Huobi pushes the price of Bitcoin upwards this weekend
Do you wonder why the Bitcoin price suddenly have increased this weekend? Take a look at the graph below of the Huobi trading volume. They have an insane trading volume now with more than 200 Bitcoins being traded every minute. They beat both Mt. Gox, Bitstamp and BTC China. So why has Huobi surpassed BTC China in trading volume? It has been said that current exchanges in China have used their CEO's personal bank accounts to start it off. BTC China's CEO Bobby Lee has been able to put up corporate bank accounts because of the risk involving his own personal bank account.While Thus Li Lin,....
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During the course of the week digital currency markets have seen colossal gains and one crypto asset, in particular, XRP, has jumped significantly in value over the last seven days. The distributed ledger token XRP climbed 25% upwards on Tuesday alone, and seven-day price stats show the coin has gained 123% as well. At the time of publication, XRP is currently swapping for $0.677 per coin as it gained more than 25% during the early morning (ET) trading sessions on Tuesday. The coin holds the third-largest market valuation today with a current liquid market cap at around $22.55 billion. The....
Bitcoin rose during the weekend and continued trading upwards on Monday as traders weighed its bullish prospects against a tanking US dollar.
Bitcoin is making gains after a strong volume weekend while ether’s percentage of BTC price shows it may have room to climb.
The chief of one of the biggest Chinese Bitcoin exchanges has penned a journal seeking regulations for the digital currency sector. The article, written by Huobi's CEO Leon Li, has arrived in the wake of growing regulatory uncertainties in the Chinese Bitcoin market, which - ironically and reportedly - hosts more than 80% of the world's digital currency transactions already. This might be the first time when an industry's representative has stepped up to speak in favor of Bitcoin regulation, in spite of knowing the China's strict stand on the digital currency in past. Huobi is pushing....
Entrepreneur Li Xiaolai speaks at Huobi's birthday event. This weekend has seen two large gala evening events hosted by large Chinese bitcoin exchanges: Huobi's first anniversary celebrations on Saturday and the 'One Night in Beijing with OKCoin' mini-conference on Friday. Both took place at five-star hotels in Beijing, with attendees numbering several hundred for each event. Each event featured an exhibition of Chinese bitcoin companies that included app developers, ATM manufacturers and mining hardware makers. Audience at OKCoin's event on Saturday night. Chinese bitcoin news site Bitell....