Sentences with phrase «of bitcoin trading volume»

The continuing decline of the Chinese stock market contributed to the growth of bitcoin trading volume.
Following the suspension of withdrawals, CNY has gone from comprising over 90 % of all Bitcoin trading volume to just under 10 % today.
India currently accounts for a very small portion of Bitcoin trading volume, having been South Korea and Japan.
On September 21, the country surpassed China in terms of Bitcoin trading volume, as traders move out of China due to the restrictions imposed.
Statistics indicated Japan's currency JPY has been responsible for 52.35 % of bitcoin trading volume in the recent 24 hours, followed by the USD at 28.12 %, CNY 8.23 %, EUR 4.92 % and KRW 2.9 %.
Mt.Gox controlled 80 % of bitcoin trading volume, and were getting mainstream attention.
More significantly, it carries 80 % of the Bitcoin trading volume in Japan which is one of the globe's largest crypto markets.
It is the highest level of bitcoin trading volume in China since early June.
Around 75 % of all Bitcoin trading volume and around 50 % of all Ethereum trading volume in South Korea comes via Bithumb.
According to Cryptocompare, more than a half of bitcoin trading volume in pairs with fiat accounts for the Japanese yen (57 %).
The total of bitcoin trading volume processed last year surpassed the 23 billion US dollar (+53 % compared to 2013).
Mt. Gox, while not possessing the same dominant 80 % share of bitcoin trading volume that it did earlier in the year, still reports total volume market share of 20 % -30 % of all bitcoins traded.
The vast majority of bitcoin trading volume has traditionally been handled by a relatively small number of exchanges.
With over 80 % of the bitcoin trading volume expressed in the Chinese currency, CryptoNinjas feels that a weak yuan regime provides a tailwind for the currency.
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.
This is why bitcoin prices in China trade at a significant premium to U.S. dollar bitcoin, and it is also why 90 % of bitcoin trading volume comes from China.
Mt.Gox controlled 80 % of bitcoin trading volume, and were getting mainstream attention.
Given that an overwhelming majority of the Bitcoin trading volume comes from China, the government has
The Japanese Yen had the largest share, accounting for about 37 percent, while the U.S. dollar had about 33 percent of bitcoin trading volume, the website showed.
Japanese yen accounted for about 41 percent of bitcoin trading volume, according to CryptoCompare.
Given the importance that traders place on liquidity, along with the relatively small total size of bitcoin trading volumes as compared to other securities markets, it's not at all surprising to see bitcoin trading volume further concentrating in the largest exchanges.
Specifically, a recent report from Deutsche bank sites that it is Japanese men in their 30s and 40s that make up to 40 percent of bitcoin trading volumes.
China once accounted for a vast majority of bitcoin trade volume and transactions over the past few years.
Coincheck handles a lot of bitcoin trade volume as the trading platform swapped 97,502 BTC over the past 24 - hours.

Not exact matches

U.S. dollar - bitcoin trading made up about 25 percent, and tether — which is pegged to the greenback — accounted for about 20 percent of trading volume.
This is one exchange which compromises a relatively small amount of bitcoin dollar - traded volumes globally.
Interactive Brokers said in a release Monday that as of 9:15 a.m., bitcoin futures trading in its accounts represented about half of Cboe's recorded volume.
The Singapore dollar makes up 0.02 percent of daily global bitcoin trading volume but the country has emerged as a hub for ICOs.
Trading in bitcoin - Japanese yen accounted for about 57.6 percent of total bitcoin trading volume, according to CryptoCTrading in bitcoin - Japanese yen accounted for about 57.6 percent of total bitcoin trading volume, according to CryptoCtrading volume, according to CryptoCompare.
About 79 percent of tron trading volume was in bitcoin, and 19 percent in ethereum, according to CryptoCompare.
Bitcoin trading in South Korean won accounted for 4 percent of trading volume, according to CryptoCompare.
Interactive Brokers said it handled just over half of the Cboe bitcoin futures trading volume on the first trading day, which saw the highest daily volume so far at 4,127 contracts in total across the products expiring in January, February and March.
Cboe's bitcoin futures contract had a relatively smooth first week of trading, although volume was on the light side.
At the time of writing, on CoinMarketCap, the BTC / CAD trading pair accounted for 0.05 percent of the global bitcoin trading volume.
Big Money Movers As signs of life from Bitcoin begin to make waves in the broader cryptocurrency market, the amount of high - volume, off - exchange trades is starting to pick up.
At the time of publication, OKEx has $ 832 million, or 34.38 percent, of Tether's 24 - hour trading volume across the bitcoin, bitcoin cash, and Ether trading pairs.
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.
According to CoinMarketCap, as of publication, Ether's 24 - hour trading volume is $ 1.37 billion while bitcoin's is $ 1.34 billion.
At publication, according to CoinMarketCap, bitcoin is trading for $ 5,657 on OKCoin and $ 5482 on Huobi, with a cumulative 24 hour volume of approximately $ 24.5 million.
For a brief time, China dominated bitcoin trading, at one point reportedly accounting for as much as 90 percent of volume.
For now, the service will offer price information and order books for 15 cryptocurrency exchanges (or almost 80 percent of major trading volume), and at least initially, the data feed will include bitcoin, Ethereum, Litecoin, Dash, Ripple, and bitcoin cash.
South Korea, which has been lagging behind Japan in terms of bitcoin innovation, market structure and trading volume, revealed a bill that would allow bitcoin companies to operate as proper financial service providers and remittance companies.
An increase in trading volume on Chinese markets has been seen as driving much of the most recent gains in Bitcoin's price.
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.
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.
In contrast, Bitcoin dominates the crypto market, both in terms of trading volume and market value.
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.
In 2017, the Chinese government shut down the country's bitcoin trading exchanges, which until then accounted for nine - tenth of the digital currency's global volumes.
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.
The daily trading volume of bitcoin across all major cryptocurrency exchanges including Binance, UpBit, Bithumb, and Bitfinex remain strong, demonstrating early signs of yet another rally towards $ 13,000, as many analysts have noted.
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