<p>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.</p>.<p>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.</p>.<p>San Francisco-based cryptocurrency exchange Kraken said it had temporarily disabled sign-ups after heavy traffic led to connectivity issues with its website, while peers Gemini and Binance said their systems were currently experiencing difficulties.</p>.<p>Coinbase, founded in 2012 and among the most well-known cryptocurrency platforms globally, said on its website that no issues had been reported on Monday.</p>.<p>However, digital currencies news site CoinDesk said the exchange was experiencing difficulties. https://bit.ly/2LwEh4F</p>.<p>"Our platform is fully up and running and has been throughout the recent trading surges," a spokesman for Coinbase told Reuters.</p>
<p>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.</p>.<p>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.</p>.<p>San Francisco-based cryptocurrency exchange Kraken said it had temporarily disabled sign-ups after heavy traffic led to connectivity issues with its website, while peers Gemini and Binance said their systems were currently experiencing difficulties.</p>.<p>Coinbase, founded in 2012 and among the most well-known cryptocurrency platforms globally, said on its website that no issues had been reported on Monday.</p>.<p>However, digital currencies news site CoinDesk said the exchange was experiencing difficulties. https://bit.ly/2LwEh4F</p>.<p>"Our platform is fully up and running and has been throughout the recent trading surges," a spokesman for Coinbase told Reuters.</p>