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Max’s Corner: NYC Blockchain Week and Questions in Venezuela
Coinspeaker Max’s Corner: NYC Blockchain Week and Questions in VenezuelaThis edition of Max’s Corner takes a look at some of the themes touched upon during Blockchain Week in New York City and how they reflect larger trends and questions currently in play in the industry. дальше »
2019-5-29 18:03
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Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos
Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like BTC are seeing all-time price highs. дальше »
2019-5-28 21:05
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Venezuelans Prefer BTC over Petro as Inflation Reaches Alarming Levels
The cataclysmic political situation in Venezuela is driving cryptocurrency adoption as a fast-rising inflation rate devastates the economy. It is currently projected to reach 10 million by the end of… The post Venezuelans Prefer BTC over Petro as Inflation Reaches Alarming Levels appeared first on CoinCentral. дальше »
2019-5-28 20:07
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Russia will launch gold stablecoin – following Iranian PayMon (PMN)
Russia under the press of stifling international sanctions is looking for ways to conduct international settlements. A variant with crypto is being considered – this is reported by the Russian state news agency TASS with reference to Elvira Nabiullina, the head of the Bank of Russian. дальше »
2019-5-25 14:02
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Cryptos Act as Hope in a Hyperinflation-Striken Venezuela
Venezuela’s inflation rate is expected to hit ten million percent in 2019. In this time, Venezuelans are struggling to afford two square meals a day. Online news outlet City News 1130 shared how nonprofit organizations are sending direct relief to people in Venezuela in cryptocurrencies and helping them escape the severe financial crisis. дальше »
2019-5-23 23:00
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Bitcoin [BTC] and its associated initiatives are super impactful in Venezuela, says Open Money Initiative Co-founder
The use of cryptocurrencies for mainstream, practical purposes has always been the aim of a lot of the proponents in the digital assets space. In a recent podcast with Peter McCormack, the panelists discussed the use of Bitcoin [BTC], the world’s largest cryptocurrency, in the flailing economy of Venezuela. дальше »
2019-5-22 20:30
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ConsenSys Demographic Search Survey: Trends in Cryptocurrency and Blockchain
A search engine survey carried out by ConsenSys revealed the search break up for certain countries. The goal, as per the blog post, May 20, 2019, was to figure out whether Bitcoin, Ethereum, blockchain, or cryptocurrency were dominating consumer minds in a particular country. дальше »
2019-5-21 21:00
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Venezuela Turns to Crypto and Rubles to Bypass US Sanctions
Coinspeaker Venezuela Turns to Crypto and Rubles to Bypass US SanctionsVenezuela and Russia are discussing an option to use the Ruble and the Petro in their mutual trade settlements.Venezuela Turns to Crypto and Rubles to Bypass US Sanctions дальше »
2019-5-21 13:59
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Russia and Venezuela are Evaluating to Ditch American Dollars and Adopt the Petro and the Ruble Instead
Venezuela and Russia are in talks to abandon the use of U. S. dollars in their transactions and replace this currency with rubles and Petros. According to an article published by the Russian news portal RT,. дальше »
2019-5-18 22:31
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Venezuela and Russia May Switch to Ruble After Trying ‘Petro’ Cryptocurrency
Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador has revealed. Venezuela and Russia ‘Currently Trying’ El Petro As Bitcoinist reported last December, Russian officials were introduced to El Petro but stopped short of confirming that it was going to be used. дальше »
2019-5-18 02:00
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Coinbase Announces USDC Support for 85 More Countries
Coinbase has unveiled the expansion of its USDC on Coinbase and Coinbase Pro, which is now available across 85 countries. It also announced the addition of 50 new countries for trading cryptos on the exchange platform. дальше »
2019-5-15 11:00
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Colombia Eyes Regulating Cryptocurrency Traders and Companies
The Congress of the Rebulic of Colombia has proposed a bill to regulate cryptocurrency transactions and prevent crypto users from falling victim to growing frauds, this according to a report from Competition Policy International May 13, 2019. дальше »
2019-5-15 05:00
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Bitcoin [BTC] and Venezuela: An experiment on trust and technology?
Jill Carlson, the Co-founder of Open Money Initiative, spoke about the economic crisis in Venezuela and the role of cryptocurrencies in the country at the Magical Crypto Friends Conference 2019. Carlson’s presentation on ‘Designing for Extremes: Money Hacking in Venezuela’ provided an insight into the factors behind the country’s closed economy and its crumbling monetary […] The post Bitcoin [BTC] and Venezuela: An experiment on trust and technology? appeared first on AMBCrypto. дальше »
2019-5-13 16:30
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Bitcoin Hater Charlie Munger Accidentally Makes a Case for Crypto
By CCN: Charlie Munger, a 95-year-old billionaire investor and Warren Buffett’s partner at Berkshire Hathaway, expressed concern over the rate at which money is printed by democratic governments. Ironically, Munger, a skeptic of bitcoin, may have accidentally pointed out the merits of the dominant cryptocurrency. дальше »
2019-5-8 19:45
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Ilhan Omar is a Race-Baiting Political Pirate
By CCN: Rep. Ilhan Omar (D-Minn. ) is a Mogadishu-born political pirate. A freshman congresswoman who is hijacking America’s headlines—just as Somali pirates hijack ships in the Arabian Sea. дальше »
2019-5-6 00:30
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Bolivar to Bitcoin Volumes Hit All-Time High as Venezuela Crisis Intensifies
By CCN. com: As the political and economic crisis in Venezuela escalates, citizens of the South American country are taking refuge in Bitcoin. In the final week of April, a record amount of Venezuelan bolivars were spent buying bitcoin per Coin Dance. дальше »
2019-5-2 17:07
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Why Bitcoin Cannot Fix the Socioeconomic Crisis in Venezuela [For Now]
Venezuela has seen its national currency become practically worthless after undergoing one of the worst economic crisis in history. The inflation is all-time high – all the essential goods such as medicines and even toilet papers have soared in value. дальше »
2019-5-2 16:29
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Bitcoin Can’t Fix Venezuela: I Should Know
Diana Aguilar used bitcoin to survive in Venezuela, but cryptocurrency can’t fix the troubled nation's economy, she argues. дальше »
2019-5-2 10:10
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Bitcoin Can’t Fix Venezuela – I Should Know
Diana Aguilar used bitcoin to survive in Venezuela, but cryptocurrency can’t fix the troubled nation's economy, she argues. дальше »
2019-5-2 10:10
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Venezuela Pro-Bitcoin Opposition May Use Maduro’s Sanctioned Funds To Oust Him
Bitcoin adoption crucible Venezuela could end up using its own sanctioned funds to topple the government if plans go ahead for an “army” of foreign mercenaries. Sources: Plans For ‘5000 Mercenaries’ As Reuters reported on April 30, Erik Prince, founder of the notorious private security contractor Blackwater, allegedly wants to use fiat currency locked up by foreign governments to finance an ongoing backlash against Nicolas Maduro’s regime. дальше »
2019-5-1 22:00
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Bitcoin [BTC]: Venezuela transacts record number of BTC trades as Petro fails to get support
Venezuela’s economy has been under constant strain for a while now as the country’s fiat currency continues to plummet in valuation. A massive hyperinflation rate of 2 million percent crippled the country to its core and according to reports, the situation might get worse as the rate is expected to reach 8 million percent by […] The post Bitcoin [BTC]: Venezuela transacts record number of BTC trades as Petro fails to get support appeared first on AMBCrypto. дальше »
2019-4-30 17:30
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Venezuelan Bolivar LocalBitcoins Volume Breaks New Heights While Maduro Keeps Advertising His Own Coin
The Venezuelan Bolivar is on a downward spiral, reaching inflation of 2 million percent and expected to reach 8… The post Venezuelan Bolivar LocalBitcoins Volume Breaks New Heights While Maduro Keeps Advertising His Own Coin appeared first on Invest In Blockchain. дальше »
2019-4-30 23:23
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Venezuela Bitcoin Trading Record Underscores Fiat Currency Hyperinflation
Venezuela transacted more hyperinflated bolivars for bitcoins than ever before last week — but actual Bitcoin (BTC) volumes still decreased. Hyperinflation Bites Bitcoin Traders Data from monitoring resource Coin. дальше »
2019-4-29 17:00
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Bitfinex responds to New York AG’s allegations, Bitrue collaborates with Wietse Wind and more
Crypto News – 26 April – Bitfinex responds to New York AG’s allegations, Bitrue collaborates with Wietse Wind and more Do follow us for our daily video#Bitfinex #USDT #Bitrue #XRP #CraigWright #Poloniex #cryptonews pic. дальше »
2019-4-27 19:00
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Nicolas Maduro urges wider purchase of Petro [PTR] as crypto-adoption surges in Venezuela
Nicolas Maduro, the President of Venezuela, introduced Petro [PTR] in 2018 to “revive” the nation’s crumbling economy. The launch of the state-backed cryptocurrency was speculated by many to be an attempt at dodging economic sanctions imposed by the US, since banking institutions had been widely affected by them. дальше »
2019-4-26 12:45
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Venezuela President Urges Investors To Buy Petro As Citizens Prefer Bitcoin
The president of Venezuela has issued an open call for foreign investors to buy up the country’s notorious state-issued cryptocurrency, despite international sanctions. Maduro ‘Welcomes’ Petro Buyers On April 25, Nicolas Maduro stated that overseas cash was needed to shore up Venezuela’s failing economy. дальше »
2019-4-25 19:00
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Bitcoin Community Delivers Nearly 14 Tons of Food to Venezuelan People
The cryptocommunity has banded together to help the citizens of Venezuela, who have suffered in recent times from an… The post Bitcoin Community Delivers Nearly 14 Tons of Food to Venezuelan People appeared first on Invest In Blockchain. дальше »
2019-4-22 10:29
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Mexico Sets New Bitcoin Volume Record After Trump’s Remittance Threat
Bitcoin price remaining above $5000 resulted in new trading highs for several countries worldwide last week, the latest data shows. Mexico, Venezuela Post Record Localbitcoins Volumes According to monitoring resource Coin Dance, which tracks trading volumes on peer-to-peer exchange platforms Localbitcoins, Paxful and Bisq, certain markets continued to see spikes in Bitcoin activity. дальше »
2019-4-16 00:00
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Bitcoin [BTC]: Venezuela’s suffering citizens receive helping hand from Bitcoin Interest [BCI]
The first picture that comes to anyone’s mind when you say ‘Venezuela’ is not of lush greenery or its abundant cultural diversity, but that of thousands of Bolivar notes strewn on the streets of Caracas, the capital city of the Nicolas Maduro-led country. дальше »
2019-4-10 17:45
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Bitcoin & Venezuela: Can Bitcoin Really Rescue The Country From Its Fatal Economy Crash?
A country endowed with incredible oil reserves and even the Miss Universe pageant is on the verge of collapse,… The post Bitcoin & Venezuela: Can Bitcoin Really Rescue The Country From Its Fatal Economy Crash? appeared first on Invest In Blockchain. дальше »
2019-4-10 18:29
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Bitcoin Price Surge Sees Venezuela Hit Record Localbitcoins Highs
Bitcoin price highs last week had serious knock-on effects for some markets, with traders worldwide setting several new records. South America’s Record Bitcoin Trading Data from monitoring resource Coin Dance, which tracks volumes on P2P Bitcoin exchanges Localbitcoins, Paxful and Bisq, confirmed South America in particular saw huge amounts of fiat currency change hands during the seven days ending April 6. дальше »
2019-4-8 13:00
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DASH is up 32.4 percent in the past month, protocol update on the way
The price of Dash (DASH) has seen a sustained month of growth, up from $84. 0 to $111. 2—a 32. 4 percent increase. The upwards movement may be attributed to a variety of positive news around the project, including a line-up of technical innovations slated for the protocol’s next update. дальше »
2019-4-1 07:04
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Petro and Venezuela: The arrival of United States and the South American country’s crumbling economy
This is Part 2 of our article on Petro and Venezuela. As discussed in Part 1 of the article, the launch of Petro in Venezuela created a massive wave of apprehension among the world community, with many leaders condemning the Nicolas Maduro government for launching a cryptocurrency over focusing on improving the country’s failing economy. дальше »
2019-3-31 16:31
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Petro and Venezuela: The origin of a cryptocurrency that was supposed to save the country
This is Part 1 of our article on Petro and Venezuela. Episodes of wars and conflict have long been tools by which empires have risen and fallen. With the onset of the new age and the Industrial Revolution, a key component of what makes the world tick was revealed – money, or more specifically, the […] The post Petro and Venezuela: The origin of a cryptocurrency that was supposed to save the country appeared first on AMBCrypto. дальше »
2019-3-31 16:30
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Cryptocurrency Will Bring Us More Freedom – Right?
By CCN. com: A recent article in Fast Company got me thinking. The article talks about how Bitcoin and other cryptocurrencies (particularly Dash, which the article doesn’t mention) have helped Venezuelans deal with insane inflation and the problem of liquidity. дальше »
2019-3-28 11:09
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Venezuela: Maduro Administration Targets Bitcoin Remittance
The Venezuela government is reportedly making a move towards collecting fees on Bitcoin remittance payments in the country. This step comes as the cash-strapped Maduro administration continues to seek ways to finance itself in the wake of mounting economic restrictions. дальше »
2019-3-19 18:00
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Magic Bullet for Venezuela’s Economic Woes? It Ain’t Bitcoin
The post Magic Bullet for Venezuela’s Economic Woes? It Ain’t Bitcoin appeared first on Invest In Blockchain.
дальше »2019-3-15 08:09
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Bitcoin Trading Plummets in Venezuela Blackout as Government Struggles to Pay Money Printers
Bitcoin use in Venezuela took a hit this week after a persisting electricity blackout appeared to limit the ability of users to transact. Bitcoin Trades Drop 40 Percent That was the conclusion of some cryptocurrency commentators as data showed weekly trade volumes on P2P platform Localbitcoins fell by 40 percent in the week ending March 9. дальше »
2019-3-15 04:00
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US Sanctions Moscow’s Evrofinance Bank Over Involvement With Petro
The U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Moscow-based Evrofinance Mosnarbank. The Russian bank was allegedly involved in Venezuela’s attempts to bypass financial sanctions using the petro. дальше »
2019-3-14 19:45
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U.S. Treasury Sanctions Russia-Based Bank Allegedly Backing Venezuela’s Petro
The United States Treasury Department has imposed further sanctions on Russia, this time adding bank Evrofinance Mosnarbank, jointly owned… The post U.S. Treasury Sanctions Russia-Based Bank Allegedly Backing Venezuela’s Petro appeared first on Invest In Blockchain. дальше »
2019-3-13 18:46
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Bitcoin (BTC) Price Analysis: Is Venezuela’s “Unplugging” Affecting Prices?
Latest Bitcoin News The political quagmire in Venezuela is now turning into an inconvenience, a crisis—and ordinary citizens are feeling the pinch. Reliable news sources reveal that the once prosperous oil-rich state is now on. дальше »
2019-3-11 14:30
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Venezuelan Economist: Cryptocurrency Is ‘Good’ Money, Bolivars Are Not
The adoption of cryptocurrencies in Venezuela could contribute to economic recovery, argues one local economist. дальше »
2019-3-11 04:00
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Venezuela LocalBitcoin Volume Is the Second Largest in the World, Right After the US
Venezuela caught the world by surprise with the recent Bitcoin trading volume experienced by the country. Venezuela’s national currency,… The post Venezuela LocalBitcoin Volume Is the Second Largest in the World, Right After the US appeared first on Invest In Blockchain. дальше »
2019-3-9 13:11
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P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela
During the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51. 51 million worth of trade. Of that, 3,593 was BTC traded via the Russian markets, 83 percent more volume than was produced by Localbitcoins’ second-largest market, Venezuela. дальше »
2019-3-9 21:30
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Litecoin (LTC) Explodes, Is this the “Venezuelan Effect”?
Litecoin price surge, up 14. 8 percent Venezuela approves Bitcoin and Litecoin as remittance agents Volumes explode as Litecoin (LTC) likely to close above $50 It is only through Remesas, which has the support of the Venezuelan government and under its regulators, that users can send funds using Bitcoin and Litecoin. дальше »
2019-3-5 20:00
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Venezuela Traded Over $60M in Bitcoin Already in 2019
LocalBitcoins users in Venezuela spent nearly 160 billion VES buying 16,642 BTC in the first two months of 2019. At today’s price, those bitcoin are worth almost $63 million, with a record 25. дальше »
2019-3-5 00:00
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Maduro Scoops 8 Tons of Venezuelan Central Bank Gold for Illegal $340 Million Cash Swap
Eight tons of gold has been taken out of the vaults of Venezuela’s central bank as tightening sanctions push President Nicolas Maduro to take extraordinary measures to remain solvent. Per opposition legislator Angel Alvarado and anonymous government sources, the gold was removed from the central bank vaults last week. дальше »
2019-3-2 17:05
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Trump Pumps Fake Oil Price Crisis While Strangling Venezuelan Exports
Donald Trump sent the oil market into a tailspin Monday with one tweet claiming oil prices are too high and blaming OPEC for it. Is Trump unaware that oil prices are a function of supply and demand? Or is he deliberately shifting the blame off his destructive embargo of Venezuela? Oil prices getting too high. дальше »
2019-2-26 02:39
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Bitcoin (BTC) Price Analysis: Will Bull Trend Resume? Ceiling at $4,500
Latest Bitcoin News Once again, the political escalation in Venezuela is proving to be a financial quagmire for ordinary, law-abiding citizens. Thanks to Juan and Maduro duel, a fight between a determined and well backed. дальше »
2019-2-25 15:30
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A Cryptocurrency Could Help Avoid Financial Chaos and Venezuela’s Run
Venezuela’s economy has hit rock bottom. The situation has grown so dire that humanitarian aid is being doled out to help those who are financially strapped. Today, Venezuelan troops are fighting off citizens as they try to block the aid from reaching them. дальше »
2019-2-24 13:46
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