Sentences with phrase «percent of global bitcoin trading»

According to various bitcoin market data providers such as BraveNewCoin, Europe accounts for 8 percent of global bitcoin trading, processing around $ 70 million worth of bitcoin trades on a daily basis.

Prior to 2017, China accounted for as much as 90 percent of all global bitcoin trading.

Until recently, 95 percent of global Bitcoin trading was done though Chinese exchanges.

As a result, yen to bitcoin transactions now account for around 40 percent of global bitcoin trading volumes.

By 2013, it had nearly 1.1 million active accounts from 239 countries and handled upwards of 90 percent of global bitcoin trading.

Binance made up 14.22 percent of global Bitcoin trading, followed by Upbit with 13.06 percent and Bithumb with 10.53 percent.

At the time of writing, on CoinMarketCap, the BTC / CAD trading pair accounted for 0.05 percent of the global bitcoin trading volume.

Bloomberg reported 21 percent of global bitcoin trades during a 24 - hour burst in activity last week involved Korean won.

Today, the Chinese bitcoin exchange market accounts for less than 5 percent of global bitcoin trades and in four weeks time, China's bitcoin exchange market will have no trading activity at all.

Prior to the imposition of a nationwide ban on Chinese exchanges, the Chinese bitcoin exchange market accounted for around 10 to 13 percent of global bitcoin trades.

With a reported 75.7 % share of the South Korean bitcoin market volume, Bithumb is one of the five largest bitcoin exchanges in the world and hosts over 13,000 bitcoins worth of trading volume daily, or roughly 10 percent of the global bitcoin trade.

Weese revealed that Huobi, OKCoin, BTCC (which operate as Huobi Pro) and OKEx now account for seven percent of global Bitcoin trades.

Just a year ago, China was responsible for ninety percent of global bitcoin trade.

China was the biggest player by far, capturing over 80 percent of the global Bitcoin trade volume, according to some reports.

But, earlier today, Bitfinex, the largest Bitcoin exchange in the world in trading volume that accounts for 10 percent of all global Bitcoin trades, announced its closure in the US.

As a result, the Chinese Bitcoin exchange market's trading volume declined significantly, only accounting for around 1 percent of global Bitcoin trades.

Even though the Chinese bitcoin exchange market was not a major market to begin with as it only accounted for 10 to 13 percent of global bitcoin trades prior to the ban, the bitcoin mining industry of China is accountable for a large portion of the global bitcoin hash rate.

At press time, the South Korean Won stands at fifth, with approximately five percent of the global bitcoin trade.

According to several cryptocurrency market data providers including CryptoCompare, the Japanese bitcoin exchange market accounts for 64 percent of global bitcoin trades, nearly twice as large as the US.

Bitcoin price has surpassed $ 12,000 in both South Korea and Japan, two major bitcoin markets that are accountable for approximately 74 percent of global bitcoin trades.

Many investors, traders and analysts still remain optimistic in regard to China's ban on exchanges because throughout 2017, the Chinese bitcoin exchange market only accounted for approximately 10 to 13 percent of global bitcoin trades.

Not exact matches

The Singapore dollar makes up 0.02 percent of daily global bitcoin trading volume but the country has emerged as a hub for ICOs.

Once the largest global market for trading, China now accounts for 1.5 percent of bitcoin transactions, while Japan — where regulators have been more open to digital currencies — accounts for more than 60 percent, according to CryptoCompare.com.

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.

The largest Bitcoin Cash market by - volume is Bithumb, which accounts for roughly 30 percent of the global trade through its Korean won - Bitcoin Cash trading pair, CoinMarketCap figures show.

Huobi and OKCoin, the two largest Chinese exchanges that now account for some 92 percent of Bitcoin global trading by (self - reported) volume, both reported almost double the usual trading volume over the past weekend.

Huobi, OKCoin and BTCC account for 90 percent of Bitcoin's global trading volume and saw prices near historical highs in the past 36 hours before they fell dramatically.

The Japanese yen has dominated global bitcoin trade markets month over month this year and occasionally captured well over 60 percent of the world's BTC trade volume.

At the moment South Korea commands the fifth spot, as the won holds roughly 5 percent of bitcoin's global trade volume.

India is adopting Bitcoin and other cryptocurrencies enthusiastically with India accounting for nearly 10 percent of global cryptocurrency trades in May 2017 according to the news website thequint.com.

The bitcoin price is currently trading at a global average of $ 10,116, representing a one - hour gain of six percent and a welcome recovery after following a sub - $ 10,000 dip earlier in the day.

The largest Bitcoin Cash market by - volume is Bithumb, which accounts for roughly 30 percent of the global trade.

But, the resumption of cryptocurrency trading by the Chinese government could lead bitcoin price to new highs, as China was still a major market with around 10 percent of the global bitcoin exchange market share prior to the ban.

Often the Japanese yen has accounted for up to 60 percent of the global bitcoin volume due to massive bitcoin trading activities between the nation's currency.

Bitcoin accounts for 35 percent of global cryptocurrency trading and it is the most influential cryptocurrency on the market.

The abrupt migration of traders led to the short - term surge in the trading volume of Japan, allowing the market to overtake the US by over 20 percent in global Bitcoin exchange market share.