One should bear in mind that
the reported Bitcoin trading volume only records volumes traded on the larger exchanges.
One should bear in mind that
the reported Bitcoin trading volume only records volumes traded on...
Not exact matches
A
report by Bloomberg found that by June, Venezuela's
bitcoin -
trading volume had jumped to $ 1.3 million, approximately twice as much as the amount only two months previously.
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.
Other major
Bitcoin trading platforms such as Unocoin, Zebpay and Bitxoxo have also
reported tremendous surge in
trade volumes and signups.
According to data from
Bitcoin Charts, itBit is currently fifth among USD bitcoin exchanges, reporting average 24 - hour trade volumes of about 11,000 BTC, or just ove
Bitcoin Charts, itBit is currently fifth among USD
bitcoin exchanges, reporting average 24 - hour trade volumes of about 11,000 BTC, or just ove
bitcoin exchanges,
reporting average 24 - hour
trade volumes of about 11,000 BTC, or just over $ 7m.
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.
«While
bitcoin liquidity has improved dramatically in recent years — and average daily
trading volume now resembles that of the average security in the S&P midcap 400 — it would be hard for the ETF's authorized participants to acquire $ 300M worth of
bitcoin without significantly pushing price up,» notes the
report.
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.
BTCC, China's third largest exchange, also
reported a surge in
bitcoin trading volume, setting a new record on its Pro Exchange.
China's National Committee of Experts on the Internet Financial Security Technology said
bitcoin trading volume in the country has reached CNY21.708 billion (US$ 3.193 billion) in May — about four times higher compared to April, China Tech News
reported.
A research
report from CoinDesk estimates that as of early 2016, China made up 95 % of
bitcoin's
trading volume.
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.
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.
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.
Local media
reported that domestic
Bitcoin trading volume reached a maximum value in the month following the holiday season.
As bitcoinity.org
reports, on 25 October the
trade volume of OKCoin reached 52000
bitcoins a day.
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.
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.
In May, Cryptocoinsnews
reported that Trace Mayer, a long - time
Bitcoin investor and analyst, listed
Bitcoin transactions, price, hashrate, wallets,
trading volumes, and volatility as the six main long - term indicators of
Bitcoin growth.
According to
reports below, the Japanese Yen is the highest
traded Bitcoin volume at this time.
Using simply
reported volumes, 459 million
bitcoins were
traded in Q4 2016, more than a three-fold increase from Q4 2015.
At the time of
reporting, traders on South Korea's Bithumb, the world's largest cryptocurrency exchange by
trading volume, are
trading bitcoin at a price of $ 8,780, nearly $ 200 higher than the average global price.
From about early 2014 until late January this year, Chinese exchanges accounted for about 90 % of global
bitcoin trading volume, according to the website bitcoinity.org, which collates
trading data
reported by exchanges.
At the time of
reporting,
bitcoin is being
traded in a neutral zone, and the cryptocurrency has not demonstrated overwhelming demand or sell
volumes.
China was the biggest player by far, capturing over 80 percent of the global
Bitcoin trade volume, according to some
reports.
Dutch financial group ING (INGA.AS) has confirmed that Bitfinex, one of the world's largest
Bitcoin exchanges by daily
trading volume, has a bank account with them in the Netherlands, Reuters
reported Tuesday, Feb. 20.
As we have
reported earlier,
Bitcoin dropped like a stone on talks hat Binance, largest cryptocurrency exchange by
trading volume was hacked.
At the time of
reporting, the price of
bitcoin is $ 8,190, with relatively low
trading volumes to support its recovery.