Bithumb takes over 51% of global market share within five days of integrating QTUM

SEOUL, South Korea, Nov. 13, 2017 /PRNewswire/   Bithumb’s trading volume jumps sixfold overnight after integrating QTUM Bithumb ranks first in global exchange for Ethereum (ETH), Bitcoin Cash (BCH), and Ripple (XRP) Bithumb’s tenth coin, QTUM, reaches a new all-time high of 17,053 KRW since integration Ranking for Bithumb exchange   Within five days of integrating QTUM as its tenth coin, Bithumb has become the largest QTUM exchange. On October 20th, “Bithumb” (CEO Kim Dae-shik), the world’s largest cryptocurrency exchange, listed QTUM as its tenth coin and ranked first in the QTUM exchange with 51% of…

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Bitcoin Pushes Past $7000, is this sustainable?

Bitcoin one year ago was trading at $733, today Bitcoin is over $7000, an increase of more than 860% in 12 months.   source – Cryptocompare   Numerous questions arise as to the resilience of Bitcoin and why the price is driving towards new highs, some predicting from $10,000 by end of 2017 to the prediction of $27,000 in a few months time by Trace Meyer.   As reported by bitcoin.com, Economist Jeffrey Tucker believes that Bitcoin will not be controlled or limited by governments.  Tucker says “Bitcoin is the application…

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World’s Biggest Options Exchange (CBOE) Embraces Bitcoin

A 1.6 Billion Bitcoin Opportunity for Wall Street Exchanges detailed by a cryptocurrency report by the Bank of America Merril Lynch. Bitcoin can no longer be ignored as more investors want exposure to the cryptocurrency. Futures Options and ETF’s are the focus points for a collaboration between Gemini Bitcoin Exchange and the Chicago Board Options Exchange – when this comes to fruition, it could put a fire under the Bitcoin price and value.     In a recent Coindesk article on Bitcoin Futures Trading – “Among CME Group chairman and CEO…

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Who is Buying Bitcoin?

The Bitcoin price and value continue to rise and this week has seen Bitcoin drive past the $5000 level, a new all time high. Interesting to note that Japan leads the current 24-hour ranking. #1 Japanese Yen – 54.54% #2 U.S. Dollar – 26.64% #3 Chinese Yuan – 8.23% #4 South Korean Won – 6.11% #5 Euro – 3.01%   In 2016, reporting showed that most of the trading was coming from China, however, since the People’s Bank of China imposed strict regulations on the crypto exchanges in the country, the percentage…

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Bitcoin, Ethereum, Dash – Which are the best?

There are over a 1000 cryptocurrencies / crypto assets in circulation and it is important to understand the differences as well as use cases before making a decision to invest.  Crypto’s are not equal – Some are “me too’s”, some have specific uses and some have Unique Selling Points.     #1 PAYMENT SYSTEM AND DIGITAL CASH BITCOIN – A digital and global payment system that allows people to send or receive money across the internet to anyone, anywhere, anytime. Store of Value, Backed by mathematics and Proof vs trust…

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