COINBASE GLOBAL INC: TEMPORARY SUSPENSION OF USDT (TETHER) DEPOSITS ON ARBITRUM AND POLYGON NETWORKS DUE TO EXTERNAL NETWORK PROBLEM
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 20 2026
0mins
Source: moomoo
Service Interruption: Coinbase Global has temporarily suspended USDT deposits on the Arbitrum and Polygon networks.
Reason for Suspension: The suspension is due to external network issues affecting the availability of these services.
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Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 150.110
Low
230.00
Averages
361.63
High
440.00
Current: 150.110
Low
230.00
Averages
361.63
High
440.00
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the onchain economy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. The Company offers products and services to various customer groups: consumers, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime trading, markets, base protocol and Coinbase wallet. The Company also provides market infrastructure in the form of exchanges for customers to trade spots and derivatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Listing Plans: Bitmine's Series A preferred shares will be traded on the NYSE under the ticker BMNP, which will provide the company with increased capital inflow and enhance its market visibility.
- Total Asset Scale: Bitmine's total assets, including cash, liquidity, and other crypto assets, amount to $10.7 billion, showcasing its strong financial foundation and laying the groundwork for future expansion and investment opportunities.
See More
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- Investment Value: Bitmine has staked 4,718,677 ETH, valued at $8.2 billion based on the current price of $1,733, which not only strengthens the company's balance sheet but also lays the groundwork for future investment returns.
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