Sentences with phrase «countrys bitcoin trading volume»

It is no coincidence that Bitmain, the worlds largest Bitcoin mining equipment manufacturer, is a Chinese company.While China still dominates crypto mining and mining equipment manufacturing, the countrys Bitcoin trading volume has fallen.

Not exact matches

The Singapore dollar makes up 0.02 percent of daily global bitcoin trading volume but the country has emerged as a hub for ICOs.

In 2017, the Chinese government shut down the country's bitcoin trading exchanges, which until then accounted for nine - tenth of the digital currency's global volumes.

This is expected to change over time as more bitcoin exchanges gain trading volume in different countries thereby weakening the impact of regional variances.

China is still the dominant country for bitcoin trading volume, price discovery and mining power.

More importantly, it is beneficial for the long - term health of the global bitcoin market that trading volumes from China are moving to Japan and South Korea, two countries that have the most practical and efficient regulatory frameworks for both bitcoin investors and businesses.

«Hey guys, bitcoin trading might be banned in China, but we just realized that there is way more volume in other countries.

China's National Committee of Experts on the Internet Financial Security Technology said bitcoin trading volume in the country has reached CNY21.708 billion (US$ 3.193 billion) in May — about four times higher compared to April, China Tech News reported.

It's also clearly helping to increasing BTC trading volumes in the country by giving a chunk of its customer base the option to pay in Bitcoin: Forex Magnates noted last week that China's largest Bitcoin exchange, BTC China, had more than doubled following the Baidu news.

Japan has not reduced it's trading volume but US has increased it's trading volume which clearly means that Bitcoin trading volume is increasing in both the countries.

Bitcoin investing has boomed on the continent as LocalBitcoins trading volumes for countries such as Kenya, Nigeria, and South Africa show.

This is evidenced by the Google Trends charts that shows South Africa sitting at the top as well as the country's bitcoin trading volumes and thriving local bitcoin economy.

While China still dominates crypto mining and mining equipment manufacturing, the country's Bitcoin trading volume has fallen.

Among the countries that have emerged as the largest markets for the virtual currency is Japan which now boasts of 61 % of the worldwide trading volume for Bitcoin with 2.7 % of the country's population holding the virtual currency.

Such a decision coming from China, a country that contributed to major bitcoin trading volumes, was received with pessimism and the Bitcoin slipped below $ 4000 soonbitcoin trading volumes, was received with pessimism and the Bitcoin slipped below $ 4000 soonBitcoin slipped below $ 4000 soon after.

Argentina is not in the list of countries with the most important Bitcoin trading volume.

Take a look at the surge in Bitcoin trading in the country — Localbitcoins volume data.

Interesting to note that many of these countries listed below are showing high traded Bitcoin volume and adoption.

The country is one of the world's largest bitcoin markets with the weekly trade volume of 320 million rubles or $ 5.19 million, as of the end of December.

On September 21, the country surpassed China in terms of Bitcoin trading volume, as traders move out of China due to the restrictions imposed.

However, in the past 24 hours, the price of Bitcoin Cash increased from $ 995 to $ 1,250, with volume heavily concentrated on OKEx, the Hong Kong - based cryptocurrency exchanges operated by OKCoin, formerly the largest cryptocurrency exchange in China prior to the country's cryptocurrency trading ban in September 2017.

G20 — an organization of twenty countries that represent almost all of the worlds trade volume, may be taking time out of their busy schedule to discuss bitcoin and other cryptocurrencies and how they can be legislated.

On December 15, bitcoin was trading at over 20.2 million won (~ USD$ 18,500), according to data from one of the country's largest cryptocurrency exchanges by volume, Bithumb.

The country's financial exchanges also account for nearly half of global bitcoin trading volume.

The banks in question have ties to the country's bitcoin exchange ecosystem, which in recent months has seen elevated trading volumes and prices trading at high premiums compared to other marketplaces around the world.

Virtual currencies like Bitcoin and Ethereum are traded on the Bithumb cryptocurrency exchange in South Korea and based on recent trading volumes, it is the country's biggest and one of the five largest exchanges in the world.

While it's true that Russia currently contributes to a very small part of Bitcoin's global trading volumes, once the country officially recognizes Bitcoin and begins to regulate its market, we expect Russia's contribution to grow.

The government's efforts came amid rising bitcoin trading volumes in the country.

Ever since the Chinese government demanded in September that bitcoin exchanges in the country shut down, China's on - exchange bitcoin trading volume has all but disappeared.

Trading volume on peer - to - peer exchanges broke another all - time high in most of South America, Russia, and even in the U.S. South America Following Venezuela According to recent stats, Bitcoin continues to gain popularity presenting itself as a way out from accentuated inflation, demonetization policies and general economic and political uncertainty in troubled countries.

The exchange's website displays its 24 - hour bitcoin trading volume as 44,040 BTC at the time of writing, which would put it ahead of the country's largest exchange, Bithumb, which recorded approximately 20,250 BTC in the same time period.