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Friday, March 3, 2017

Bitcoin Price Climbs Up As P2P Bitcoin Trading Soars in China, Venezuela

Bitcoin Price Climbs Up As P2P Bitcoin Trading Soars in China, Venezuela

LocalBitcoins trades have surged in China amid fears of a regulatory crackdown similar to Venezuela.

During the week of Feb. 18th, trading on LocalBitcoins.com, a platform for peer-to-peer localized cryptocurrency trading, has grown exponentially. This increase is from about 6.6 mln yuan the week before to over 36 mln, an almost sixfold increase. This is a particularly noteworthy increase when compared with December’s average of under three mln and rarely over one mln a year ago.

Full story at http://bit.ly/2lLMDG1

 

 

 

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