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Btc Volume By Currency

Strategist Predicts Bitcoin, Digital Currency Trading Volume Will 'soon Surpass' Apple's

Strategist Predicts Bitcoin, Digital Currency Trading Volume Will 'soon Surpass' Apple's

Strategist predicts bitcoin, digital currency trading volume will 'soon surpass' Apple's Global daily trading volume between bitcoin and ethereum into traditional currencies has multiplied eight times this year, according to Jens Nordvig, founder and CEO of Exante Data. Cryptocurrency trading volume has topped $3 billion a day on average, and "will likely soon surpass" Apple's roughly $4 billion daily trading volume, Nordvig said. To be sure, Nordvig is not certain whether any digital currency will thrive as an alternative to traditional currencies. Strategist: cryptocurrency trading volume to surpass Apple's Digital currency trading is exploding and daily volume could "soon" surpass that of Apple , according to a strategist closely followed by hedge funds. "Cryptocurrency trading volume is now more than of $3bn/day on average, and will likely soon surpass that of the world's most liquid stock: Apple ($4bn/day),"Jens Nordvig, founder and CEO of Exante Data, said in a note Friday. 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. Bitcoin has surged this year, briefly increasing fivefold before tumbling amid a Chinese crackdown on digital currencies and criticism from JPMorgan Chase CEO Jamie Dimon this month. Bitcoin traded slightly lower near $3,524 midday Friday, but it is still up about 260 percent for the year, according to CoinDesk. Many digital currency enthusiasts have noted that bitcoin is a way for new investors to access the growing number of digital currencies. Industry website CoinMarketCap lists more than 350 cryptocurrencies with a market value of more than $1 million each. The total market value of all digital currencies was $ Continue reading >>

Bitcoinity.org

Bitcoinity.org

8MB- blocks containing string "8M" in their coinbase scriptSig (i.e. miners supporting block size increase to 8MB citation needed ) BIP100- blocks containing string "BV" + some digits in their coinbase scriptSig that is BIP100 (and others based on it), also includes blocks with string "BIP100" in coinbase BIP101- blocks with version 0x20000007 as defined in BIP101 None- blocks mined without any indication of block size increase support Continue reading >>

Bitcoin Trading Volume Hits Record High

Bitcoin Trading Volume Hits Record High

Short positions on Bitfinex were at a 6-month high when bitcoin surged 15% Volume records were taken out on Thursday, when the No. 1 digital currency rose more than 15%, trading to $8,000 for the first time in two weeks. The price of bitcoin BTCUSD, -2.52% moved from below $7,000 to above $8,000 shortly after 7 a.m. Thursday, and in a one-hour period more bitcoins exchanged hands than in any other 60-minute period since widespread trading in the cryptocurrency first picked up in early 2017. While market maturation is young, Thursdays numbers even surpass the volume numbers in late-2017 when digital currencies were marching to record levels. Ready to have your mind blown? More Bitcoin traded hands in that one hour than *any other time in history*. Although volume intensified nearly market-wide, participants speculated that the significant pump up in activity came from one particular exchange, Bitfinex, where customers had open orders on the sell side that were triggered. Over the past two weeks there has been a steady increase in short positions with people betting against the price of bitcoin. This was up until yesterday the total number of open bitcoin short positions on Bitfinex reached a 6-month high of 40,000 open shorts, while the price remained in range, Brendan Playford, CEO of Constellation, said in an email to MarketWatch. BTC/USD hourly chart on the Bitfinex exchange. The next question crypto investors face is whether or not Thursdays move is a short squeeze or a fundamental shift higher. After some consolidation, the price of bitcoin steadied just below $8,000, last at $7,689.00, up 10.8% on the day. Continue reading >>

Zimbabwean Exchange's Monthly Bitcoin Volume Hits $1 Million

Zimbabwean Exchange's Monthly Bitcoin Volume Hits $1 Million

Zimbabwean Exchanges Monthly Bitcoin Volume Hits $1 Million Join our community of 10 000 traders on Hacked.com for just $39 per month. Bitcoin is increasingly becoming a store of value in Zimbabwe as inflation starts to creep up and prices sky-rocket, with investors ditching monetary assets, experts said this week as the price of the crypto-currency skyrocketed. Zimbabwe is battling foreign currency shortages and this has resulted in a crippling liquidity crisis. Bitcoin has emerged as a popular store of value and the Golix exchange platform for bitcoin in Zimbabwe says it handled bitcoin transactions worth $1 million during the month of October 2017. Bitcoin prices in Zimbabwe have skyrocketed to $12490 by Thursday morning compared to global averages of about $6000. There is high anticipation that the price of bitcoin will continue to rise in Zimbabwe as more and more people embrace it owing to difficulties in effecting international payments. There is inflation setting in in Zimbabwe and bitcoin is an interesting store of value, Taurai Chinyamakobvu, a tech and blockchain expert in the country, told CCN. Officials at the Golix trading platform in Zimbabwe say demand for bitcoin has been soaring. The exchange only facilitates trade and officials say sellers of bitcoin in Zimbabwe accept mobile money and bank transfers. Yeukai Kusangaya who facilitates trade deals at Golix told CCN in an interview this week that there is more demand than supply of bitcoins in Zimbabwe at the moment. The demand is spurred by difficulties in effecting international payments. Banks and mobile money platforms have disabled Visa and MasterCard credit and debit cards for international payments and this has left many people in Zimbabwe stranded. Bitcoin can be used to pay for vehicle imports Continue reading >>

Fiatleak - Watch The World's Currencies Flow Into Bitcoin In Realtime

Fiatleak - Watch The World's Currencies Flow Into Bitcoin In Realtime

- watch the world's currencies flow into bitcoin in realtime - Reserve your free user name, get free bitcoins on signup! - Share Images, Earn Bitcoin at File.Army Each trade results in a bitcoin being sent from the currency counter in red to the country on the map. The current value in bitcoin is listed in green and plotted across the map. The last exchange rate for each currency is listed in @purple and updated for each trade. Continue reading >>

U.s. And Japanese Bitcoin Trading Volumes Go Head To Head

U.s. And Japanese Bitcoin Trading Volumes Go Head To Head

U.S. And Japanese Bitcoin Trading Volumes Go Head to Head While people arewatching bitcoins successful price upswing many are wondering Wheres all the money coming from? Also read: Bitcoin Price Goes Full Throttle Blasting Past $1500 USD, JPY, and CNY Markets Dominate Bitcoin Trade Volume Bitcoin markets have been wild lately with massive trading volume as the price is higher than its ever been before. Currently, the price per bitcoin is coasting along at an average of roughly US$1550-60 with 24-hour global trade volume reaching $700 million across worldwide exchanges on May 4. Global 24-hour BTC trade volume tops $765 million. Throughout this time many bitcoin participants and spectators are curious to know who is trading the most bitcoin these days. Many news outlets are pointing to Japan as interest has increased significantly in the region. Its also being said that Japanese trading is capturing the lions share of bitcoin daily trade volume. However at present JPY trading is roughly tied with USD bitcoin trade volume, and CNY numbers follow slightly behind. According to Coinmarketcap.com statistics between the U.S. exchanges such as GDAX, Bitstamp, Kraken, Bitfinex, and Geminiare showing USD/BTC trading at roughly $73 million over the past 24-hours. Japanese exchanges are also trading $73 million USD worth of JPY/BTC per day between Bitflyer, Coincheck, Zaif, and Quoine. Volume from China is a touch lower as traders see $45 million in daily trades with Huobi, BTCC, and Okcoin volumes. China was once the global leader in bitcoin trades in 2016 but that all changed when trading platforms halted withdrawals and added fees to every trade. Just behind China is Europe, as total percentages of overall Euro trading is around $31.4 million between three major European bitcoi Continue reading >>

Understanding Bogus Usd Crypto-currency Volume: Why You Should Disregard Fakeusd Prices Andvolume.

Understanding Bogus Usd Crypto-currency Volume: Why You Should Disregard Fakeusd Prices Andvolume.

Blog for @Bitfinexed on Twitter. Exposing possible fraud by largest Bitcoin exchange, Bitfinex/Tether Understanding Bogus USD Crypto-currency Volume: Why you should disregard FakeUSD Prices andVolume. In Crypto-Markets, pretty much every single crypto-coin is always priced in United States Dollars, or, USD. Internally, exchanges may show the prices in terms of Bitcoin if theyre not using USDT in the pairing, but the reality is nobody cares about this. They care about the USD, or fiat values, because it is these values that these people want to buy their Lambos with. Many of these people cant cash out on these exchanges either. They have to convert to Bitcoin, and then cash out for fiat on a real money exchange. It is for this reason, that prices and volume on these exchanges should be ignored. Traders dont care if they become worth more Bitcoins if those more Bitcoins represent less dollars (or other fiat currency). If you ask a trader if hed rather have 100 Bitcoins worth $1 million, or 1000 Bitcoins worth $100,000, hes going to go for the million most of the time unless he hates money. However, there is a very important point that pretty much every cryptocurrency trader is missing. The majority of exchanges, and trading, is not done in USDollars For example, heres the Number 1 Volume exchange at the time of this post, Binance. $2.1 billion in volume, on an exchange with no dollars. Itsmagic! Youll notice that the top pair is USDT, an arguably counterfeit US dollar intended evade anti-money laundering regulations and various other banking regulations. Tethers arent US Dollars, yet they get reported as if they were US Dollars. The media sees this volume and treats it as USD. This is a mistake. Coinmarketcap shows this volume at $444 million. The real volume is of cours Continue reading >>

This Is Where People Are Buying Bitcoin All Over The World

This Is Where People Are Buying Bitcoin All Over The World

This Is Where People Are Buying Bitcoin All Over the World By Camila Russo Camila Russo and Blacki Migliozzi Blacki Migliozzi By many measures, digital currencies are as strong as ever. Bitcoin prices, up more than 400 percent this year, eclipsed $5,000 on Thursday. While Bitcoin is far and away the largest cryptocurrency, 11 other coins have a market cap in excess of $1 billion, reflecting increasingly diverse trading options. But Bitcoin's dominance is still felt across the market, as it's the main currency traded against other cryptocurrencies. Changing economic and regulatory conditions have led to sudden shifts in trading volume against different currencies, reflecting how volatile these markets can be. Bitcoin trading against the Chinese yuan used to account for most of the volume. That changed early this year when regulators started to clamp down on digital currency exchanges. Japans yen took over as the biggest trading pair as regulators there took the opposite approach, adopting digital-friendly rules. In the case of Ethereum, the Korean won has become prevalent as rules that limit access to more traditional assets are driving Korean investors to mine and trade the second-biggest cryptocurrency. Continue reading >>

Estimating China's Real Bitcoin Trading Volumes

Estimating China's Real Bitcoin Trading Volumes

Estimating China's Real Bitcoin Trading Volumes Jan 17, 2017 at 19:45 UTC|UpdatedSep 21, 2017 at 19:37 UTC Willy Woo is an entrepreneur, angel investor, derivatives trader and cryptocurrency enthusiast. In this guest feature , Wootakes aim at the prevailing notion that China's bitcoin markets account for 98% of trading, suggesting that the real number is closer to 80%. Today, China's exchanges report 98% of global volume, a figure that would suggest a huge dominance by its markets. Unfortunately, we know that most of this volume is fake. Unlike the rest of the world, China-based exchanges are unique in that they do not charge fees on bitcoin trades. Instead they make money via withdrawal charges out of the exchange. Further, these fees reduce as your trading volume increases, so this incentivizes traders to bolster this figure by buying and selling from themselves at zero cost. Still, there's a ocean of data coming from the markets, and they hold hidden secrets. In this study, I'll peer into the data and attempt (as far as I know) the first estimate of true China-based volumes using data driven methods. For this post, I'll define "true volume" as what the volumes would have been, had the exchanges charged a trading fee. Prior estimates (really just educated guesses) have put Chinese volumes at 50% of the global market. Let's see how well this compares with the data. To begin, we must remember that China was not always a zero-fee market. BTCC, the first China-based exchange, started with 0.3% fees on trades. Likewise the second Chinese exchange, OKCoin, initially charged 0.3%. Then, on 24th September 2013, BTCC instigated what was to be a three-month experiment in zero fees. This started an arms race between all the domesticexchanges, heralding in an era of zero fees fr Continue reading >>

Understanding Cryptocurrency Trading Volume

Understanding Cryptocurrency Trading Volume

Understanding Cryptocurrency Trading Volume Along with circulating supply and market capitalization, volume is one of the most prominent metrics in crypto. Lets breakdown what volume is, and how it can show us a coins direction. UNDERSTANDING CRYPTOCURRENCY TRADING VOLUME Along with circulating supply and market capitalization , volume is one of the most prominent metrics in crypto. Lets breakdown what volume is, and how it can show us a coins direction. The volume of a token listed on CoinMarketCap is quite simple. Its the amount of the coin that has been traded in the last 24 hours. For example, roughly $3.5 billion worth of Bitcoin has changed hands in the last day. You can break this down in a variety of ways; you could also list it as3,039,787,668 Euros. Or, in crypto terms, 642,566 Bitcoins. You can also slice and dice it by exchange. In the last 24 hours, roughly 14.97% of all Bitcoin traded moved through Bitfinex, where the price is $5514 as of writing. Essentially, volume underscores how many people are buying and selling the coin. If the price of Bitcoin goes up and it shows a hefty volume, that tells us lots of people are making moves. Thus, it will likely keep going up. If the price of Bitcoin drops, but theres minimal volume, that could tell us only a small amount of people back the trend. Lets go into more detail on the ramifications. Volume is arguably the most important metric for a cryptocurrency , because of the amount of ways it can be broken down. From volume, you can infer the direction and movements of a coin. Its an essential metric for traders. Volume can examined in minute detail. You can track volume on CoinMarketCap by the last 24 hours, last week, or last 30 days. This helps reveal if a coins recent swings are an aberration or the norm. A co Continue reading >>

Japan Replacing China As The Leading Bitcoin Market

Japan Replacing China As The Leading Bitcoin Market

A 13-Year-Old Boy Said He Wanted to Be the Next School Shooter and 'Kill a Lot of Kids,' Police Say Polk County Sheriffs deputies said they found the teen passed out on a sidewalk early Saturday. The boy also told investigators that he wanted to kill a lot of kids in retaliation for being expelled last month from Westside K-8 School in nearby Osceola County, allegedly for threatening to kill specific classmates in the wake of the shootings at Marjory Stoneman Douglas High School. Osceola County authorities hospitalized him against his will for psychiatric evaluations under Floridas Baker Act, which allows authorities to temporarily hold someone who has been deemed a threat to himself or others. How Stormy Daniels and Her Lawyer Are Using President Trump's Own Playbook to Take Him On With suggestive statements, cryptic tweets, provocative lawsuits and must-see television interviews, Trumps adversaries are using some of his own tactics to grab and keep the spotlight. From adult film star Stormy Daniels to former FBI Director James Comey, each has become a must-see supporting character in the presidents daily drama. At the moment, the most visible is Daniels, who received a $130,000 payment to stay silent about an alleged affair with Trump and is now seeking to invalidate a non-disclosure agreement. Get Ready for a Jaime Lannister Transformation in Game of Thrones' Final Season After finally making it back to Kings Landing in Game of Thrones season three finale, Jaime Lannister was given a makeover to match the emotional transformation he had undergone during his time on the road with Brienne of Tarth. Now, with just one season left to go in the Thrones saga, Jaime is apparently headed in the reverse directionfacially speaking, that is. Having left both his sister, Queen Continue reading >>

Bitcoin Puzzle: Price Is Up But Transaction Volume Isn't | Fortune

Bitcoin Puzzle: Price Is Up But Transaction Volume Isn't | Fortune

Earlier this year, when Bitcoins price fell by more than 60% from its record close, a less-noticed Bitcoin figure also plunged: the number of daily transactions. There are many explanations for the fall-off in trading, from software- to news-related. Whats less understood is why the level hasnt recovered as Bitcoins price made a 50% comeback since Feb. 5. Thats left some investors wondering whether the cryptocurrency is waning in popularity. The average number of trades recorded daily has roughly dropped in half from the December highs and touched its lowest in two years last month, even as Bitcoin became a household name and roared back above $10,000. The transaction data may be bad news for Bitcoin bulls, according to Charles Morris, chief investment officer of Newscape Capital Group in London, who invests in cryptocurrencies. Trading and purchases on the Bitcoin network, which can be measured by metrics like transaction volume, is indicative of price direction, he said. We had a hype-cycle and now its cooling down, Morris, whos working on a project that will facilitate price discovery in various cryptocurrencies, said by phone from London. We just may be entering a bear market for Bitcoin. Transactions plunged from a seven-day average of almost 400,000 in mid-December to about 200,000 this week, according to research firm Blockchain.info. The last time it was this low, the currency traded below $500. Transactions waiting to be officially recognized by the Bitcoin network dropped from a seven-day average of 130 million bytes in early January to about 35 million now. Average transaction confirmation times have tumbled though that may be in part because the technology that underlies Bitcoin has already been adapted to address some of these delays. For example, a softwa Continue reading >>

Exchanges - Is

Exchanges - Is "volume" The Quantity Of Btc Exchanged, Or The Number Of Trades Completed? - Bitcoin Stack Exchange

Trade 1: 100 BTC @ $75Trade 2: 0.5 BTC @ $76Trade 3: 100 BTC @ $77Trade 4: 100 BTC @ $78Trade 5: 100 BTC @ $78 Five individual trades occurred for a total of 400.5 BTC. There was a total of 200 BTC acting as a wall at $78. Similar to how I monitor the trade wall at mtgoxlive.com, I'd like to determine if the "wall moved" or if the "wall was eaten"/traded. I'm trying to gather that information from the MtGox website and not sure if they display the count of individual trades, or the BTC sum. Here, in the top level drop down menu Volume:75584 BTC however in the drop down graph I see volumes that range in 1,000 to 3,000 total. In the most current example I see a volume 17,261 of something (either trades, or BTC, I'm not sure) It seems that volume is measured in two ways, but with the same word: The quantity of BTC shares (and fractional units) traded The quantity of trades taken (a whole number) Since MtGox seems to overload the meaning of "volume" in the two instances, where can I find a more accurate representation / graph of each interpretation of "volume"? Continue reading >>

Japan Tops Bitcoin Trade Volumes Again As Poland Takes Surprise 6th Place

Japan Tops Bitcoin Trade Volumes Again As Poland Takes Surprise 6th Place

Japan Tops Bitcoin Trade Volumes Again As Poland Takes Surprise 6th Place Japan is once again the biggest player in Bitcoin trading as the US and China both bow to the countrys 43% market share. Japans mostly zero-fee trading has propelled it back to poll position in the world for exchanging the cryptocurrency. Data from CryptoCompare shows the Japanese yen (JPY) accounting for a huge 43.6 percent of Bitcoin trading volumes globally over the past 24 hours. Japans volume - over 97,000 BTC - dwarf those of the number two market the US dollar, which consumes another 25 percent of the total, or 55,800 BTC. Japan officially takes over U.S. and China to become the world's largest #bitcoin exchange market once again. Also, BTC is still above $3200 pic.twitter.com/Rf8H6prKBy Joseph Young (@iamjosephyoung) August 7, 2017 Japan had superseded China , which is now the number three market, for the first time in February as Chinese exchanges halted BTC withdrawals. After further market reshuffles, the allure of fee-free trading and tax breaks continues to produce major activity in the country. China, by contrast, is no longer offering free trades as part of its newly-regulated cryptocurrency environment. A major push is underway in Japan to increase on the ground consumer awareness and use of Bitcoin as a currency, with retailers gaining the opportunity to offer Bitcoin payments in brick and mortar outlets. Elsewhere, CryptoCompares listings produce some surprising results. The top five most active Bitcoin trading currencies - JPY, USD, CNY, KRW and EUR - are followed by Polands zloty (PLN), which has seen 858 BTC traded in 24 hours. The figures are larger than of the UK pound (GBP), Australian dollar (AUD), Canadian dollar (CAD) and Russian ruble (RUB). Continue reading >>

Bitcoin Price Breaks $5,100 As Japan Is Biggest Market By Volume Quartz

Bitcoin Price Breaks $5,100 As Japan Is Biggest Market By Volume Quartz

Bitcoin is now trading above $5,100, marking a new record high for the digital currency. This beat its previous high of just over $5,000 set on Sept. 1. As ever, the reasons for the rally remain opaque. What is clear is that a shutdown of bitcoin exchanges by the Chinese government in September only momentarily slowed the price rally. Trading volume in China has plunged to about 1.6% of the global market, according to Crypto Compare, a data provider. But Japan has picked up Chinas slack. In contrast to China, the Japanese regulator has issued licenses to 11 bitcoin exchanges operating there. Trading in Japanese yen is now the biggest single currency pair by volume, representing 58% of the market. The Bitflyer exchange based in Tokyo conducts about three-quarters of the yen trading volume. Bitcoin trading has decisively shifted away from China. The US dollar trade takes up about 27% of the market by volume, followed by another new major currency in the bitcoin markets, the Korean won, which represents 7% of the market by volume. Just two months ago, a price call of $5,000 bitcoin by years end was considered bullish. Now the analyst who made that call, Ronnie Moas of Standpoint Research, says his new target is $7,500 by the time 2017 is up. With bitcoins unpredictable price swings, Moas might just be proven right again. Continue reading >>

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