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The California economy rebounded from a disappointing March and added 39,300 net new jobs last month, as the unemployment rate fell to a new record low of 4.2%, according to data released Friday by the state Employment Development Department.
The report indicates that the California economy remains…
Although you wouldn’t know it from the constant barrage of pregnant celebrity pics on social media, the fertility rate in the US—the number of births per 1,000 women ages 15 to 44—fell to 60 last year, its lowest level since the government started tracking the figure in…
Gas prices are up statewide, but that is not deterring Californians from planning to travel in record numbers during the upcoming Memorial Day holiday.
Although prices have increased 24% over last year, the Auto Club of Southern California predicts 5.19 million Californians will get away for the…
If you dread doing burpees, this stat might make you blanch: A Melbourne, Australia, woman set a world record last weekend for the most burpees done in 60 minutes by a female at 1,490, topping the previous record of 1,321. Except the internet is freaking out a bit…
The good times for the nation’s airlines continued last year, with the country’s largest carriers reporting a combined profit of $ 15.5 billion, including $ 4.6 billion from baggage fees.
The 23 largest airlines reported a combined after-tax profit for the fifth consecutive year, representing a strong…
A record-setting pace of tourists visiting Los Angeles County injected $ 22.7 billion into the local economy last year, countering fears that a strong dollar and tough rhetoric from the White House might scare off international tourists.
The county hosted 41.2 million domestic visitors and 7.3 million…
In its second weekend in theaters, Avengers: Infinity War continues to dominate in North America, the AP reports. The Walt Disney Co. says Sunday that the superhero film will gross an estimated $ 112.5 million over the weekend, becoming the second-highest grossing film in weekend two behind Star Wars: The…
Stocks closed sharply higher on Wall Street Friday, led by gains in technology stocks as Apple rose to another all-time high. The Dow Jones industrial average rose 332 points, or 1.4%, to 24,262, per the AP . The Nasdaq composite climbed 121 points, or 1.7%, to 7,209,…
The Localbitcoins markets of several nations have produced significant spikes in recent weeks, with the peer-to-peer (P2P) markets of Hungary, Peru, and Venezuela establishing new all-time highs for volume when measuring in trade in fiat currency.
P2P Markets of Latin America Surge
The P2P trading volume of numerous South American markets have shown considerable strength in recent weeks, with many markets producing among the strongest weeks of trading in recent history when measuring volume in fiat currency.
Peru set a new record for weekly volume for the second week in a row when measuring against fiat currency, with 1,944,396 PEN (nearly $ 600,000 USD) worth of bitcoin exchanging hands this past week – an approximately 14% increase from last week’s record of 1,705,992 PEN.
When measuring volume in BTC, the last two weeks both posted approximately 71 bitcoins – the second largest number of BTC traded in a single week for Peru’s P2P markets since the 80 bitcoins traded during the week of the 19th of December 2017.
The Brazilian Localbitcoins markets produced a spike in volume during the week of the 14th of April, with trade volume reaching 3,158,258 BRL (approximately $ 905,000 USD), comprising the third largest weekly volume candle in the history of Brazilian P2P trade.
Argentinian and Venezuelan Peer-to-Peer Markets Rally
Argentina’s P2P markets also rallied during the week of the 14th of April, spiking to comprise the fourth most traded week in the history of Argentinian Localbitcoins trade. The week of the 14th posted a trading volume of 4,506,932 (almost $ 220,000 USD).
When measuring volume in bitcoins, the 29 BTC traded during the 14th comprises the largest number of bitcoin traded in a single week since August 2017; however, it is dwarfed by the more than 150 BTC regularly traded on a weekly basis via Argentina’s P2P markets during 2015.
Venezuela’s Localbitcoins markets have produced a new record for weekly trade volume when measuring trade in Venezuelan Bolivars for the seventh time in eight weeks.
When measuring trade in bitcoins, volume has actually declined for two weeks in a row – despite both weeks producing new all-time volume highs when measuring in Bolivars.
Hungarian Localbitcoins Trade Produces New Volume Record
During the week of the 14th of April, Hungary’s P2P markets produced record trading volume of 7,473,600 HUF (approximately $ 28,800 USD). Despite comprising a record when measured in fiat currency, only 4 bitcoins changed hands during the week of the 14th of April – a relatively small weekly volume when compared to Hungarian P2P trade in 2015. Still, the 4 BTC was the most bitcoin traded in a single week since July 2017.
Swedish trading on Localbitcoins also surged during the week of the 14th of April, posting 14,189,350 SEK (approximately $ 1,618,600 USD) worth of trade – the fourth largest volume candle posted in the history of Sweden’s P2P markets. When measuring trade in BTC, the 231 bitcoins that exchanged hands is the highest in a single week since November 2017, however, is dwarfed by the volume consistently produced by the Swedish bitcoin markets between 2015 and 2016.
Canada’s P2P markets have continued to produce substantial trading volume – posting the third largest weekly volume candle of 7,784,463 CAD (almost $ 6,075,000 USD) this week. When measuring in BTC, this past week’s volume of 893 bitcoins is the third largest in history. The most recent four weeks of trade currently comprises the four largest weeks for Canadian Localbitcoins trading.
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A few dozen superheroes lifted Avengers: Infinity War to a record $ 250 million in ticket sales over the weekend, narrowly surpassing Star Wars: The Force Awakens for the highest opening weekend of all-time, the AP reports. According to Disney’s estimates Sunday, the Marvel Studios superhero smorgasbord bested the previous record…