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.
Not exact matches
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 th
bitcoin price, as it's
trading limits were beyond the scope of normal transaction
volume in
Bitcoin at th
Bitcoin 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 Ma
bitcoin increases in popularity among all assets,» BTCC CEO Bobby Lee told
Bitcoin Ma
Bitcoin 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 use
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 use
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 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 th
bitcoin price, as it's
trading limits were beyond the scope of normal transaction
volume in
Bitcoin at th
Bitcoin 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.