Bakkt Bitcoin Trading Volume Sets New Record After Flash Crash

Bitcoin just lost over $500 in a few minutes, and apparently, institutional investors went crazy. On Bakkt, trading volume for its Bitcoin monthly futures almost hit 350 BTC today. The indicator might exceed the 1,000 threshold by the end of the day.   Institutional Investors Use Bakkt to Buy Cheap While it’s difficult to understand […]

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Venezuela Traded Over $60M in Bitcoin Already in 2019

LocalBitcoins users in Venezuela spent nearly 160 billion VES buying 16,642 BTC in the first two months of 2019. At today’s price, those bitcoin are worth almost $63 million, with a record 25.16 billion VES spent just this week. Steady As She Goes Bitcoinist has closely followed the increase in LocalBitcoins usage in Venezuela, a […]

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Real Reversal? Yesterday Was The Highest Volume Day in Bitcoin History

Cryptocurrency analysts were celebrating December 21 after Bitcoin posted its biggest daily trade volume in history. 2.3M Daily Bitcoin Volume Data compiled by the fund manager known on Twitter as Crypto Quantamental confirmed Thursday had become the day with the single largest amount of BTC changing hands – a total of 2,266,735 BTC ($9.1 billion). […]

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Venezuela Traded More Bitcoin Than Ever Before In October

Venezuela set a new Bitcoin trading record last week as the country embraces cryptocurrency more than ever. Venezuela Trades 1075 BTC in 7 Days According to data from monitoring resource Coin Dance, despite continued volatility in the country’s dubious redenominated currency the Sovereign Bolivar, trade volumes for the seven days ending November 3 still beat […]

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