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Coinbase Goes Down Again as Bitcoin Price Action, Volatility Heat Up Again

Coinbase is experiencing another outage of its website and mobile apps.

Updated Sep 14, 2021, 10:35 a.m. Published Nov 26, 2020, 2:21 p.m.
coinbase-outage

Coinbase is experiencing another outage of its website and mobile apps, a reoccurrence of a problem that seems to plague the leading cryptocurrency exchange whenever bitcoin's price and volume spike.

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This comes on the heels of issues yesterday that affected Coinbase and a large swath of the internet when cloud provider AWS experienced outages. As other sites are also still reporting issues, it's possible Coinbase's problems are still being caused by the AWS troubles.

Coinbase has suffered a number of outages during busy trading periods this year including most recently on Nov. 16. The most recent outage comes as bitcoin (BTC) is down 11.54% to $17,120 at press time.

UPDATE: 11/26/20 15:06 UTC: Updated with reasons for outage.

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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

Solana CME futures first-day activity compared to BTC and ETH debuts. (CME/K33 Research)

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

What to know:

  • Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
  • Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
  • Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.