

Coinbase has released a statement acknowledging ongoing system issues and assuring users that their funds are safe. The platform is actively working to resolve these problems.

Concurrently, Bitcoin is furthering its decline from Thursday’s losses.

Bitcoin price chart

There’s a buzz going around about SpaceX, the company led by Elon Musk, selling its Bitcoin investments.

According to a report from The Wall Street Journal, it’s rumored that SpaceX has decided to get rid of all its Bitcoin holdings, which were worth a substantial $373 million USD.

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This news has caught the attention of the cryptocurrency community and financial observers alike, as it raises questions about the motives behind this move and its potential impact on the market.

People are curious to know whether this signals a broader trend among big companies and what it could mean for the future of Bitcoin.


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