{"id":368751,"date":"2019-01-21T15:00:54","date_gmt":"2019-01-21T15:00:54","guid":{"rendered":"https:\/\/uniquehot.com\/?p=368751"},"modified":"2024-06-11T07:43:29","modified_gmt":"2024-06-11T07:43:29","slug":"bitcoin-transactional-volume-crossed-3-trillion-in-2018-research","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/","title":{"rendered":"Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research"},"content":{"rendered":"<p>The transactional volume of Bitcoin, the world&#8217;s leading decentralized digital currency, exceeded $3 trillion in 2018, researchers found.<\/p>\n<p>According to Satoshi Capital Research (SCR), the Bitcoin network experienced $2.2 trillion worth of trading volume. At the same time, it recorded $3.2 trillion in Layer One transactional volume, down 8.3% than the amount in 2017. However, the median change in Bitcoin trading volume since 2009 was positive, rising at an average rate of 2.91% every year.<\/p>\n<p>The New York firm compared Bitcoin&#8217;s trading volume with the volume of fiat\u00a0currencies of emerging economies. It noted that people traded the digital money more than Argentinian Pesos and Bulgarian Lev. At $2.2 trillion, Bitcoin was beaten only by Chilean Peso, Israeli Shekel, and Thai Baht, whose trading volumes were $4.38 trillion, $5.11 trillion and $6.57 trillion, respectively, in 2018.<\/p>\n<figure id=\"attachment_368756\" aria-describedby=\"caption-attachment-368756\" style=\"width: 602px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/DxZPcJFX0AAwxf9.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-368756\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/DxZPcJFX0AAwxf9.jpg?resize=602%2C372\" alt=\"\" width=\"602\" height=\"372\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/DxZPcJFX0AAwxf9.jpg?w=602 602w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/DxZPcJFX0AAwxf9.jpg?w=460 460w\" sizes=\"(max-width: 602px) 100vw, 602px\"><\/a><figcaption id=\"caption-attachment-368756\" class=\"wp-caption-text\">Source: SCR<\/figcaption><\/figure>\n<p>&#8220;This solidifies [Bitcoin&#8217;s] position as a serious global currency, ranking just under the Chilean Peso and more than 6x the Bulgarian Lev,&#8221; wrote SCR.<\/p>\n<h2>Fake Volumes<\/h2>\n<p>The researchers studied graphs provided by CoinMarketCap.com, a renowned crypto data aggregator service which arranges trading data from the order books of multiple crypto exchanges. Several of these exchanges are unregulated so it increases the probability of wash trading, whereby a trading service simultaneously buys and sells an asset to manipulate its value.<\/p>\n<p><a href=\"https:\/\/uniquehot.com\/press-releases\/against-fake-volume-allegation-okex-distributes-5m-trading-commissions-to-users-weekly\/\">According to Blockchain Transparency Institute<\/a> (BTI), an independent blockchain research group, the volume of top pairs that CoinMarketCap.com sources from exchanges are fake. Trading companies like OKEx, Huobi, and BitHumb have allegedly reported wrong trading volumes of their Bitcoin-related pairs.<\/p>\n<p>&#8220;We have calculated the true volume of the CMC top 25 BTC trading pairs,&#8221; <a href=\"https:\/\/www.blockchaintransparency.org\/december-2018-rankings\/\" rel=\"nofollow\">read<\/a> BTI. Most of these pairs actual volume is under 1% of their reported volume on CMC. We noted only 2 out of the top 25 pairs not to grossly wash trading their volume, Binance, and Bitfinex.&#8221;<\/p>\n<h2>OTC Trading<\/h2>\n<p>Also, SCR didn&#8217;t discuss how a considerable portion of trading volumes does not appear on exchanges&#8217; order books. People with a high number of Bitcoin units exchange them over-the-counter, in a process called OTC trading. Just recently, Goldman Sachs-backed Circle alone posted $24 billion worth of OTC\u00a0trading volume in 2018 at its exchange. It proved that how big investors use offline services to conduct bitcoin trades &#8211; they lie anywhere between $50,o00 and the hundreds and millions of dollars.<\/p>\n<p>Reuters <a href=\"https:\/\/www.reuters.com\/article\/us-crypto-currencies-otc\/otc-crypto-market-flourishes-powered-by-skype-idUSKCN1H91P4\" rel=\"nofollow\">reported<\/a> that crypto company Genesis Trading handled $75 million to 85 million worth of trading volume every day, which didn&#8217;t make to the CoinMarketCap index.<\/p>\n<p>Meanwhile, Tabb Group, a UK-based marketing research firm, in its <a href=\"https:\/\/research.tabbgroup.com\/report\/v16-013-crypto-trading-platforms-target-institutional-market\/\" rel=\"nofollow\">April 2018 study<\/a>, said that the OTC market could be 2-3 times bigger than the online exchange market.<\/p>\n<p>\u201cThe big deals have to go OTC. A lot of the exchanges limit the order size, so you have to break up your orders, and that\u2019s just fatal,\u201d said Monica Summerville, Tabb&#8217;s director of fintech research.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The transactional volume of Bitcoin, the world&#8217;s leading decentralized digital currency, exceeded $3 trillion in 2018, researchers found. According to Satoshi Capital Research (SCR), the Bitcoin network experienced $2.2 trillion worth of trading volume. At the same time, it recorded $3.2 trillion in Layer One transactional volume, down 8.3% than the amount in 2017. However, the median change in Bitcoin trading volume since 2009 was positive, rising at an average rate of 2.91% every year. The New York firm compared Bitcoin&#8217;s trading volume with the volume of fiat\u00a0currencies of emerging economies. It noted that people traded the digital money more than Argentinian Pesos and Bulgarian Lev. At $2.2 trillion, Bitcoin was beaten only by Chilean Peso, Israeli Shekel, and Thai Baht, whose trading volumes were $4.38 trillion, $5.11 trillion and $6.57 trillion, respectively, in 2018. &#8220;This solidifies [Bitcoin&#8217;s] position as a serious global currency, ranking just under the Chilean Peso and more than 6x the Bulgarian Lev,&#8221; wrote SCR. Fake Volumes The researchers studied graphs provided by CoinMarketCap.com, a renowned crypto data aggregator service which arranges trading data from the order books of multiple crypto exchanges. Several of these exchanges are unregulated so it increases the probability of wash trading, whereby a trading service simultaneously buys and sells an asset to manipulate its value. According to Blockchain Transparency Institute (BTI), an independent blockchain research group, the volume of top pairs that CoinMarketCap.com sources from exchanges are fake. Trading companies like OKEx, Huobi, and BitHumb have allegedly reported wrong trading volumes of their Bitcoin-related pairs. &#8220;We have calculated the true volume of the CMC top 25 BTC trading pairs,&#8221; read BTI. Most of these pairs actual volume is under 1% of their reported volume on CMC. We noted only 2 out of the top 25 pairs not to grossly wash trading their volume, Binance, and Bitfinex.&#8221; OTC Trading Also, SCR didn&#8217;t discuss how a considerable portion of trading volumes does not appear on exchanges&#8217; order books. People with a high number of Bitcoin units exchange them over-the-counter, in a process called OTC trading. Just recently, Goldman Sachs-backed Circle alone posted $24 billion worth of OTC\u00a0trading volume in 2018 at its exchange. It proved that how big investors use offline services to conduct bitcoin trades &#8211; they lie anywhere between $50,o00 and the hundreds and millions of dollars. Reuters reported that crypto company Genesis Trading handled $75 million to 85 million worth of trading volume every day, which didn&#8217;t make to the CoinMarketCap index. Meanwhile, Tabb Group, a UK-based marketing research firm, in its April 2018 study, said that the OTC market could be 2-3 times bigger than the online exchange market. \u201cThe big deals have to go OTC. A lot of the exchanges limit the order size, so you have to break up your orders, and that\u2019s just fatal,\u201d said Monica Summerville, Tabb&#8217;s director of fintech research.<\/p>\n","protected":false},"author":496,"featured_media":368770,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,2386,11093,14557],"class_list":["post-368751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-huobi","tag-okex","tag-wash-trading"],"acf":[],"yoast_head":"\n<title>Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research<\/title>\n<meta name=\"description\" content=\"The transactional volume of Bitcoin, the world&#039;s leading decentralized digital currency, exceeded $3 trillion, researchers found.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research\" \/>\n<meta property=\"og:description\" content=\"The transactional volume of Bitcoin, the world&#039;s leading decentralized digital currency, exceeded $3 trillion, researchers found.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-21T15:00:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:43:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?fit=1000%2C563\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Davit Babayan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Davit Babayan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/\"},\"author\":{\"name\":\"Davit Babayan\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223\"},\"headline\":\"Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research\",\"datePublished\":\"2019-01-21T15:00:54+00:00\",\"dateModified\":\"2024-06-11T07:43:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/\"},\"wordCount\":481,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?fit=1000%2C563\",\"keywords\":[\"bitcoin\",\"huobi\",\"OKEx\",\"wash trading\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/\",\"url\":\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/\",\"name\":\"Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?fit=1000%2C563\",\"datePublished\":\"2019-01-21T15:00:54+00:00\",\"dateModified\":\"2024-06-11T07:43:29+00:00\",\"description\":\"The transactional volume of Bitcoin, the world's leading decentralized digital currency, exceeded $3 trillion, researchers found.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?fit=1000%2C563\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?fit=1000%2C563\",\"width\":1000,\"height\":563},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223\",\"name\":\"Davit Babayan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g\",\"caption\":\"Davit Babayan\"},\"description\":\"Davit Babayan is an Armenia-based expat balancing the academic life of a software design engineer with the experiences of a financial technology journalist. He aspires to be a full-time columnist and wants to write a book that would be called, \\\"A Homeless Who Found Bitcoin.\\\"\",\"url\":\"https:\/\/uniquehot.com\/author\/davitbabayan\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research","description":"The transactional volume of Bitcoin, the world's leading decentralized digital currency, exceeded $3 trillion, researchers found.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research","og_description":"The transactional volume of Bitcoin, the world's leading decentralized digital currency, exceeded $3 trillion, researchers found.","og_url":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-01-21T15:00:54+00:00","article_modified_time":"2024-06-11T07:43:29+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?fit=1000%2C563","type":"image\/jpeg"}],"author":"Davit Babayan","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Davit Babayan","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/"},"author":{"name":"Davit Babayan","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223"},"headline":"Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research","datePublished":"2019-01-21T15:00:54+00:00","dateModified":"2024-06-11T07:43:29+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/"},"wordCount":481,"commentCount":0,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?fit=1000%2C563","keywords":["bitcoin","huobi","OKEx","wash trading"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/","url":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/","name":"Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?fit=1000%2C563","datePublished":"2019-01-21T15:00:54+00:00","dateModified":"2024-06-11T07:43:29+00:00","description":"The transactional volume of Bitcoin, the world's leading decentralized digital currency, exceeded $3 trillion, researchers found.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?fit=1000%2C563","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?fit=1000%2C563","width":1000,"height":563},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223","name":"Davit Babayan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g","caption":"Davit Babayan"},"description":"Davit Babayan is an Armenia-based expat balancing the academic life of a software design engineer with the experiences of a financial technology journalist. He aspires to be a full-time columnist and wants to write a book that would be called, \"A Homeless Who Found Bitcoin.\"","url":"https:\/\/uniquehot.com\/author\/davitbabayan\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research","url":"http:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?fit=1000%2C563"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Davit Babayan"}],"creator":["Davit Babayan"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","huobi","okex","wash trading"],"dateCreated":"2019-01-21T15:00:54Z","datePublished":"2019-01-21T15:00:54Z","dateModified":"2024-06-11T07:43:29Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-transactional-volume-crossed-3-trillion-in-2018-research\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2019\\\/01\\\/shutterstock_1011096853.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2019\\\/01\\\/shutterstock_1011096853.jpg?fit=1000%2C563\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Davit Babayan\"}],\"creator\":[\"Davit Babayan\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"huobi\",\"okex\",\"wash trading\"],\"dateCreated\":\"2019-01-21T15:00:54Z\",\"datePublished\":\"2019-01-21T15:00:54Z\",\"dateModified\":\"2024-06-11T07:43:29Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/01\/shutterstock_1011096853.jpg?fit=1000%2C563","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/368751"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/496"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=368751"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/368751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/368770"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=368751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=368751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=368751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}