Bitcoin a Better Bet Than Bolivars as Venezuelan Hyperinflation...
Bitcoin can be many things depending on the situation. For many it is a store of value, for some, it is a trading vehicle, but for Venezuelans, BTC is the most reliable hedge against...
Venezuela and Russia May Switch to Ruble After Trying ‘Petro’...
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...
Venezuela President Urges Investors To Buy Petro As Citizens Prefer...
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...
Bitcoin Trading Plummets in Venezuela Blackout as Government...
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...
Russia: Oil-Backed Cryptocurrency in ‘Final Stage of...
Russia’s State Duma is reportedly planning to review and adopt a cryptocurrency law to facilitate the creation of an oil-backed cryptocurrency. Russia to Adopt Cryptocurrency Law...
Venezuela Bitcoin Trading Sets Giant All-Time High
Venezuela traded more bolivars for bitcoins than ever before last week. Volumes on P2P trading platform Localbitcoins reaching 15.7 billion VES ($10 million) amid increasing political...
Russia Says Venezuela’s Petro Acceptance ‘Not...
Russia has not discounted the idea of using state-issued cryptocurrency Petro in commercial operations with Venezuela. Russia: No Petro Payments ‘Yet’ Those were the words...
Venezuela Artificially Inflates Petro 150 Percent As Bitcoin Sets New...
Venezuela saw yet another new record for Bitcoin use December 1 after another week of economic shake-ups made the cryptocurrency more appealing than ever. 1 Week, 1300 Bitcoins Data...
Max Keiser Interview: Bitcoin Will ‘Gobble Up All Fiat’...
Bitcoinist once again caught up with the one and only Max Keiser, Wall Street veteran and host of the Keiser Report. He explains why he isn’t fazed about the Bitcoin price drop...
Venezuela Traded More Bitcoin Than Ever Before In October
Venezuela set a new Bitcoin trading record last week as the country embraces cryptocurrency more than ever. Venezuela Trades 1075 BTC in 7 Days According to data from monitoring...
Petro… Petro… Get ’em While They’re Hot!
After what seems like an unnecessarily long bout of teasing, we can finally get our hands on all those lovely Venezuelan Petro. As Bitcoinist reported earlier this month, the Petro...
Argentina, Venezuela, and Egypt Post Record P2P Bitcoin Trading...
During October 2018, Bitcoin trading volumes on the peer-to-peer (P2P) platform LocalBitcoins reached peak levels in Argentina, Venezuela, and Egypt. Elsewhere, places like Croatia and...