Bitcoin-Powered Whaleclub Crosses $1B in Total Trading Volume

Bitcoin-Powered Whaleclub Crosses $1B in Total Trading Volume

The Hong Kong-based Whaleclub is a bitcoin trading platform that has amassed over 15,000 traders since it started in January of 2016. The trading engine is offered in over 190 countries worldwide and just recently surpassed US$1 billion worth of trades on the platform. Whaleclub Sees Significant Growth. Whaleclub started last year by creating a trading....


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The price of bitcoin surged more than 2% on Thursday, 8th September, nearing $630 as speculators caused the digital currency to extend gains produced earlier this week. The digital currency’s climb did not coincide with any major news catalysts, and while trading volume picked up to the last few sessions, it was still generally low. Considering these tepid market dynamics, a short squeeze likely fueled bitcoin’s more than 2% gain, Petar Zivkovski, director of operations at leveraged bitcoin trading platform Whaleclub, told CoinDesk. At press time, the digital currency had reached a high of....

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