LocalBitcoins Volumes In New Global USD All-Time High, “Busiest Week Ever”
In the wake of inching closer to its 2016 peak, CoinDance indicates that the worldwide weekly volume of popular P2P Bitcoin marketplace, LocalBitcoins, reached a new all-time high on record USD volumes last week with five countries - USA, Malaysia, Brazil, Venezuela, and Sweden - recording all-time highs within the same period. LocalBitcoins CEO Nikolaus Kangas says: “It was certainly one of the busiest weeks on our platform ever.” The highest price of the top digital currency this year stands at $763.33 in June. Last week, the price reached $720.29, the closest to the peak rate for the....
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It’s important to remember the part played by over-the-counter (OTC) bitcoin trading platforms like LocalBitcoins — they often reveal interesting things about Bitcoin’s place in the world. LocalBitcoins Volume Getting Higher. Kaiko tracks data from LocalBitcoins as well as all other exchanges, and we’ve compiled all that information into the first....
Bitcoin trading volumes in Saudi Arabia via peer-to-peer trading platform LocalBitcoins have never been higher. For the first time, trading volumes in the desert natoin topped USD $100k in bitcoin traded over a week through the decentralized platform. According to data from Coin.Dance, trading volumes last week soared nearly 3x compared to the previous week, with over SAR400,000 in bitcoin traded during the week ending on April 15, a new all-time high. The figure is over 1.5x the previous ATH of SAR260,000. Last week’s record volume totals SAR409,998 traded in bitcoins, approximately....
LocalBitcoins narrowly set a new global all-time high last week as price volatility saw just over $32 mln traded. The P2P marketplace, which operates in markets throughout the world and has seen a surge in usage in recent months, has seen trade volumes increase on an almost weekly basis. A dip earlier this month was counteracted by data for the seven days ending March 25, with the service’s Chinese sector contributing over 54 mln yuan to the total. In the week prior, China itself set a new all-time trading record as regulatory noises from the central bank sent traders rushing to do....
The demand for Bitcoin in Colombia seems to be skyrocketing over the past few weeks. Bitcoin trading continues to pique the interest of consumers all over the world. Particularly LocalBitcoins is one of the platforms where new record high weekly Bitcoin volumes can be found on a regular basis. Over the past week, BTC was quite popular in regions such as Colombia, Saudi Arabia, and Thailand. A positive sign for Bitcoin overall, that much is certain. Considering how the Bitcoin exchange situation in Canada is evolving, it’s no surprise to see more interest in LocalBitcoins. The platform has....
Bitcoin trade volumes have surged in Malaysia amid falling Ringgit and oil prices. The deteriorating global economic situation comes as a blessing to the popular digital currency Bitcoin. The activity in the digital currency market is known to be completely opposite to that of the conventional ones and Bitcoin has proven it yet again. According to reports, there has been an increase in demand for the digital currency in Malaysia followed by the weakening Malaysian Ringgits. Last week, LocalBitcoins in Malaysia is said to have registered an all-time highest trade volume of over 737,218....