With
the global cryptocurrency trading volume drying up by the day, it is also becoming increasingly likely that whales will attempt to swing the market from one direction to another in an attempt to make a profit.
Throughout most of 2017, China accounted for a significant share of
the global cryptocurrency trading volume, which came to an abrupt end in September 2017 when the government announced a blanket ban on cryptocurrency trading.
In fact, 50 percent of
global cryptocurrency trading volume takes place in South Korea, which is no mean feat considering its population of less than 50 million.
Not exact matches
Malta, the New Leader in Crypto
Trading Volume The winds of change are blowing strong as Malta becomes the global leader in terms of cryptocurrency trading
Trading Volume The winds of change are blowing strong as Malta becomes the global leader in terms of cryptocurrency trading v
Volume The winds of change are blowing strong as Malta becomes the
global leader in terms of
cryptocurrency trading trading volumevolume.
At the time of writing, Seoul - based
cryptocurrency exchanges Upbit and Bithumb each priced Bitcoin at about $ 9,100, which represented a roughly five percent premium over the coin's
global average, although these platforms accounted for just a combined four percent of total Bitcoin
trading volume.
Regulators across Europe have been discussing possible oversight of
cryptocurrencies even though the region only represents a small share of
global trading volumes.
To address fragmentation issues within the crypto market, CRYPTALGO has developed its Galaxy «backbone» infrastructure which connects
global cryptocurrency exchanges and consolidates liquidity to offer financial institutions solutions such as «best price» and «best execution» uniquely designed for high -
volume trading.
Lee added that the amount of litecoin he sold was «a small percentage» of the
cryptocurrency's
global trading volume.
At the time of reporting, South Korea has overtaken the Chinese market in terms of bitcoin
trading volume, becoming the third largest bitcoin exchange market in the world and evolving into a powerhouse within the
global cryptocurrency sector.
First
Global Credit, the Switzerland - based company that allows clients to use cryptocurrency as collateral margin to trade global markets today announced they posted over $ 12 million in trading volume on the platform during the month of Nov
Global Credit, the Switzerland - based company that allows clients to use
cryptocurrency as collateral margin to
trade global markets today announced they posted over $ 12 million in trading volume on the platform during the month of Nov
global markets today announced they posted over $ 12 million in
trading volume on the platform during the month of November.
Regulation makes a large impact on
cryptocurrency markets as the U.S. SEC rejects 2 ETFs, PBoC warnings lead to
global volume crash and Chinese «Big 3» instituting
trading fees, Japan sees bitcoin as legal payment method.
For Bitcoin (BTC), the representative
cryptocurrency, Bithumb ranks second highest in the
global market with a
trading volume of about 180.74 billion KRW.
Bitcoin aficionados subsequently tweeted accusations that Coinbase employees engaged in insider
trading, allegedly buying BCH from other exchanges when they knew the
cryptocurrency would soon come to Coinbase and boost
global trading volume.
At the time of reporting, traders on South Korea's Bithumb, the world's largest
cryptocurrency exchange by
trading volume, are
trading bitcoin at a price of $ 8,780, nearly $ 200 higher than the average
global price.
The
global cryptocurrency exchange market processes $ 3.6 trillion in
trades on a yearly basis, which is closer to the
volume of the Visa network.
This week, Changpeng Zhao, the founder and CEO of Binance, the
global market's largest
cryptocurrency exchange with a staggering $ 9.5 bln daily
trading volume, revealed that it has added more than 250,000 users on a single day.
On Wednesday, the ripple price rose to a new all - time high of $ 2.57 on
cryptocurrency exchange Bittrex, while the
global average briefly cracked $ 2.80 due to prices exceeding $ 3 on Bithumb and other South Korean exchanges, which account for nearly 50 percent of all XRP
trading volume.
However, the
cryptocurrency market and investors within it failed to acknowledge that prior to the futures market, the
global cryptocurrency market wasn't all that liquid, and daily
trading volumes across most exchanges were relatively low.
With substantial industry support,
trade volume and liquidity, Litecoin now ranks fourth in
global cryptocurrency market capitalizations.
GURUGRAM, India, December 7, 2017 / PRNewswire /
Global cryptocurrency market by market cap of major players,
Global bitcoin market by revenue, by bitcoin circulation and revenue from mining, segment (by
volume of
trade in exchanges, by use of bitcoin, mining facilities around the globe),
Global bitcoin mining market (by type of mining, exchanges, matrix for bitcoin mining pool and type of payment methods) and Competitive landscape of major mining pools including AntPool, F2Pool, BitFury, BTCC Pool, BW.com, ViaBTC, SlushPool, HaoBTC, BTC.com and 1Hash.
Following its emergence as a
global leader in bitcoin and
cryptocurrency volume, local exchange startup Korbit has announced that PC and mobile gaming firm Nexon has signed a stock
trading agreement
However, tether
trade volume is through the roof, and the «stable»
cryptocurrency captures 12.6 percent of the
global trades.
The daily
trading volume of bitcoin and the
global cryptocurrency market has been relatively strong over the past 24 hours, as nearly $ 20 billion were
traded since February 18.
«Binance and QUOINE are market leaders for
global cryptocurrency trading platforms and our
volumes make both Binance and QUOINE among the largest
cryptocurrency exchanges globally.