This Altcoin Hits 1-Month Peak After Boost From Bithumb: Details Here

TL;DR A low-cap cryptocurrency posted solid gains after Bithumb said it will launch trading services with ￰0￱ recently, the company suffered a technical outage that paused all operations for more than an hour and a ￰1￱ Monthly Record Most leading cryptocurrencies have shown little to no substantial movements in the past 24 hours, but some lesser-known altcoins have defied the ongoing ￰2￱ the examples is Euler (EUL), whose price pumped by double digits and briefly surpassed $13.30. This marked the highest level witnessed in the last five weeks, while shortly after, the valuation retraced to the current $10.70 (per CoinGecko’s data). EUL Price,), Huma Finance (HUMA) , and Hyperlane (HYPER) have also benefited in the past several months from Bithumb’s ￰3￱ is important to note that the Korean entity is not the only crypto platform giving the thumbs up to the ￰4￱ Japan listed the EUL/USDT perpetual contract, providing up to 20x leverage.

Bithumb’s Issues According to a recent report , the crypto exchange experienced a complete trading service outage on September 2, which lasted roughly one hour and 40 minutes. “My thought that night was: Beginners should never go all-in with their money. I just had a taste of ￰5￱ minute felt like an hour. I really hope nothing this strange ever happens again at Bithumb,” one user supposedly ￰6￱ a disruption isn’t a precedent for the trading ￰7￱ November 2017, there was another incident that halted all operations for about an hour and a ￰8￱ then, the disruption was attributed to a sudden spike in trading volume caused by enhanced price volatility in the crypto ￰9￱ Hun-seung of the main opposition People Power Party claimed that South Korea’s top five crypto exchanges suffered a total of 89 system failures between 2018 and ￰10￱ leads the way with 41 cases, while Upbit reported 28.