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Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge


Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm...

$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars


Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...

Vegasbetting.com Study Found US Sports Betting Market Is Leading the Way


Ten out of ten major US sportsbooks accept Bitcoin deposits while only one in ten sportsbooks with a global footprint process Bitcoin payments. VegasBetting.com study found that the US sports betting market is leading the way when it comes to accepting bitcoin as a payment method. The study looked...

OKEx Led Market in Bitcoin Whale Trading in June - Study


In June, major crypto exchange OKEx positioned itself among the most popular exchanges for so-called whales, and a leading venue for bitcoin (BTC) price discovery, a study from crypto data provider Kaiko has found. Originally launched as one of the early Chinese BTC exchanges, OKEx is...

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