Sentences with phrase «more bitcoin trading volume»

But for the first time in twelve months, US overtook Japan and now is having more Bitcoin trading volume than that in Japan.

Not exact matches

He said: «We think trading fees will calm down the market, lower trading volumes a bit, and allow a more healthy bitcoin exchange market.»

Using bitcoin as a proxy, trading volumes have increased by more than a third since Apr. 6, the day the market bottomed.

The global trading volume in Bitcoin over the past 24 hours was $ 2.8 billion, following a rise of over 100 % over the past month and more than 1,400 % since the beginning of the year.

In South Korea, the daily trading volume of bitcoin hit a monthly high, as more than 80,000 bitcoins were traded in the past 24 hours.

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

More bitcoins available for trading will help markets by allowing for greater trading volume, which should help smooth out price fluctuations.

Bitcoin accounted for roughly 48 % of the 24 - hour trade volume, with Bitfinex turning over more than $ 730 million worth of BTC / USD transactions.

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.

For example, bitcoin trading volume on BTCC has declined more than 90 percent over the past few days.

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

The volume of trading since bitcoin's launch on CBOE has been relatively low, especially compared with more established currencies futures.

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.

Bitcoin Cash on the other hand had a pretty decent start with more than double transaction volume within just first 24 hours of opening its trading window.

More importantly, the trading volume and market share of the South Korean bitcoin exchange market overtook that of the Chinese bitcoin exchange market, officially becoming the third largest bitcoin market in the world behind Japan and the US.

Second most traded currency pair on Binance was Etherem / Bitcoin with more than 6 % of trading volume.

According to Cryptocompare, more than a half of bitcoin trading volume in pairs with fiat accounts for the Japanese yen (57 %).

According to Bitcoinity, more than a third of the daily trading volume of bitcoin happens on Bitfinex.

The volume of Bitcoin traded on this past Sunday alone was more than $ 5 bln — more than the IEX, the Chicago Stock Exchange, as well as many others.

More than 20 % of trading volume was related to Bitcoin versus USDT.

The bitFlyer platform has over 30 percent of the worldwide bitcoin exchange volume and more than $ 100 million in virtual currency traded in 2017, all without access to the U.S. market.

The pair bitcoin / Japanese yen accounts for more than 57 % of the 24 - hour trading volume, the US dollar accounts for 29 %, and the trading volume of bitcoin in pair with the Korean won stands at 9 %.

You can use it to buy various goods online, and Bitcoin trading pairs on cryptocurrency exchanges usually have far more volume than the LTC counterparts.

The London Block Exchange, a UK bitcoin startup, writes in its daily market report on Thursday: «As we approach the weekend — traditionally a period with less trading volume and therefore more prone to wild movements, with a tendency to dip — we continue to recommend closely watching bitcoin's price to gauge the direction of the crypto markets.

More significantly, it carries 80 % of the Bitcoin trading volume in Japan which is one of the globe's largest crypto markets.

While Ethereum has always been a distance second to Bitcoin in terms of its price and volume of trading, it has earned its spot as a cryptocurrency darling — a favorite of those who take interest less in the current value of a coin and more in the technology that backs it.

The Huobi representative added, «Current trading volume is 37x of that in 2013 and bitcoin price fluctuates 15.95 %, which is much more stable than the year 2013.»

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

Using simply reported volumes, 459 million bitcoins were traded in Q4 2016, more than a three-fold increase from Q4 2015.

Prior to China instituting a fixed flat rate charge of 0.2 % on all bitcoin trades, cryptocurrency enthusiasts had tried to estimate a «true volume» - a more realistic trading volume for Chinese exchanges that may indicate the region's actual dominance in the market.

Analysts believe that the CME will be able to bring in more trading volume and perhaps further influence the price of Bitcoin.

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.

Xiao Lei asserts that «since 2013, Bitcoin has seen tremendous growth in China with 95 % of the trading volume and more than 50 % of the computing power.»

«As the volumes continue to grow, especially on regulated US markets, the overall spot Bitcoin market looks more and more like a traditional commodity market and CBOE continues to believe that the spot market is sufficiently liquid to support a Bitcoin exchange - traded products (ETPs),» Concannon added.

In South Korea, the daily trading volume of bitcoin hit a monthly high, as more than 80,000 bitcoins were traded in the past 24 hours.

Bitcoin accounts for more than half the total market cap and roughly 50 % of daily trade volumes.

Bitcoin prices and traded volume is surging ahead as more Indians adopt Bitcoin as an alternative form of currency.

This doesn't mean we won't see more BTC / ETH volume in the near future, though, but for now, Bitcoin is clearly dominating all trading portfolios.

CoinDesk Amid high trading volumes in South Korea, bitcoin cash is flying high today and could gain more altitude in the near - term.