Sentences with phrase «said bitcoin trading volume»
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.
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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.
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.
He said: «We think trading fees will calm down the market, lower trading volumes a bit, and allow a more healthy bitcoin exchange market.»
Asian demand is said to be driving the current Bitcoin spike with Japanese Yen dominating trading volume.
Bitcoin, an alternative to paper money in which trades match up over computers without the involvement of banks or governments, is a natural fit for the Japanese, said Mike Kayamori, the CEO of digital - currency exchange Quoine, the nation's third largest by volume.
Roger Ver, the self - styled «Bitcoin Jesus» is quoted in Coin Telegraph as saying that «Bitcoin Cash is the real Bitcoin and will have the bigger market cap, trade volume and user base in the future.»
With these caveats and disclaimers on volume out of the way, what can be said about trading volume for bitcoin this year, as we approach the end of 2013?
One exchange, OKCoin, inflated volumes through so - called wash trades, repeatedly trading nominal amounts of bitcoin back and forth between accounts, two former executives said.
That being said, the two publicly traded vehicles that offer investors exposure to bitcoin have also been seeing considerable volume.
Trading volumes in BCH / KRW pair offered by Bithumb, one of the largest cryptocurrency exchanges in South Korea, have gone up by 42 percent in the last 24 hours and currently has the highest volume at $ 1,296,300,000 ranking as number one market according to CoinMarketCap.This may be due to the fact that the Financial Supervisory Service (FSS) Governor Choe Heung - sik said Thursday that the watchdog is not considering digital tokens, such as Bitcoin, as legitimate currency and thus has no plan to supervise transactions of the cryptocurrency.
Nordvig said global daily trading volume between the two largest digital currencies, bitcoin and ethereum, into traditional currencies has multiplied eight times in the last year.