Bitcoin Trading Is Booming in Uncertain Russia, With 350% Spike in New Users on Paxful

Bitcoin Trading Is Booming in Uncertain Russia, With 350% Spike in New Users on PaxfulBitcoin trading is growing in Russia. That’s despite attempts by the government to make it difficult for investors to do so. For years, Russian lawmakers have blown hot and cold over cryptocurrency regulation, creating an atmosphere that has often left the entire digital asset industry in the country on tenterhooks. According to Paxful, Russian users […]

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Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion

Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 BillionPeer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between January and June this year, it […]

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Localbitcoins 2019 Revenue Rises 10% to $29.6 Million Amid Increased Paxful Competition

Localbitcoins 2019 Revenue Rises 10% to $29.6 Million Amid Increased Paxful CompetitionPeer-to-peer (P2P) crypto exchange Localbitcoins has reported that 2019 revenue rose 10% to $29.6 million from $27 million a year ago. For the year, operating income fell 6% to $19.9 million from $21.2 million the year before. Localbitcoins did not provide detail about net profit. The Finnish marketplace said about $2.8 billion in volume was […]

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Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos

Countries Suffering from Rapid Inflation Show Significant Demand for CryptosCryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like BTC are seeing all-time price highs. The surge in value is not just taking […]

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Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed Debate

Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed DebateThere’s over $100,000 on the line that could be given to charity for about an hour of Adam Back’s time. If he chooses to debate Bitcoin Unlimited’s Peter Rizun over why he thinks it’s a bad idea to scale with larger blocks, Paxful’s Ray Youssef‏ has pledged $100K in addition to Roger Ver’s initial $10K […]

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