Trading halted on Coinbase - the largest United States crypto exchange - as bitcoin tanks

24 December, 2017, 02:34 | Author: Gladys Mathis
  • Illustration by Alex Castro  The Verge

Bitcoin's wild ride has gotten a huge amount of attention.

Buying and selling on popular cryptocurrency exchange Coinbase was disabled Friday. Take Thursday, December 21 for example: after Bitcoin dropped more than 5% in 24 hours, shares of both Bitcoin Trust (OTCMKTS:GBTC) and Riot Blockchain (NASDAQ:RIOT) dropped more than 15%.

The entire market for digital currencies was under intense pressure with bitcoin trading down 20% on Coinbase's GDAX exchange.

With that being said, I'm sad to report that it's not just Bitcoin struggling on Friday.

South Florida scores late TD to outlast Texas Tech in Birmingham Bowl
Facing fourth and three, the Red Raiders made a decision to go for it, but Shimonek was sacked by Senat for a loss of 10 yards. USF responded with an 11-play drive that covered 58 yards and ended with a 25-yard field goal from Emilo Nadelman.


Teacher gets bottle of wine from parents with student's face on label
His sister Sarah also attended Ascension. "The teachers deserve the wine, that's all I'm going to say", Mary told Buzzfeed . It's the gift that keeps on giving, especially for teachers or parents - wine.


Pension War Could End Toys R Us This Week
All the company's 84 toy stores, along with 3,200 jobs, would reportedly be at risk if the CVA is blocked. But it is believed Toys R Us does not have enough cash to meet this requirement.


The massive fluctuations in cryptocurrency prices are a result of investors' anxiety that the recent increases in their value represents a bubble, which will soon be followed by major losses.

Buys and sells on Coinbase, the largest cryptocurrency exchange in the United States, were disabled for a little over two hours Friday amid a massive cryptocurrency sell-off.

The morning of 22 December began with a rapid fall bitcoin exchange rate is 9.6%, that is 9:00 Moscow time its course has made 14,067 thousand dollars.

Considering we are approaching the new year, I'm sure those who have invested in Bitcoin did not want to have these sorts of worries going into 2018. Oldenburg goes on saying that investing in Bitcoin now would be the "riskiest" investment someone could make.

Recommended:

  • European Union  hits Uber with powerful body blow

    European Union hits Uber with powerful body blow

    The decision in theory applies to ride-hailing services around the 28-nation EU. Uber appealed this decision at the Employment Appeal Tribunal (EAT) this year.
    Universal Music Group and Facebook sign multi-year licensing agreement

    Universal Music Group and Facebook sign multi-year licensing agreement

    The agreement aims to foster increased engagement between artists and fans online by first allowing users to upload videos containing licensed music.
    Evan Longoria trade marks end of remarkable era for Rays

    Evan Longoria trade marks end of remarkable era for Rays

    Louis Post Dispatch that Cardinals execs "leave the Walt Disney Dolphin resort with good feel for what Tampa Bay would be willin". UPDATE, 4:02: It doesn't sound like the Rays and Cardinals will be making a deal today, Derrick Goold writing for the St.
  • LA Metro Offering Free Rides On Christmas Eve, New Year's Eve

    LA Metro Offering Free Rides On Christmas Eve, New Year's Eve

    Though some restaurants and bars will remain open on Sunday, check restaurant hours before you head out for lunch or supper. Walmart: Normal store hours (check your location) on December 23, and closing 6 p.m. on Christmas Eve .
    Cuba's Raul Castro term in office likely extended

    Cuba's Raul Castro term in office likely extended

    It's still unclear who would succeed Castro, who took power in 2008 and replaced late leader and brother Fidel Castro. Since then, Raul Castro said that there should be age limits for which an individual can serve in the government.
    Trudeau's tropical vacation broke rules, says ethics czar

    Trudeau's tropical vacation broke rules, says ethics czar

    On both occasions, the report states that Trudeaus were told that the Aga Khan and his family "may or may not be present". We need to make sure that the office of the prime minister is without reproach'.
  • Tesla's upcoming navigation overhaul could pave the way for Autopilot

    Tesla's upcoming navigation overhaul could pave the way for Autopilot

    In other words, don't be surprised if it ends up in an updated version of Musk's blooper video. Photos shared on Instagram show the Tesla Roadster being prepped for the Falcon Heavy rocket.
    Tristan Thompson Writes heartfelt letter to Khloe Kardashian about pregnancy

    Tristan Thompson Writes heartfelt letter to Khloe Kardashian about pregnancy

    "My love, Thank you for allowing me to be apart of your journey and entering your life that day at the bel air hotel", he begins. I had been waiting and wondering but God had a plan all along.
    Reported flu cases triple locally

    Reported flu cases triple locally

    Reported cases are slightly higher than this time previous year ; however, influenza activity typically does increase in December. Last week , a Yukon elementary school was forced to close its doors after 115 students and 10 teachers called in sick.
  • Apple has admitted to intentionally slowing down older iPhones

    Apple has admitted to intentionally slowing down older iPhones

    But it's largely shrugged off with smartphones - it doesn't help that the battery is not user replaceable. Geekbench reports that iOS 11.2.0 introduces similar throttling for low iPhone 7 low capacity batteries.
    European Union  court rules Uber a transport service

    European Union court rules Uber a transport service

    The decision by the Luxembourg-based European Court of Justice in theory applies to ride-hailing services around the 28-nation EU. This ruling will not change things in most European Union countries where we already operate under transportation law.

    Diddy Wants to be the New Owner of the Carolina Panthers

    Kaepernick, who started a movement when he knelt during the National Anthem to protect racial injustice, is unsigned. Rivera said he hopes the team stays in Charlotte under any new owner, where it has been since its creation in 1995.


Popular

Durban Christmas church services
John's Lutheran Church, 1701 Tiffin Ave., will observe the fourth Sunday of Advent with services at 9:30 a.m. First English Lutheran Church , 701 Fairhurst St. - 10:30 a.m. worship service Sunday, Dec. 24 and 6 p.m.

Major, among four soldiers killed in Pak firing along LoC
Sepoy Pargat Singh (30) belonged to Karnal district in Haryana and is survived by wife Ramanpreet Kaur and a son, the Army said. Sources said after the incident, alert was sounded along the forward locations in twin border districts of Rajouri and Poonch.

White House denies Trump said Haitian immigrants 'all have AIDS'
But the Times says several other participants told them they "did not recall" the President using those words. Trump was said to be angered by the rising number of immigrants in the USA despite his travel bans.

Vince McMahon's Entertainment Company Files for Several XFL Trademarks
Anyone who grew up with the WWE (or WWF back in the day) will remember the company's eccentric owner Vince McMahon . The trademarks, which were "abandoned" between 2002 and 2005, also cover merchandise related to a potential league.

Dave Chappelle to Drop Two Netflix Specials on New Year's Eve
How's this for a holiday gift: Dave Chappelle will be dropping not one, but two new stand-up specials on Netflix come New Years. He then goes on to describe how " poor white people" thought Trump would help them.

Royal Relative Accused of Donning Blackamoor Jewelry to Offend Meghan Markle
Since then, headlines about her joining the Royal family and moving to London can be seen nearly anywhere. And this is why, even if you want to call her a scheming prince-digger, I'm here for it.

'Hit-man' Rohit Sharma's joint fastest century seals series for India
For the uninitiated, Miller had also scored his century in 35 balls against Bangladesh at Potchefstroom in October 2017. The 30-year-old scored his second T20I century off just 35 balls which is the second fastest century in the T20 format.

José Mourinho's Manchester United fall on famous night at Bristol City
Willian tapped in the opener in the 13th minute, and extra time was looming after Dan Gosling curled in a 90th-minute equaliser. I think they lost a good opportunity also to play semi-finals and also to have two more matches to play.

Long Island Iced Tea changing name to Long Blockchain
In particular, we're interested in following the company's shift to the blockchain and excited to see the results of this shift. So, it's no surprise that LTEA is seeing massive gains in the pre-market this morning after making the announcement.

First PUBG patch on Xbox One goes live
And now we wait for the inevitable patch that improves the performance of PUBG on Xbox One by a significant amount. Players of the phenomenal game " PlayerUnknown's Battlegrounds " may soon be able to pick maps for their matches.