​Remittance Demanding Countries Dominate Bitcoin Searches in 2016

​Remittance Demanding Countries Dominate Bitcoin Searches in 2016

This year, remittance-demanding countries including Ghana, Malaysia and South Africa dominated search engine searches for the keyword bitcoin. Interestingly, countries that represent the highest bitcoin search engine inquiries in 2016 have either poor financial infrastructures or strict regulations on capital outflow. Users from Nigeria scored the....


Related News

Overseas Remittance is a $400 Billion Market, Can Bitcoin Dominate?

FastCompany’s report revealed that overseas remittance totaled $429 billion in 2016. Some of the largest Remittance markets include China and the Philippines. Already, bitcoin startups have begun to dominate the remittance markets in the two countries, with the Philippines leading bitcoin remittance innovation. Both domestic and international remittance is a massive market within the Philippines. Companies such as Lhuillier and Palawan operate thousands of branches throughout the country, with deeper market penetration in comparison to international remittance companies such as Western....

“Earn Bitcoin” Searches Reach All-time High, Most Come From US, India, Philippines

The number of searches for earning Bitcoin have increased over the past few years and have now reached an all-time high according to statistics from Google Trends. The trend began in September and has been continuously moving upwards for the past several months. According to Google, the majority of the searches seem to be coming from the Philippines, India and the United States. This can be a great sign for Bitcoin adoption in all three countries, especially with India’s current banking troubles where millions cannot withdraw their money. US post-election woes. Even during the heated....

Singapore Tops List of 8 Countries ‘Most Interested in the Ethereum Merge’

With a total search score of 377, Singapore is the top-ranked nation among countries most interested in the Ethereum blockchain’s upcoming The Merge, a new Coingecko study has found. The same study also found that among the top eight ranked countries, proof-of-work (PoW) related searches are 169% higher than PoS (proof-of-stake) searches. ETH Merge Searches According to a new Coingecko study seeking to determine the countries most interested in the Ethereum (ETH) Merge event, Singapore tops the list “with a total search score of 377.” The country was found to have the....

United States, Germany, Turkey lead search interest in Ethereum

Ether search interest is higher than ever, and is attracting interest from around the globe, a new report reveals. The United States is the country most interested in Ether (ETH), followed by Germany and Turkey, an analysis of search data has revealed. A report by Invezz.com, as reported by Finbold, showed 1,116,000 searches per month for the term ‘Ether’ emanating from the United States. Excluding searches by budding chemists, that’s the equivalent of around 36,000 internet searches per day for the world’s number-two cryptocurrency by market capitalization.Germany and Turkey followed....

Migrant Workers Attract Remittance Startup Bitspark to Southeast Asia

Hong Kong-based Bitspark Limited, a bitcoin remittance company, has announced a new partnership with Malaysian Vitaxel Group. Vitaxel Group, which specializes in multi-level marketing, has more than 5000 distributors in 16 Asian countries. And together, they aim to expand the bitcoin remittance services throughout Southeast Asia (S.E.A). Remittance in....