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Bitcoin exchange Coinbase crashes after Asian buying frenzy


The Register

Coinbase suffers outages amid bitcoin surge

(Reuters) - Coinbase said on Thursday it suffered outages this week as the bitcoin exchange saw "unprecedented traffic and trading," with the digital currency hitting record levels.
Reuters India Also reported by •Reuters

Videos for coinbase

News video: Coinbase is more bullish on bitcoin than ever

Coinbase is more bullish on bitcoin than ever 06:17

Coinbase co-founder Fred Ehrsam weighs in on the bitcoin vs. blockchain debate and gives his outlook for the industry.
Source: Yahoo Finance: Investing -

 

Bitcoin Is Crashing

bitcoin is crashing
What goes up exponentially, falls vertically... or something like that... Bitcoin has plunged 13% in the last few minutes... no catalyst evident for now... Bear in mind this plunge merely..
Zero Hedge

Bitcoin is soaring — here's what the cryptocurrency is all about

bitcoin is soaring — here's what the cryptocurrency is all about
Bitcoin is a currency just like the US dollar or Mexican peso. It's also back in the headlines for soaring in value. One bitcoin was worth $2,800 on May 25, up from $1,200 at the end of April. In..
Business Insider

Bitcoin Explodes, Trades Above $4,000 In South Korea

bitcoin explodes, trades above $4,000 in south korea
In recent weeks it has been Japanese demand (and notable premia) that has driven the exponential rise in Bitcoin, but recently, as CoinTelegraph reports, it has been *South Korea. *Overenight saw..
Zero Hedge

Inside Bitcoin’s Crazy Run: 4 Reasons the Digital Currency Has Surged 40 Percent in 10 Days

inside bitcoin’s crazy run: 4 reasons the digital currency has surged 40 percent in 10 days
Bitcoin — the digital “cryptocurrency,” popular online for its anonymity  — has been on a massive run, with the price of a single bitcoin jumping by more than 40 percent in the past 10..
The Wrap

Fidelity Is Mining Bitcoin, CEO Abigail Johnson Admits

fidelity is mining bitcoin, ceo abigail johnson admits
In what bitcoin geeks undoubtedly interpreted as a sign of bitcoin’s renewed relevance now that its price is at all-time highs, Fidelity CEO Abigail Johnson told *CoinDesk’s Consensus conference..
Zero Hedge

Fidelity to allow clients to see digital currencies on website

NEW YORK (Reuters) - Fidelity Investments will allow its clients to see their holdings of bitcoin and other virtual currencies held on digital asset exchange Coinbase on the company's website, said..
Reuters

PayPal Should Buy Coinbase


SeekingAlpha

Bitcoin Soars Above $1,600 On Relentless Japanese Buying Frenzy

bitcoin soars above $1,600 on relentless japanese buying frenzy
Four days ago we reported that bitcoin has surged above $1,400, hitting a new lifetime high, while rising above $1,500 on certain Chinese exchanges. Since then, bitcoin's latest exponential rise has..
Zero Hedge

We bought and sold bitcoin — here's how it works

we bought and sold bitcoin — here's how it works
A year and a half ago, the idea of buying the virtual currency bitcoin was laughable. After a rapid rise in value in 2013, the cryptocurrency's value more than halved by mid-2015. At its lowest..
Business Insider

Bitcoin, Etherium Hit New All Time Highs Amid Buying Frenzy, Liquidity Squeeze

bitcoin, etherium hit new all time highs amid buying frenzy, liquidity squeeze
The price of Bitcoin accelerated its recent exponential trend higher, soaring to daily all-time highs over the past few days, rising above $1,300 on Friday, then pushing $1,400 on Monday, and even..
Zero Hedge

Ethereum Surges To All Time High As SEC Considers Ether-based ETF

ethereum surges to all time high as sec considers ether-based etf
Yesterday holders of bitcoin got an unexpected, if pleasant surprise courtesy of the SEC which announced that two months after deciding against a bitcoin ETF, it would review its decision, suggesting..
Zero Hedge

Coinbase plans Ethereum messaging app

Bitcoin exchange and virtual wallet operator Coinbase is bidding to emulate China's hugely popular W...
Finextra

A Bitcoin civil war is threatening to tear the digital currency in 2 — here's what you need to know

a bitcoin civil war is threatening to tear the digital currency in 2 — here's what you need to know
There's a civil war in the bitcoin community over the digital currency's future. Developers, miners, and other stakeholders are locked in a heated debate over how best to scale the network, with..
Business Insider

Coinbase gets NYDFS green light to offer Ethereum and Litecoin trades

Financial Services Superintendent Maria T. Vullo today announced that the New York State Department...
Finextra

New York grants license to trade more virtual currencies

New York authorities today granted a license to Coinbase to trade in two additional virtual currencies, expanding the company's services which already included Bitcoin starting in January.
DNA

A tax-light Apple, a porn-free Google, and borrowed bitcoin

In what passes for innovation in Cupertino these days, Apple announced a new red iPhone Monday. If a digital currency doesn’t strike you as inherently risky, how about borrowing money to place wagers..
SFGate

Bitcoin's 'Fork' In The Road

bitcoin's 'fork' in the road
Authored by Vinny Lingham, *I’ve been very surprised with the amount of vocal support for a Bitcoin Hard Fork - especially from many Bitcoin supporters who believe it is either inevitable or..
Zero Hedge

Ethereum Explodes Above $30, Soars 35% In Past 24 Hours

ethereum explodes above $30, soars 35% in past 24 hours
While much of the media and public attention has been understandably focused on Bitcoin in recent months, a far more dramatic move has taken place in Bitcoin's less popular peer, Ethereum. To be sure,..
Zero Hedge


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