South Korea’s Bitcoin Trading Volumes on LocalBitcoins Reach New Record Levels

Bitcoin (BTC) trading volumes in South Korea have recently reached new levels on peer-to-peer (P2P) exchange LocalBitcoins, according to charts on BTC statistics service Coin Dance.

According to the data, bitcoin weekly trading volumes have surged over the past two weeks, with the latest week recording a new high of around 219 million South-Korean won ($185,000).

Continue Reading …

Report: Blockchain Spending in US to Reach $41 Billion by 2025

Blockchain spending in the United States will increase from $3.12 billion to $41 billion by 2025, according to a new report published on March  25.

A new report dubbed the “United States Blockchain Business Opportunities and Outlook Databook Series (2016-2025)” forecasts that blockchain spending in the U.S. will report a compound annual growth rate (CAGR) of 44.5 percent,

Continue Reading …