Bitcoin Trading Volumes in Venezuela Continue to Climb
Many Venezuelans have been buying up Bitcoin in ever-increasing numbers to hedge against currency devaluation.
An Unparalleled Currency Crisis
Venezuela was once one of the wealthiest countries in Latin America, with...
Venezuela Wants to Use Petro to Finance Large Housing Program
Completing a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital currency, the petro. The socialist...
P2P Bitcoin And Sprint Transactions Soar In Venezuela
Venezuela’s inflation price topped 130,000% in 2018 as peer-to-peer Bitcoin and Sprint transactions reached new all-time highs month after month.
Bitcoin Thrives in Damaged Economies
For the previous few years, the...
Venezuela Bitcoin Buying and selling Hits New Highs Amid US Embargo
U.S. President Donald Trump has simply imposed a complete financial embargo in opposition to Venezuela. Consequently, Bitcoin value is presently buying and selling at virtually a $1000 premium in...
Bank’s Refusal to Release $1.2B of Venezuelan Gold Strengthens the Case for Bitcoin
Venezuela’s economic crisis is impossible to ignore. President Nicolás Maduro’s attempt to withdraw $1.2 billion of the country’s own gold from the Bank of England (BoE) has been rejected. The notion...
Maduro’s Promotion of the Petro Yet to Yield Results
Venezuelan President Nicolas Maduro has been tirelessly promoting the petro, ever since his administration announced the creation of what is now considered the first state-issued cryptocurrency. Although no one...
Communist Party of Cuba Suggests Including Cryptocurrencies as an Alternative to Deal With Economic...
When a country faces a severe economic crisis or living in a long-lasting political turmoil, cryptocurrencies are often discussed as an alternative to deal with the tough times. Although...
Bitcoin Worth Surge Sees Venezuela Hit Report Localbitcoins Highs
Bitcoin worth highs final week had severe knock-on results for some markets, with merchants worldwide setting a number of new information.
South America’s Report Bitcoin Buying and selling
Information from monitoring...
1.2 Billion People Live Under Double-Digit Inflation, ‘Many Have Found Escape in Bitcoin’ Says...
While central banks are focusing on creating more stimulus and economists expect inflation in the U.S. to rise, a number of other countries are suffering from considerable inflation right...
Hodler’s Digest, Dec. 3-Dec.9: US SEC Delays BTC ETF Decision Again, While Nasdaq Confirms...
The United States SEC has delayed their Bitcoin ETF...