Sentences with phrase «global bitcoin trading»

As a result, yen to bitcoin transactions now account for around 40 percent of global bitcoin trading volumes.

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

Until recently, 95 percent of global Bitcoin trading was done though Chinese exchanges.

During the last few days, global Bitcoin trading volumes have also hit all - time highs.

For the past three years, only 1 Hong Kong - based bitcoin exchange Bitfinex was able to evolve into a major global bitcoin trading platform.

According to statistics from data sites like Crypto Compare and Coinmarketcap, Japan has taken the lead in global bitcoin trade volume.

Just 15 percent of global bitcoin trade against Japan, Korea, and the USA, which equal to 80 percent,»

China only accounted for around 10 to 13 percent of global bitcoin trades prior to the ban and thus, the ban should really have only affected 10 to 13 percent of traders.

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

While China in the past accounted for the bulk of global bitcoin trading activity, the country's share has dropped dramatically since the government started making moves to cool the market.

Bloomberg reported 21 percent of global bitcoin trades during a 24 - hour burst in activity last week involved Korean won.

The People's Bank of China (PBoC) released twin statements this morning, outlining that it had met this week with representatives from BTCC, as well as Huobi and OKCoin - exchanges which host the majority of global bitcoin trading today - and warned them about remaining in compliance with state laws and regulations.

The Japanese yen has dominated global bitcoin trade markets month over month this year and occasionally captured well over 60 percent of the world's BTC trade volume.

At the time of this writing, both Bitfinex and Coinbase's exchange, GDAX, accounted for nearly one tenth of global bitcoin trades over the previous 24 hours.

This move is especially noteworthy given that the South Korean won was the second most - used currency in global bitcoin trading behind the U.S. dollar last year.

According to various trusted Bitcoin market data providers such as CryptoCompare, China only accounts for 6.4 percent of global Bitcoin trades at the time of reporting.

Japan has often captured the number one spot in global bitcoin trade volume.

Just 15 percent of global bitcoin trade against Japan, Korea, and the USA, which equal to 80 percent,» said Kikvadze.

Even though the Chinese bitcoin exchange market was not a major market to begin with as it only accounted for 10 to 13 percent of global bitcoin trades prior to the ban, the bitcoin mining industry of China is accountable for a large portion of the global bitcoin hash rate.

But, even then, trading volumes OTC markets in China only account for tens of millions of dollars worth of Bitcoin trades on a weekly basis, which is a small fraction of global Bitcoin trading volume in contrast to leading exchanges such as Bithumb which process hundreds of millions of dollars in trades on a daily basis.

China has long dominated global bitcoin trading and mining activities.

But many Chinese have turned to cryptocurrency investments as a way to make money away from the prying eyes of authorities, which is probably the main motivation for a series of stringent measures that have collapsed China's share of global bitcoin trading.

Separately Tokyo's Mt. Gox, which once handled around 80 % of the global bitcoin trades, filed for bankruptcy in 2014, after losing some 850,000 bitcoins, Reuters reported.

At the time of writing, on CoinMarketCap, the BTC / CAD trading pair accounted for 0.05 percent of the global bitcoin trading volume.

China was the biggest player by far, capturing over 80 percent of the global Bitcoin trade volume, according to some reports.

One of the things I'm most excited about is our support for the global Bitcoin trading community.

Binance made up 14.22 percent of global Bitcoin trading, followed by Upbit with 13.06 percent and Bithumb with 10.53 percent.

By 2013, it had nearly 1.1 million active accounts from 239 countries and handled upwards of 90 percent of global bitcoin trading.

Today, the Chinese bitcoin exchange market accounts for less than 5 percent of global bitcoin trades and in four weeks time, China's bitcoin exchange market will have no trading activity at all.

Prior to the imposition of a nationwide ban on Chinese exchanges, the Chinese bitcoin exchange market accounted for around 10 to 13 percent of global bitcoin trades.

With a reported 75.7 % share of the South Korean bitcoin market volume, Bithumb is one of the five largest bitcoin exchanges in the world and hosts over 13,000 bitcoins worth of trading volume daily, or roughly 10 percent of the global bitcoin trade.

According to Bitcoinity, over the last 24 hours, the share of Chinese stock exchanges OKCoin and BTCChina in the global bitcoin trading volume reached 21.67 % and 14.5 % respectively.

Presently the global ranking of CNY has stumbled down to the 20th place and accounts for just 0.03 % of global bitcoin trading volume.

After allegedly capturing roughly 70 percent of the global bitcoin trade volume, the country's national currency CNY now represents less than 0.02 percent according to data from online exchanges.

Weese revealed that Huobi, OKCoin, BTCC (which operate as Huobi Pro) and OKEx now account for seven percent of global Bitcoin trades.

Bitcoin price has already surpassed $ 12,000 in both South Korea and Japan, two major Bitcoin markets that are accountable for approximately 74 % of global Bitcoin trades.

Prior to the nationwide ban on Chinese exchanges, the mainland market accounted for 10 - 13 % of global bitcoin trades.

Three main Chinese crypto exchange platforms, BTCChina, Huobi and OKCoin, account for more than 98 % of the global bitcoin trading volume.

The South Korean cryptocurrency market accounts for a relatively small percentage of global Bitcoin trades, but has nonetheless played a crucial role in bringing RIpple's market capitalization from $ 40 billion to $ 88 billion.

Back in 2017 the Korea Herald reported that Bithumb accounted for about 10 % of the global Bitcoin trade.

Currently, Global Bitcoin traded volume being lead by the Far East.

«At present, China's trading volume has declined drastically,» Wo said, as China is no longer the dominating force it once was when it comprised more than 90 % of the global Bitcoin trading volume.

The Chinese cryptocurrency exchanges OKCoin and Huobi, former leaders of the global bitcoin trading, now have the fifth and the tenth place with shares of 9.48 % and 5.18 % respectively.

Just a year ago, China was responsible for ninety percent of global bitcoin trade.