Number of Argentinian Merchants Accepting Bitcoin Doubles Amid Inflation Concerns

Since last year, the number of bitcoin merchants in Argentina has doubled, according to the Financial Times. This growth comes primarily from small businesses, which are showing the highest bitcoin growth and adoption rate in all of Latin America. Argentina, South America’s second-largest economy, has been restricted from access to foreign currencies and has suffered from an overvaluation […]

Bitcoin Growth More Than Doubles In Economically Ravaged Argentina

The use of bitcoin has more than doubled in the past year in Argentina as government controls have delivered economic stagnation and double-digit inflation, according to the London, U.K.-based Financial Times. The government has restricted access to foreign currency and created an overvalued currency exchange rate. One small business owner, the owner of a budget […]

From Their HQ In Prague, General Bytes is Rising in the Bitcoin ATM Ranks

Currently ranked fifth on the CoinATMRadar list for most Bitcoin ATM’s, Czech Republic based General Bytes has positioned itself to succeed in the Bitcoin ATM market. Some of the most stable companies, for sure, have received the least amount of press. General Bytes appears to be one of those. The company stepped up amid the […]

CEX.io Partners with AstroPay, Enters Latin America

Latin American customers of CEX.io, can now transact using local currency to trade bitcoin on the platform. The London based bitcoin exchange and mining services has recently partnered with AstroPay to facilitate these transactions in the South American continent. Earlier, Latin American users from Brazil, Chile, Argentina, Columbia, Peru, Mexica and Uruguay were forced to […]

NJs New Bitcoin ATM Has No Takers

Bitcoin ATMs are the easiest way for people to exchange bitcoin for fiat currency or vice versa “on the spot” instead of using online exchanges. The number of bitcoin ATMs across the world are growing every day. Recently Greece got its first two way bitcoin ATM that allowed people to withdraw money in excess of […]

BlockCypher: Zero Confirmation Bitcoin Transactions Still Viable

BlockCypher provides Bitcoin wallet services to larger organizations such as exchanges and payment providers. During the recent fracas of “dust” transactions crowding the Bitcoin network, one of their larger clients, Erik Voorhees’ ShapeShift.io, suffered a double-spend attack amounting to 2.6 BTC. The biggest offering of BlockCypher is what they call a “Confidence Factor” which basically […]

Bitcoin Trade Waiting For Market Direction

Bitcoin trade bought price up from a low of $272 and 1660 CNY yesterday. At the current level near $280 and 1720 CNY price is in an indeterminable state of trend. Analysis looks for direction and an action plan for taking a position in the market. This analysis is provided by xbt.social with a 3 […]