P2P

Why Bitcoin Just Surged to $13K in Belarus Amid Massive Protests

Belarus has become a hot ground of the great Bitcoin experiment as the country dwells into one of its most disturbing civil crisis. Ask prices for the world’s leading cryptocurrency by market capitalization are going higher across peer-to-peer platforms. Data fetched from Paxful, a Bitcoin marketplace, show people demanding a $2,500 premium for one unit of the cryptocurrency. While the rates differ from one seller to another, the average Bitcoin price as on Friday stands near $13,000. Bitcoin bids in Belarus and their dollar equivalent rates. Source: Paxful, Google In

Bitcoin volume in India grows as fear of a ban emerges yet again

Banned or not, cryptocurrencies made its way to India, and traders have not shied away from the opportunity to explore their investment options. Among top cryptocurrencies, Bitcoin has been the most-opted for crypto given its history and dominance above other alts. As the BTC market has been providing great opportunities for traders to enter the market, there has been a rise in Indian peer-to-peer activity which has also managed to surpass China.Source: Arcane ResearchThe P2P market has been witnessing great volumes in 2020 and Paxful has been the leading exchange

A Guide to Persistence Protocol $XPRT

The missing link between decentralized finance (DeFi) and centralized finance (CeFi) is that the former interacts only with cryptocurrencies such as Tether (USDT) and Bitcoin (BTC). In contrast, conventional finance mostly deals with fiat. Although it’s easy to convert fiat to crypto, using real-world assets as collateral on DeFi platforms is not. What if there was a way to use real-world assets as collateral on these platforms? This is what the Persistence Protocol is trying to achieve. This platform allows the use of tangible assets to access loans and returns

Latin America sends a ton of crypto to Asia, and vice versa

New York-based blockchain analytics firm Chainalysis has published new research highlighting there have been up to 200,000 crypto transactions in the past year, worth more than $1 billion between Latin America and Asia.The study Latin America Mitigates Economic Turbulence with Cryptocurrency, analyzed crypto trends in Latin America between July 2019, and June 2020, and shows that banking access issues and the need for remittances are driving unique patterns of cryptocurrency usage, especially in crossborder commercial-related transactions.While North America and Western Europe are the biggest source of fiat remittances to Latin