‘No Middle Ground’: Inside Colombia’s Race to Become A Major Regional Crypto ...
In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction.
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Colombia just elected a new president, and Bitcoin is the hope of both his followers and worried opposition. Who Is Gustavo Petro? As per the NYTimes, only 58% of Colombia’s 39 million voters showed up to cast vote. With over 50% of the vote, Gustavo Petro was elected president. This is a major event for […]
The South American country of Colombia has a crumbling financial system but the bitcoin market has enormous potential. Bitcoin.com interviewed SurBTC’s CEO Guillermo Torrealba about the bitcoin market in Colombia. Colombia has Enormous Potential. SurBTC operates bitcoin exchanges in Chile and Colombia. The company launched the Colombian exchange at the....
Bitcoin related news out of the Middle-East is rare on all fronts: merchant services, finance and technology. However, a quick search of coinmap.org reveals over 50 regional locations to spend Bitcoins. Most regional Bitcoin businesses are confined to Israel. Egypt is still sorely lacking in Bitcoin establishments, but now it has its first. AMECO is the Middle East's oldest and largest disposable syringe and hypodermic needle manufacturer based in Cairo. Established in 1984, they have an 80% share of the local Egyptian market. Exporting to 15 countries globally, their sales reached US$60....
One of the bigger contests to keep an eye on in the cryptocurrency market is without a doubt the smart contract race. With the ability to effectively decentralize, automate, and replace multiple trillion dollar industries it represents a sizable target for entrepreneurs and developers of all shapes and sizes to place their crosshairs. While the developers over at Blackcoin (specifically David Zimbeck) have technically already won this race (and I’ll get to that point in a minute) the race very much seems to be continuing with a number of major players still yet to put a working application....
Bitcoin Price Key Highlights. Bitcoin price appears to be moving sideways these days, barely able to establish a clear strong direction after its sudden rally and subsequent drop earlier in the month. Price is bouncing back and forth between support at $315 and resistance at $340, and might stay inside this range for quite some time. Technical indicators are suggesting that bitcoin price could keep moving inside its short-term range, although the path of least resistance is still to the downside. Mid-Range Area of Interest. At the moment, bitcoin price is stalling at the middle of its....