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"During periods of heightened activity, conversions rely on USD transfers from the banks that clear during normal banking hours," Coinbase said in its tweet announcing the conversion pause. "When banks open on Monday, we plan to re-commence conversions." Original Source
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● Bitcoin (BTC): $20,272 −9.5% ● Ether (ETH): $1,615 −6.4% ● CoinDesk Market Index (CMI): $1,019 −7.1%
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Crypto traders are still evaluating the potential impact of soaring oil prices on bitcoin's price. Original Source
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Coinbase experienced a brief outage yesterday as investors raced to the crypto exchange, propelled, in part, by a fear of missing out. FOMO is seen elsewhere in the market, as derivatives products soar 300% on daily trading volumes and Grayscale reported a notable uptick in shares of its Bitcoin Trust. Meanwhile, a16z
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