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RE: Dew News - Where is Bitshares Headed? - A Peak at Bitshares Exchange - Decentralized Exchange
One reason BTS has skyrocketed in the last couple of days is that it just started trading on a major Chinese exchange. There are other reasons as well - the hype around EOS (based on same tech as BTS and Steem). And the technology is superior to Ethereum and most if not all other cryptocurrencies. 3 second blocks, 1000s of transactions per second, and no transaction fees.
Interesting info about the Chinese exchange. Part of me was wondering if it had something to do with people signing up for OpenLedger account because of the new whaleshares thing on steemit. But I didn't think that would create enough volume. New Chinese exchange makes more sense. Thanks.
And I imagine it will be coming to other exchanges soon!