Coinbase Criticized for Crashes at Bitcoin $70k and Not Listing $2B Meme Coins

Concerns are growing among cryptocurrency enthusiasts and investors regarding Coinbase's operational reliability and its listing policies. Users have reported that Coinbase, a leading cryptocurrency exchange, tends to crash during periods when Bitcoin approaches new all-time highs, specifically noted to have occurred three times, raising suspicions of potential market manipulation. Additionally, there is a call from shareholders, including one identifying as a $COIN shareholder, for Coinbase to list popular meme cryptocurrencies $PEPE and $WIF, both having market valuations over $2 billion each. The demand for these listings underscores a desire among investors to have access to a broader range of assets on the platform. The situation is further complicated by the recent instance where Bitcoin reached $70k, a significant psychological level, which led to massive liquidations of leveraged positions.