LocalBitcoins

Bitcoin Trading Surges as Malaysia Mulls Cash Payment Limit (bitcoinist.com) 11/13/2019 - 3:13pm
The peer-to-peer trade volumes of bitcoin spiked in Malaysia as their central bank discussed the prospects of capping cash transactions. The Central Bank of Malaysia announced this week that it is going to introduce a cash transaction limit of RM25,000 (~$6,000) starting next year. Deputy Governor Datuk Abdul Rasheed Ghaffour said all transactions...
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Could Cash Restrictions in Malaysia Boost Crypto Usage (newsbtc.com) 11/11/2019 - 11:00pm
Malaysia has joined a growing list of nations imposing capital controls on their people. Economic and geopolitical tensions are forcing governments to restrict the flow of money across their borders. As this is practically a form of financial subjugation, will more turn to crypto? Crypto Over Cash Controls? It was reported by local media this week...
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Аргентина установила рекорд торговли BTC на фоне новых ограничений ЦБ (bitnovosti.com) 11/11/2019 - 10:34am
На прошлой неделе на двух самых востребованных рынках Южной Америки – в Аргентине и Венесуэле – объемы торгов биткойном достигли новых рекордов. Согласно данным ресурса Coin Dance, за прошедшую неделю в Аргентине и Венесуэле было осуществлено больше сделок с BTC, чем когда-либо. За указанный период в Аргентине в торгах с биткойном на P2P-платформе...
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Argentina Sets New Trading Record After Central Bank Bans Bitcoin Buys (cointelegraph.com) 11/11/2019 - 3:30am
Venezuela, Argentina trade more on Localbitcoins than ever before in their weakening currencies
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Cryptocurrency and Identity Theft Scam Hits Riot Games Founder (beincrypto.com) 11/08/2019 - 2:15am
This year has seen a string of cryptocurrency scams tied to high profile persons, most of whom aren’t even necessarily in the digital assets space. The latest big-name victim happens to be Marc Merrill, the founder of Riot Games, who got his identity and credit card stolen, which was then used to purchase cloud computing services from Amazon and...
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Turkey to Launch its State Backed Crypto Asset Next Year (bitcoinist.com) 11/06/2019 - 6:36am
Turkey’s state-backed digital asset, the crypto lira or digital lira is scheduled for launch next year. The move has the potential to bring about a heightened interest in government-backed or other large-scale digital coin launches, by various other countries/corporations. Digital Lira Part of 2020 Presidential Platform Social media reports...
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Bitcoin Shatters Trading Volume Record on Peer-to-Peer Crypto Platform in Argentina As BTC Trades At 38% Premium (dailyhodl.com) 11/05/2019 - 9:15am
With Argentina facing rising prices and economic turmoil amid heavy capital restrictions imposed by the central bank designed to stablizie the national currency, Bitcoin trading volume has reached an all-time high on peer-to-peer crypto trading platform LocalBitcoins. While the Central Bank of the Argentine Republic cracked down last week,...
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Переходите на Hodl Hodl: Сравнение с другими P2P биржами (bitnovosti.com) 11/05/2019 - 1:13am
Hodl Hodl продолжает серию образовательных постов, посвященную трейдерам, которые торгуют на других P2P площадках, но знакомы или не очень знакомы с Hodl Hodl (hodlhodl.com). Начиная с 1 октября на Localbitcoins, не проходя верификацию, в год вы можете купить не больше 1000 EUR в Биткойне. Вы не можете создавать офферы и продавать биткойны без...
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Bitcoin Demand in Economically Volatile Countries Reaches Record Highs (newsbtc.com) 11/01/2019 - 2:45am
Nothing drives up demand for Bitcoin more than economic and political uncertainty. Well maybe a large dose of China initiated FOMO, but fundamentally BTC acts as a solid hedge against failing fiat and economic policy. This year has not been one to remember for a number of nations, and that has clearly been reflected in their demand for digital...
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A Look at Bitcoin P2P Trading in Politically Tense Countries (bitcoinist.com) 10/31/2019 - 1:00pm
Bitcoin (BTC) still keeps up the pace when it comes to P2P markets worldwide. The usage of those markets circumvents exchanges, and allows small-scale exchanges with less formality. Here’s a look at how important it is in countries with significant financial and political concerns. Peer-to-Peer in Distressed Regimes Bitcoin trading through P2P...
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Charting the course of Bitcoin, 11 years and counting (blog.coinbase.com) 10/31/2019 - 9:01am
Eleven years ago today, the Bitcoin white paper was published, forever changing technology, finance, and our relationship with money.As with other technologies, money has gone through many upgrades over the years. It’s evolved from trading seashells and metal coins to tapping apps and swiping cards, and from facilitating transactions between...
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Why Bitcoin Is the Perfect Haven for Argentines in This Economic Crunch (bitcoinmagazine.com) 10/29/2019 - 2:26pm
Between the characteristic Latin American lifestyle, the friendly people and the buzzing nightlife, Argentina is a joy to visit. For locals, however, it’s not an easy place to live in. For the eighth time in its 209-year history and the second time in the past 13 years, the country finds itself entering into billions of dollars worth of debt. In...
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P2P Bitcoin Trading Volume in India Explodes Past All-Time High (beincrypto.com) 10/29/2019 - 12:05pm
The weekly trading volume of Bitcoin (BTC) against the Indian rupee has spiked substantially on Paxful. It is currently sitting at an all-time high. Interest in Bitcoin seems to be on an uptrend in India as trading volumes spike to levels never seen before. Peer-to-peer Bitcoin trading platform Paxful recently recorded a record for BTC/INR. This...
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New Boost for Bitcoin Trading as Citizens of Argentina Can Now Buy Only $200 a Month (coinspeaker.com) 10/29/2019 - 4:25am
Coinspeaker New Boost for Bitcoin Trading as Citizens of Argentina Can Now Buy Only $200 a Month When it comes to blockchain and digital currencies, the whole world is split down the middle: some governments are driving crypto-friendly policy while others are fending off cryptocurrencies by means of strict regulation. On Sunday, the Central Bank...
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Flaws in LocalBitcoins Data Call Into Question Regional Adoption Claims (nasdaq.com) 10/29/2019 - 12:33am
When bitcoin advocates claim adoption is surging in developing countries, particularly during periods of political unrest or economic turmoil, their go-to source for evidence is often LocalBitcoins.
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Bitcoin Trading Spikes as Argentina Bans Buying More Than $200 a Month (cryptosyringe.com) 10/28/2019 - 11:24am
Argentina is back on the radar for Bitcoin (BTC) proponents after sudden capital controls cut U.S. dollar purchasing power by 98%. Central bank: $200 limit “temporary” As news outlets reported, including Cointelegraph Brasil on Oct. 28, the country’s central bankhas opted to reduce the amount of dollars a saver can purchase each month from $10,000...
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Argentina Begins Currency Control Tango, Feeding Black Markets and Crypto Trading Volumes (coinspice.io) 10/28/2019 - 11:14am
TL;DR: Something feels different this time. From Hong Kong to Lebanon and even Chile, it seems more people are taking advantage of modern, digital capital choices. The latest round of instances anecdotally pointing in that direction involves the South American country of Argentina. Its newly elected regime’s sweep into control caused the nation’s...
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Argentines Can Now Only Buy $200 Monthly; That is Why Bitcoin Must Succeed (coinfo) 10/28/2019 - 10:32am
New capital control measures in Argentina has made a strong case for why Bitcoin (BTC) must succeed with its deflationary attribute that shields the wealth of individuals living in economically-troubled nations. On Sunday, the Central Bank of the Republic of Argentina introduced stringent rules that mean citizens can not spend more than $200 on...
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Bitcoin Sees Top 3 Week As Argentina Cuts Dollar Allowance By 98% (bitcoinist.com) 10/28/2019 - 8:00am
Bitcoin could see fresh gains in Argentina after the country became the latest to increase capital controls on foreign currency. Argentine Government Squeezes Forex Access As local news outlet Clarín reported on October 27 citing the Central Bank of Argentina (BCRA), the monthly US dollar purchase allowance for savers will dive to just $200. The...
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Chinese President Calls for Increased Blockchain Adoption  (insidebitcoins.com) 10/26/2019 - 11:21am
There has been a lot of talks about the prospect of China launching a state cryptocurrency, as well as speculations over what the country plans to do with its renewed acceptance of blockchain technology. Now, the president of the world economic powerhouse is advocating continued adoption of the latter technology. According to a report from...
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LocalBitcoins Is About To Freeze Unverified Accounts – Withdrawal Of BTC Will Be Blocked Starting November 1 (oracletimes.com) 10/25/2019 - 2:42am
LocalBitcoins is in the spotlight again, freaking out its users. As you already know, for crypto enthusiasts and not only, privacy is a vital key, and it’s not too far-fetched to say that it defines the nature of digital assets. People who are jumping into the crypto wagon definitely don’t want their identity revealed, and they don’t feel...
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LocalBitcoin's Bitcoin Trading Volumes Plummet Amid Crypto Market Slowdown (cryptoglobe.com) 10/25/2019 - 1:20am
Peer-to-peer bitcoin trading platform LocalBitcoins has seen its trading volumes drop to low the platform hadn’t seen since June of 2013, roughly a year after it first launched.
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Crypto Exchange Binance Adds First Fiat Trading Pair, CEO Hints More Will Follow (newsbtc.com) 10/24/2019 - 4:00pm
Binance has added its first fiat currency trading pair. Nigerian users of the platform will now be able to deposit using their local currency, the naira, at the popular crypto trading venue. Previously, users of the platform have only been able to trade cryptocurrency for other cryptocurrency. However, that looks set to change with today’s...
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Daily Trending News and Market Sentiment: Bitcoin Struggles, Binance Nigeria, Bitcoin Venezuela (bitcoinnews.com) 10/24/2019 - 3:28pm
Bitcoin stubbornly held on for dear life to what is a psychological support zone around USD 7,500 today, but despite best efforts was pushed several times below that. After registering a low of USD 7,347 sometime yesterday and again today, it is right now trading at USD 7,451 at 7:00 pm UTC ( CoinDesk ). There does not seem to be too much hope for...
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P2P bitcoin trading platform Paxful adds 800K wallets in the past 12 months, driven by growth in Africa (theblockcrypto.com) 10/24/2019 - 9:00am
Peer-to-peer (P2P) bitcoin exchange Paxful has seen increased volumes from users in Nigeria, Ghana, Kenya, U.S. and India in the past 12 months. Terming it as a “major growth milestone,” Paxful said it added over 800,000 wallets during the period and now services a total of 3 million wallets. “We’ve seen 15 million trades across the platform...
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P2P Exchange Paxful Hits 3m Wallets During 2019 Growth Spurt (cryptobriefing.com) 10/24/2019 - 9:00am
P2P cryptocurrency exchange Paxful has announced significant growth over the 12-month period leading up to October 2019. It now has over three million wallet addresses, with 800k of those having been added in the last year. A large proportion of new users are based in developing countries, with the US also representing a growing market. Paxful...
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Interview with Daniel Polotsky, CEO of Coinflip Bitcoin ATM’s (coinatmradar.com) 10/24/2019 - 3:55am
In this interview you will hear Daniel Polotsky, the CEO of Coinflip Bitcoin ATM’s, talking about his introduction to the crypto and Bitcoin space, as well as regulations and finance. At first, he tells an interesting story about how he got the idea to get into the crypto ATMs. Considering that in the beginning, crypto ATMs were not at all user-...
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Snowden on Joe Rogan Podcast, Ripple Opens DC Office, LocalBitcoins Volume Down After KYC (coinspice.io) 10/23/2019 - 1:14pm
TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Edward Snowden on Joe Rogan brings issues of government corruption and privacy back into focus. Ripple opens an office in Washington, DC. Facebook could lose banking services because of Libra. US Congress introduces a bill to classify stablecoins as securities...
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Bitcoin Wallet Market To Business Applications with Top Key Players: Xapo, ANXPRO, Wirex, Blockchain, CEX.IO, General Bytes (galusaustralis.com) 10/22/2019 - 11:58pm
The Bitcoin Wallet Market report profiles the following companies, which includes: Xapo, ANXPRO, Wirex, Blockchain, CEX.IO, General Bytes, ItBit, Circle, Airbitz, 37coins, LocalBitcoins. The Bitcoin ...
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Chilean ATMs Reportedly Locked As State of Emergency Declared — This Is Why Bitcoin (beincrypto.com) 10/22/2019 - 7:15am
There have been reports of some banking users in Chile being unable to withdraw funds. As unrest in the country continues to spiral out of control, the case for Bitcoin becomes all the more clear. One of the main arguments in favor of Bitcoin, and cryptocurrencies, in general, is that they allow users to ‘be their own bank.’ In fact, there seems...
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Flaws in LocalBitcoins Data Call Into Question Regional Adoption Claims (coindesk.com) 10/22/2019 - 6:00am
LocalBitcoins data is a starting point for research, but it isn't conclusive evidence of grassroots adoption.
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Flaws in LocalBitcoins Data Call Into Question Regional Adoption Claims (finance.yahoo.com) 10/21/2019 - 11:45pm
When bitcoin advocates claim adoption is surging in developing countries, particularly during periods of political unrest or economic turmoil, their go-to source for evidence is often LocalBitcoins.
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Chinese And Thai Traders Stockpile Bitcoin As Asian Fears Of Recession Grow (cryptobriefing.com) 10/21/2019 - 2:49pm
Economic uncertainty in the world’s second-largest economy may explain a sudden surge in the amount of Bitcoin (BTC) purchased with Chinese Yuan (CNY) as local traders place value into something believed to be uncorrelated to the world economy, and therefore potentially recession-proof. Data collected by cryptocurrency investment firm ID Theory...
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Local Bitcoin Volumes Plunge After KYC (cryptonewmedia.press) 10/21/2019 - 1:45pm
Crypto New Media Press Bitcoin volumes at the oldest peer to peer trading platform, Localbitcoins, have seen a drastic fall beginning October 1st. In the week ending September 28th, the platform handled nearly $61 million in bitcoin trading volumes across the globe. Since then they have been falling. Down to $47 million on the 5th of October, $41...
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4 Reasons Why Bitcoin is So Popular in South Africa (bitcoinist.com) 10/21/2019 - 6:00am
Bitcoin and cryptocurrencies, in general, continue to thrive in South Africa even as such interest comes with a multitude of scams and fraudulent investment schemes. The country even ranks second in the world for bitcoin searches according to Google Trends. Here are four reasons for the continued interest in bitcoin among South Africans. (1)...
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Huobi Expands Services With Turkish Lira (bitcoinmagazine.com) 10/18/2019 - 6:17pm
Huobi, a prominent cryptocurrency exchange based in Singapore, has unveiled plans to increase the ease of access for individuals trading in the Turkish currency, the lira. The company announced this move via press release on October 18, 2019. It claims that its lira gateway will be the first of its kind for a global cryptocurrency exchange and...
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Huobi Expands Services With Turkish Lira (e-cryptonews.com) 10/18/2019 - 6:17pm
Huobi, a prominent cryptocurrency exchange based in Singapore, has unveiled plans to increase the ease of access for individuals trading in the Turkish currency, the lira. The company announced this move via press release on October 18, 2019. It claims that its lira gateway will be the first of its kind for a global cryptocurrency exchange and...
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Daily Trending News and Market Sentiment: Binance Futures Popular, $20K Bitcoin by 2021, CipherTrace Adds 700 Coins (bitcoinnews.com) 10/16/2019 - 11:55am
Bitcoin has let go of its hold above USD 8,000 just moments ago in late afternoon Central European trading, when registering a daily and weekly low of USD 7,940 at around 2:00 pm London time ( CoinDesk ). This move completes a 3.66% drop in daily value from yesterday , rounding off and confirming the bearish bias that had been showing on charts...
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How to Swap Crypto Without Using a Cryptocurrency Exchange (oracletimes.com) 10/16/2019 - 10:17am
In the beginning, the only way to obtain cryptocurrency was by mining it. Then, a few months into Bitcoin’s existence, the first primitive exchanges came along, creating a two-way marketplace for buying and selling BTC and the dozens – and then thousands – of cryptocurrencies that came after it. Today, there are hundreds of cryptocurrency...
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Crypto Market Looks Primed for Bearish Q4 as Trading Slumps (bitcoinist.com) 10/16/2019 - 9:30am
The state of the crypto market is positively dire right now, as trading across various retail and institutional platforms show marked declines. Despite hopes of halloween rallies and historical bull markets, everything seems to be pointing towards a bearish Q4. P2P Bitcoin Transactions Register a Drop Bitcoin’s price is currently consolidating...
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Bitcoin Futures Flash Bullish As Binance Sets $700 Million Daily Record (bitcoinist.com) 10/16/2019 - 7:00am
Cryptocurrency exchange Binance surprised analysts this week after its Bitcoin futures set an unlikely trading record. Binance Bucks Negative Market Mood According to data from market analyst Skew on October 15, Binance’s BTCUSD product traded over $700 million on Tuesday alone. The figure marks a new record for the exchange, which debuted its...
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Are Bitcoin’s ‘Dismal’ Trading Volumes Cause for Concern? (beincrypto.com) 10/16/2019 - 3:17am
Bitcoin trading volume across multiple key exchanges appear to be dropping of late. The dwindling numbers of traders buying and selling the digital asset has led one market analyst to describe the situation as “dismal.” In a lengthy Twitter thread posted earlier today, eToro senior market analyst Mati Greenspan ( @MatiGreenspan ) highlights the...
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Crypto Markets In A “Resting Phase”- Crypto Analyst Mati Greenspan (coingape.com) 10/15/2019 - 2:20pm
The crypto markets have been particularly sluggish lately owing to a lack of substantial trading activities. However, a crypto market analysis shared by Mati Greenspan , senior analyst at cryptocurrency trading platform eToro, indicates positivity for the future of crypto markets. Incredibly Low Volumes Traded On Top 10 Exchanges Highlighting the...
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Parroting The Negative: Bitcoin Volume Pushing Up The Daisies (cryptobriefing.com) 10/15/2019 - 10:58am
Bitcoin remains stagnant today, still trading within a few points of the $8,300 level. Diversification in altcoins continues, with most of them showing little action. Exceptions are BNB (up 4.5%), BAT and 0x (both up 12.5%), while Litecoin is one of the low performers with -2%. Binance Coin’s rise could be easily attributed to today’s news of a...
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Renowned Bitcoin Artist Encourages Venezuelan Artists Spread the BTC Word (newsbtc.com) 10/14/2019 - 6:00pm
Perhaps the most well known Bitcoin artist is on a mission to spread the Bitcoin word in Venezuela. Pascal Boyart has been working with the website SatoshiEnVenezula to help artists local to the South American nation monetise their work using the crypto asset. Boyart is famous for his Bitcoin-inspired murals in his native France . His preferred...
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Ripple, Coinbase invest in crypto exchange Bitso to help it expand beyond Mexico (theblockcrypto.com) 10/14/2019 - 9:06am
Bitso, one of Mexico’s largest cryptocurrency exchanges, has raised an undisclosed sum of money from notable investors to further expand into Latin America. The investment was led by Ripple, with participation from Coinbase and Jump Capital. Existing investors - Digital Currency Group and Pantera Capital - also participated in the round, according...
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It is unlikely that the Bitcoin spike was caused by Hong Kong unrest | (cryptonewmedia.press) 10/13/2019 - 2:54am
Crypto New Media Press Trading volume in Hong Kong crypto exchange LocalBitcoins tripled during protests, yet analysts disagree on the cause. Hong Kong political unrest not the cause for Bitcoin’s spike? Hong Kong Citizens have been protesting against Beijing’s control over the region since June this year. The protests continued during the...
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