Bitcoin Gold skyrockets

Bitcoin Gold was finally listed on CoinmarketCap and already went ahead of most major cryptocurrencies with its price and capitalisation growing up
26 November 2017   3005

Bitcoin Gold is a cryptocurrency which forked from Bitcoin on October 25 and it is rapidly gaining top positions being ahead of major altcoins such as Dash, Litecoin, NEO, Monero and IOTA. The coin rose by hundreds of dollars in price since its listing and currently takes 5th place in the list of coins ranked by market capitalisation.

Coinmarketcap list top coinsList of top coins ranged by market capitalisation

Bitcoin Gold rose by 148% within past 7 days and one of the main reasons behind Bitcoin Gold price increase might be the announcement that cryptocurrency exchanges Bithumb and Bitfinex have both added BTG trading pairs to their platforms.

Bitfinex added BTG/BTC and BTG/USD, while Bithumb added BTG/KRW trading pairs. Bitcoin Gold has already been traded on biggest exchanges like Bittrex, HitBTC, and Binance.

Bitcoin gold charts november 2017Bitcoin Gold Charts

At the moment of press, these are main market parameters of Bitcoin Gold:

  • Average price: $343.27
  • Marketcap: $5,723,428,863
  • 24h volume: $167,728,000

OKEx to Delist Bitcoin Gold Futures

As the reason for this decision, it is called the “insufficient liquidity” of this financial instrument 
21 January 2019   1405

OKEx reported on the imminent delisting of all Bitcoin Gold (BTG) futures contracts, including weekly, two-week and quarterly contracts. As the reason for this decision, the exchange refers to the “insufficient liquidity” of the financial instrument.

All BTG futures contracts will be calculated on 9am, Jan 25, 2019 (CET, UTC+1) in accordance with the price fixed in the BTG / USD index on OKEx an hour before.

In addition, on January 30, all data on BTG futures trading will be deleted, and therefore the exchange recommends that users who may need this data download them in advance.

Bitcoin Gold separated from the main bitcoin blockchain in November 2017. Last May, the cryptocurrency network was attacked by 51%, during which 388,000 BTG (about $ 18 million) were stolen from several exchanges. Currently, Bitcoin Gold is the 27th largest cryptocurrency with a capitalization of $ 195 million.