Venezuelan Petro Cryptocurrency is a 'Scam', Say Local Merchants

Venezuelan Petro Cryptocurrency is a ‘Scam’, Say Local Merchants

Retail merchants in Venezuela are refusing to accept Petro payments as hyperinflation is causing massive devaluation upon liquidation of the crypto at the banks. Meanwhile, the...

Osato Avan-Nomayo | 1 year ago
bitcoin venezuela
Bitcoin Acceptance

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...

Ricardo Martinez | 1 year ago
Bitcoin P2P trading in countries with political unrest

A Look at Bitcoin P2P Trading in Politically Tense Countries

Bitcoin (BTC) still keeps up the pace when it comes to P2P markets worldwide. The usage of those markets circumvents exchanges, and allows small-scale exchanges with less formality...

Christine Vasileva | 1 year ago
blockchain conference moscow
Press releases

1st national cryptocurrency’s creators perform at Blockchain Life 2019 in Moscow

October 16-17, Moscow: “El Petro — the 1st successful case of creating a national cryptocurrency” The global forum on blockchain, cryptocurrencies and mining welcomes more than...

Bitcoinist | 2 years ago
bitcoin adoption rising in venezuela
Bitcoin Acceptance

P2P Bitcoin And Dash Transactions Soar In Venezuela

Venezuela’s inflation rate topped 130,000% in 2018 as peer-to-peer Bitcoin and Dash transactions reached new all-time highs month after month.  Bitcoin Thrives in Broken Economies...

Eustace Cryptus | 2 years ago
Bitcoin Price

Venezuela Bitcoin Trading Hits New Highs Amid US Embargo

U.S. President Donald Trump has just imposed a total economic embargo against Venezuela. As a result, Bitcoin price is currently trading at almost a $1000 premium in VES on P2P trading...

Julio Gil-Pulgar | 2 years ago
Maduro Dancing to His Own Tune

Venezuelan Airports Using Bitcoin to Evade US Sanctions, Local Report

While the Trump administration continues to tighten its economic grip on nations of the world, Venezuelan President Nicolás Maduro has started to push back by using Bitcoin to...

Martin Young | 2 years ago

South American Bitcoin Trading is Surging Despite Price Volatility

Heightened market volatility has failed to dampen enthusiasm throughout South America, as bitcoin trading volumes in Venezuela, Brazil, Chile, and Colombia continue to soar. Venezuela...

Anja van Oosterhout | 2 years ago
Bitcoin better than bolivar

Bitcoin a Better Bet Than Bolivars as Venezuelan Hyperinflation Escalates

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...

Martin Young | 2 years ago

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 | 2 years ago
stocks bitcoin

Consumers In Over 150 Countries Can Now Buy Stocks With Bitcoin

San Francisco-based Bitcoin investment app Abra has released its service to users outside the US allowing 150 countries to buy stocks. Bitcoin-Collateralized Stocks Arrive For...

Esther Kim | 2 years ago
Petro venezuela crypto

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...

Allen Scott | 2 years ago

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