The central bank of China is closely monitoring the bitcoin market in order to avoid another «bubble», claims CEO of BTCChina, while trade
volume on the crypto exchange keeps dropping.
Not exact matches
And now, IPSX tokens have a wider reach
on the open market, with a successful listing
on the Bibox
exchange, a major AI - enhanced encrypted digital asset
exchange that facilitates
crypto trading of up to $ 65 million in
volume.
This is just a week after Ripple rose to a second place
on the
crypto market, partly due to an increased trading
volume on South Korean
exchanges.
Bitcoin shed some of its recent gains today, dropping over 10 %
on the back of rumors that Binance, one of the world's largest
crypto exchanges by trading
volumes, has been hacked.
On the 28th of last month, the exchange was ranked 5th in crypto volume on Coinhills, and World Coin Index has the exchange ranked 12th at the time of writing in global trading volume calculation
On the 28th of last month, the
exchange was ranked 5th in
crypto volume on Coinhills, and World Coin Index has the exchange ranked 12th at the time of writing in global trading volume calculation
on Coinhills, and World Coin Index has the
exchange ranked 12th at the time of writing in global trading
volume calculations.
While prices
on South Korean
exchanges are often higher than elsewhere, it still remains perplexing why an analytics website would exclude up to 20 % of the total
crypto market trade
volume which happens to occur in this one Southeast Asian nation.
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.
Bitstamp, the twelfth largest
crypto exchange by
volume and the seventh highest ranked
exchange on BestBitcoinExchange.io, recently announced it would support Bitcoin Cash (BCH) trading starting the first week of December.
The implementation of SegWit by both
crypto -
exchanges will have a significant impact
on the market, taking into account their trading
volumes.
Bitfinex was the fifth largest
crypto exchange on Saturday when measured by market
volume.
Ripple in particular is traded
on South Korean
exchanges at very high
volumes, a fact which reportedly helped bring Ripple to second place
on the
crypto market just last week.
If it weren't for the strict regulations
on crypto exchanges and ICO's within the economic superpower, it would still have a massive influence
on bitcoin's
volume and price similar to past years.
Bisq currently supports 126 cryptocurrencies and the
volume at the time of writing
on this
exchange is 4 BTC with 11 cryptocurrencies /
crypto assets pairs listed
on it.
In 2016, reporting showed that most of the trading was coming from China, however, since the People's Bank of China imposed strict regulations
on the
crypto exchanges in the country, the percentage of traded
volume using the Yuan dropped significantly.
Kraken, which was the first
crypto exchange having its market data displayed
on Bloomberg terminals, is the second by the trading
volume of ether and is responsible for about 21 % of deals with the cryptocurrency.
Volume and price
on the largest Chinese Bitcoin
exchange, Huobi, is higher than most of the smaller US and UK
crypto -
exchanges combined.