![Bitstamp bitcoin trading volume overtakes leading exchange Mt. Gox for first time](maxthumb/8474532085_6d010ee8d0_b.jpg)
Bitstamp bitcoin trading volume overtakes leading exchange Mt. Gox for first time
Mt. Gox has long been the leader of the bitcoin exchange market, but earlier this week Bitstamp revealed itself as a serious contender. On Monday (22nd July), 8,294.02 BTC were traded on Bitstamp, compared with 8,215.90 BTC on Mt. Gox. At several points since then, according to hourly data published on BitcoinCharts, Bitstamp has, again, overtaken Mt. Gox. Nejc Kodrič, CEO of Bitstamp, said: "This represents a milestone for us as well as recognition of our joint efforts. We will continue to improve and serve our clients to best of our capabilities," he added. Hourly bitcoin trading volumes....
Related News
It didn't seem like it was terribly long ago that Mt. Gox was leading by miles in terms of being the de facto Bitcoin exchange. Fast forward to early November, and we're finding out that Mt. Gox is not longer, well, leading by miles. In fact, two exchanges are catching up to Gox in trading volume. The first is - and I say this with little to no surprise - BTC China. The Chinese have taken tremendous interest in the digital currency, and as such, BTC China's trading volume is about 571k, compared to Gox's 578. Behind BTC China is BitStamp, with a volume of 547k. There's still a a sizable....
This week, Barry Silbert posted a tweet saying the new Coinbase exchange had exceeded Bitstamp and BTC-e trading volume for the first time. Silbert is the Founder of Digital Currency Group, a company building the foundation for the digital currency revolution by supporting new startups and ideas Bitcoin ecosystem. He is also the creator of the Bitcoin Investment Trust, as well as the founder of SecondMarket, a platform that manages private investment funds. It was on the 12th of February when Barry claimed over twitter that the exchange“trading volume had eclipsed Bitstamp and BTC-e for....
Following the 5th January announcement that it was suffering a "hot wallet issue" later determined to be the work of malicious actors, Bitstamp spent much of the last week offline, temporarily closing what had been among the top three exchanges for BTC/USD trading. The unexpected news set off a flurry of concerns that, less than one year after the demise of then-leading USD/BTC exchange Mt Gox, history could be repeating itself, and that Bitstamp may be the latest bitcoin exchange to close its doors due to a high-profile hack. By 9th January, however, Bitstamp indicated it would resume....
CoinDesk has created a new Bitcoin Price Index (BPI) based on the price and volume of bitcoins exchanged for Chinese yuan (CNY). The new Chinese yuan BPI is separate from the existing and widely referenced CoinDesk USD index, which CoinDesk will continue to maintain. The USD index and CNY index will complement each other by providing the most trusted bitcoin price in the two most commonly exchanged national currencies. Bitcoin's wild ride in China. The rise of bitcoin in China was a one of the big stories and catalysts in the latter half of 2013. Near the end of last year, CNY trading....
Last week's bitcoin price surge, initiated a chain react across all major bitcoin exchanges and bitcoin's trading volume reached its highest point in since late 2014. So, so did the price surge enkindle the rise in the trading volume? or did it go the other way round; the boosted trading volume pushed bitcoin price "to the moon"? Bitcoin Trading Volume Rising Across All Major Exchanges: According to blockchain.info, the bitcoin/USD exchange volume reached $42,637,208 on the 5th of November, the day that witnessed a price high of $447.47 on Bitstamp. Although the price exceeded $500 on the....