Sentences with phrase «increasing bitcoin trading volumes»

Globitex wants to tackle this challenge by dramatically increasing bitcoin trading volumes and facilitating bitcoin's use across the spectrum of money and commodity markets, thereby allowing financial instruments and commodities like crude oil, gold and coffee to be priced directly in bitcoin.

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Using bitcoin as a proxy, trading volumes have increased by more than a third since Apr. 6, the day the market bottomed.
One cryptocurrency consultant interviewed for the story claimed that weekly bitcoin trading volumes in Nigeria had increased by a factor of ten between January 2017 and January 2018.
An increase in trading volume on Chinese markets has been seen as driving much of the most recent gains in Bitcoin's price.
As it turned out, the Willy Bot may have been responsible for artificially increasing the bitcoin price, as it's trading limits were beyond the scope of normal transaction volume in Bitcoin at thbitcoin price, as it's trading limits were beyond the scope of normal transaction volume in Bitcoin at thBitcoin at the time.
Japan is becoming a serious contender in the global bitcoin markets due its recent increase in trading volume.
Other dominant Chinese bitcoin exchanges such as Huobi and OKCoin also had a noticeable increase in trading volume.
You can see in the volume chart from blockchain.info that the trading volume for bitcoins has really increased - and if you look at the market price, you see a very similar movement.
Because bitcoin and Ethereum have significantly larger market valuations and daily trading volumes in comparison to other cryptocurrencies, bitcoin and Ethereum tend to decline or increase by smaller margins, showing a lower level of volatility.
According to data collected by Coin Dance, trading volumes at peer - to - peer bitcoin exchange LocalBitcoins have increased substantially in Romania in the last 18 months.
But every analysis includes the current situation in China where an uncertain economy and yuan devaluation seems to be causing a marked increase in Bitcoin trading volume.
This recent uptick in price has coincided with a notable increase in volume, as market participants traded 16,000 bitcoins worth of transactions through Bitfinex in the 24 hours through 21:30 UTC.
A perfect sign of this bullish sentiment is the recent increase in trading volume, a development that helps illustrate the strength of bitcoin's current, upward trend.
While it is difficult to speculate the trend of bitcoin price and trading volumes in China, Bitcoin experts and exchanges are optimistic about the rising demand for bitcoin and expect a constant increase in trading volume over the next few bitcoin price and trading volumes in China, Bitcoin experts and exchanges are optimistic about the rising demand for bitcoin and expect a constant increase in trading volume over the next few Bitcoin experts and exchanges are optimistic about the rising demand for bitcoin and expect a constant increase in trading volume over the next few bitcoin and expect a constant increase in trading volume over the next few months.
Yet, the increased trading volume is also the latest sign bitcoin cash is establishing its market in the face of key challenges that have emerged since it first forked from bitcoin on August 1.
«The trading volumes we saw over the past few days are not the highest we have seen since 2011, but we expect greater trading volumes in the future as bitcoin increases in popularity among all assets,» BTCC CEO Bobby Lee told Bitcoin Mabitcoin increases in popularity among all assets,» BTCC CEO Bobby Lee told Bitcoin MaBitcoin Magazine.
This is the largest price increase that bitcoin has experienced in one day, with both Asian and Western exchanges seeing record trading volumes.
Overall in 2015, our average monthly bitcoin exchange trading volume increased over 300 %, our OTC trading desk traded over $ 40 million in bitcoin and we tripled our customer base of traders.
Previously reported by Bitcoin Magazine, bitcoin and gold exchange Vaultoro has reached $ 1 million in gold trading volume, recording an average monthly trading growth rate of 91 percent and rapid increase of its useBitcoin Magazine, bitcoin and gold exchange Vaultoro has reached $ 1 million in gold trading volume, recording an average monthly trading growth rate of 91 percent and rapid increase of its usebitcoin and gold exchange Vaultoro has reached $ 1 million in gold trading volume, recording an average monthly trading growth rate of 91 percent and rapid increase of its user base.
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.
Given this week's turmoil in the stock market in China, it would be tempting to assume that the current increase in bitcoin price and trading volume on Chinese exchanges is a direct result of this alone.
As such, there is a possibility that BCHs trading volume could surpass that of bitcoin, as the adoption of cryptocurrencies increases.
Regulators have also exempted Bitcoin from sales tax, increasing the volume of Bitcoin trades and at one point making Japan the largest Bitcoin market.
However, Bitcoin saw drastically increased trading volume in spite of the government's efforts, and all Bitcoin exchanges saw considerable growth in their operations.
This one - day event comes at a time when bitcoin awareness, as well as adoption, are reaching new highs in the East African nation as trading volumes on LocalBitcoins and increasing local media coverage of bitcoin are indicating.
As a result high trading volume in Bitcoin is likely to happen which in turn will increase the prices of Bitcoin globally.
With increased trading volumes and stronger rallies around the crypto, Bitcoin is expected to reach over $ 11K this week.
The platform, which currently supports bitcoin and ether trading, has reported significant increase in both the number of users trading digital currencies and the volume of digital currencies traded on the platform.
As it turned out, the Willy Bot may have been responsible for artificially increasing the bitcoin price, as it's trading limits were beyond the scope of normal transaction volume in Bitcoin at thbitcoin price, as it's trading limits were beyond the scope of normal transaction volume in Bitcoin at thBitcoin at the time.
Consequently increasing the price of Bitcoin Cash in South Korea the world's second largest cryptocurrency exchange by trading volume behind Bitfinex.
As the price of Bitcoin and other cryptocurrencies peaked last year, there was an increase in trading volumes recorded in peer - to - peer marketplaces.
Using simply reported volumes, 459 million bitcoins were traded in Q4 2016, more than a three-fold increase from Q4 2015.
So, for example, a Bitcoin holder can take advantage of temporarily favorable exchange rates and trade her Bitcoin for alternative cryptocurrencies, and a bump in the price of Bitcoin may cause investors to increase trading volume in other coins.
The fourth quarter of 2016 was a volatile period for the price of bitcoin, as speculation increased and exchange - traded volume reached peak levels.
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.
This development could put a fire under the Bitcoin price — if futures and options are traded, it could increase trading volume exponentially.
Approximately 5.27 million ringgit worth of bitcoin was traded on Localbitcoins during the week of September 19th — a more than 25 percent increase over the preceding week's record volume of 3.6 million ringgit.
As there is a limited supply of Bitcoin and the supply will only increase slowly over time to a maximum of 21 million, the increase in trade volumes will result in an increase in Bitcoin value.
Do you think Bitcoin futures trading volumes will soon increase?
Increasing regulatory pressures have eviscerated trading volumes across Bitcoin exchanges in China.
The increase in retail activity and trading volumes owing to the addition of 100,000 Coinbase accounts last week has been considered the main factor propping bitcoin price up.
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