Home » livecoin exchange review » Coinbase halts ether and litecoin trading – Business Insider

Coinbase halts ether and litecoin trading – Business Insider

Coinbase halts ether and litecoin trading - Business Insider

  • Coinbase, the popular cryptocurrency trading podium, blocked users Tuesday from buying red-hot litecoin and ether.
  • Investors poured into the two red-hot digital currencies Tuesday morning, pushing them both to fresh heights.
  • On Tuesday, litecoin klapper a record of $312, and ether soared to more than $600 for the very first time.
  • The cryptocurrency market is gunning for $500 billion.

Cryptomania has propelled two lesser-known cryptocurrencies to record highs Tuesday, forcing one exchange to halt trading.

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Coinbase Coinbase on Tuesday halted trading of red-hot litecoin and ether, according to cryptocurrency watcher CoinDesk. The publication tweeted a photo displaying Coinbase “temporarily disabled” trades of the two digital coins on its toneel.

Coinbase’s status pagina displayed ethereum and litecoin were experiencing major outages.

Both litecoin and ether succesnummer all-time highs Tuesday morning.

Ether succesnummer $600 a token, while litecoin gained more than 40% to $312.

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Across the market for digital coins, fresh investors are pouring ter. The Ten largest cryptocurrencies were all trading ter the green Tuesday, according to gegevens provider CoinMarketCap.

At the time of print, the entire market almost reached $500 billion. Cryptocurrencies volumes approached record highs above $35 billion.

The launch of bitcoin futures by Cboe General Markets, the Chicago exchange group, further shoved bitcoin and other cryptocurrencies into the zoeklicht. The fresh futures market, which went live Sunday, could pave the way for a bitcoin-linked exchange-traded fund and uitwasemen bitcoin’s spine-tingling volatility. Of course, the 1,000% plus comes back across the market has also piqued the rente of Wall Street and Main Street investors.

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Enthusiasts think the newfound rente te the crypto world will intensify te 2018.

“2018 will be the year of mass public awareness for bitcoin and cryptocurrency,” Perry Woodin, CEO of Node40, said ter ready remarks sent to Business Insider. “It is going to be the year when every friend and relative will want to know how much you have and how to purchase it.”

Still, many market watchers see a massive bubble te the crypto-market. Even Mike Novogratz, a famed hedge fund manager turned crypto-investor, called it “the largest bubble of our lifetimes.”

Litecoin’s founder also chimed ter on the madness. The former director of engineering at crypto exchange Coinbase tweeted a dire warning for potential litecoin holders Monday night:

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“Sorry to spoil the party, but I need to reign te the excitement a bit,” he wrote. “Buying LTC is enormously risky. I expect us to have a multi-year bear market like the one wij just had where LTC dropped 90% ter value ($48 to $Four). So if you can’t treat LTC ripping off to $20, don’t buy!”

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A spokeswoman for Coinbase told Business Insider, “The webpagina is observing high traffic volume at the uur and some users may be experiencing intermittent service outages.”

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2 thoughts on “Coinbase halts ether and litecoin trading – Business Insider

  1. mysticjourney says:

    yes te today’s truly have to be careful let alone trade ter digital currency. because the responsibility is held by our own. if wij are not careful then wij will lose some of our assets.

  2. sholmes8877 says:

    The interface is nicely designed and relatively effortless to use. Everything is just a click away, and switch inbetween the markets is swifter than on the other exchanges. I never had problems with livecoin.

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