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Musk-fuelled bitcoin surge triggers cryptocurrency exchange glitches

The electric-vehicle company's move marked the latest step toward mainstream acceptance of bitcoin

bitcoin, cryptocurrency, digital
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San Francisco-based cryptocurrency exchange Kraken said it had re-enabled sign-ups after temporarily disabling them earlier in the day because of heavy traffic leading to connectivity issues with its website

Reuters
Major cryptocurrency exchanges experienced technical issues on Monday as trading volumes soared after billionaire Elon Musk's Tesla Inc revealed it had purchased $1.5 billion of bitcoin and would soon accept it as a form of payment.
 
The electric-vehicle company's move marked the latest step toward mainstream acceptance of bitcoin, sending it 10% higher on expectations that other companies will soon join asset manager BlackRock Inc and payments companies Square and PayPal in backing the cryptocurrency.
 
San Francisco-based cryptocurrency exchange Kraken said it had re-enabled sign-ups after temporarily disabling them earlier in the day because of heavy traffic leading to connectivity