Bitcoin continues to trade steadily this morning around US$30,200 after a week of high volatility last week and on the back of a turbulent trading day on Wall St on Friday.

Tether, the multibillion dollar ?stablecoin? that serves as the largest bank in the cryptocurrency economy, has paid out more than US$10bn in withdrawals since the crypto crash began in early May. Public blockchain records show US$1bn worth of Tether was cashed out after midnight on Saturday.

And Coinbase co-founder Fred Ehrsam purchased more than one million shares of Coinbase, worth an estimated US$75m, after the stock?s price plunged following the company?s weaker than expected earnings report.