Coinbase announced the launch of its Coinbase Oracle API, a price feed that provides verified data for two pairings at present – BTC/USD and ETH/USD.
Reportedly, the spike in trading volume came between Thursday and Friday, sending the trading volume on the exchange to $2 billion.
After news of Coinbase’s VISA principal membership was announced last month, Coinbase users can now enjoy using their Coinbase Debit Card via Google Pay.
Bitcoin transaction batching is utilized to reduce processing time on the Bitcoin blockchain and allows Coinbase users to enjoy lower network fees.