This Country Has Fewer Poor Than America, 80% Of Bitcoin Transactions
Which country has fewer poor than America and 80% of the Bitcoin transactions? Although it might come as a surprise, the answer is China. Despite a stock market and currency crisis, China has fewer poor than America, according to a Credit Suisse report. Yet, there is one thing of which this report falls a bit short: good data. Much of the data in the report is from government bodies and international bodies. People with firsthand knowledge of each country might take contention therewith. Nonetheless, CCN wondered if Credit Suisse's numbers could explain China's large Bitcoin volume.....
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Venezuela may have the most crypto volume, but this country bests all of Latin America when it comes to retail crypto transactions. A recent study showed that Latin America represents 7% of the entire global cryptocurrency economy. Out of that segment, Mexico has captured almost 11% of all retail crypto payments since July 2019.El Economista cited research by Daniel Cartolin, a development representative from the blockchain analytics firm Chainalysis, which showed that the region has received $24 million in retail crypto transactions and sent $25 million to other continents over the past....
Is the high inflation rate of 9.6 percent the reason people are turning to Bitcoin in Brazil? The simple answer is no. Recent statistics and infographics published by global bitcoin payment processor BitPay revealed that the volume of bitcoin transactions in Latin America has increased by 120 percent, and almost doubled in quarterly transactions. Many analysts suspected that the high inflation rate and unstable economy of Argentina and Brazil have caused a surge of growth in Latin America's bitcoin industry. While this may be true for Argentina, a country where the majority of the....
Bank Of America has said that it sees how El Salvador’s adoption of Bitcoin could help the Island country. President Bukele Agrees With Bank Of America President Nayib Bukele of El Salvador, a Central American country, tweeted yesterday screenshots of a Bank of America economic outlook report (BofA). Along with explaining why the bank is […]
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, believes bitcoin could crash to $17K. However, he also believes the cryptocurrency “will win” because America is led by the three stooges. He has been recommending bitcoin to investors alongside gold and silver.
Kiyosaki Thinks Bitcoin Could Test the Bottom at $17K
The author of Rich Dad Poor Dad, Robert Kiyosaki, has shared his latest price expectation and future outlook for bitcoin. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York....
Fresh data from Glassnode, a blockchain analytics platform, shows that on-chain transactions on Bitcoin, the world’s most valuable network, fell to an all-time low in the past three months. That there are fewer transactions suggests that holders are unwilling to sell and are more inclined to HODL. Bitcoin On-chain Transactions Shrinking Another notable finding from this data […]