Coinbase Halts Ether and Litecoin Trading as Crypto Market Approaches $500 Billion







IN BRIEF
Coinbase, the popular cryptocurrency trading platform, blocked users Tuesday from buying litecoin and ether. Investors poured into the two red-hot digital currencies Tuesday morning, pushing them both to new heights.
Cryptomania has propelled two lesser-known cryptocurrencies to record highs Tuesday, forcing one exchange to halt trading.
Coinbase on Tuesday halted trading of red-hot litecoin and ether, according to cryptocurrency watcher CoinDesk. The publication tweeted a photo showing Coinbase “temporarily disabled” trades of the two digital coins on its platform.
Coinbase’s status page showed ethereum and litecoin were experiencing major outages.
Both litecoin and ether hit all-time highs Tuesday morning.
Ether hit $600 a token, while litecoin gained more than 40% to $312.

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