Sentences with phrase «bitcoin auction volume»
Because the bitcoin auction volume is so low, it appears that a calculating trader could artificially influence the auction price to capitalize on futures positions.
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Then, on January 8, 2018, the Gemini auction hosted a volume of 102 bitcoin, corresponding to an auction price of approximately $ 14,938 per bitcoin, and a total notional value of $ 1.52 million.
The auction hosted a remarkably high volume today, with approximately 617 bitcoin changing hands.
Notably, today's 4 p.m. auction price ($ 10,900) determined the final settlement price for CBOE's first bitcoin futures, which might help explain the unusually high volume.