News

Venezuela Sets Bitcoin Trading Record With New Hyperinflated Banknotes

New currency reforms in Venezuela accompanied a decisive surge in Bitcoin trading this week, with informal markets setting new all-time highs. Bitcoin Boom As Central Bank Re-adds...

Anja van Oosterhout | 1 year ago
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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...

Esther Kim | 1 year ago
In July, Bitcoinist reported on Venezuelan Nicolás Maduro's efforts to see the Petro become his avowed 'Great Hope.'
News

Venezuela Artificially Inflates Petro 150 Percent As Bitcoin Sets New Record

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...

Esther Kim | 2 years ago
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Bitcoin Sees Biggest Trade Volume in Venezuela as Dash Branded ‘Snake Oil’

Bitcoin trading volumes in stricken Venezuela spiked again last week as one local commentator called claims Dash is making inroads in the country “snake oil.” GóMez: ‘No One...

Wilma Woo | 2 years ago