News

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...

Esther Kim | 1 year ago
venezuela
Bitcoin

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...

Esther Kim | 1 year ago
venezuela petro
News

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...

Esther Kim | 1 year ago
mexico bitcoin
News

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...

Esther Kim | 1 year ago
Venezuela
Bitcoin Price

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...

Esther Kim | 1 year ago
maduro venezuela
News

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...

Osato Avan-Nomayo | 1 year ago
venezuela
News

Venezuela: Bitcoin to the Rescue as US-Led Visa, Mastercard Boycott Looms

With the United States government threatening to prohibit payment companies from processing transactions in Venezuela, citizens may be forced more than ever before to adopt Bitcoin. No...

Osato Avan-Nomayo | 1 year ago
venezuela
News

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...

Esther Kim | 1 year ago
Venezuela bolivars bitcoin
Bitcoin

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...

Emilio Janus | 1 year ago
News

Venezuela Gets $1M Bitcoin Aid Project As Trading Records Continue

A new project by cryptocurrency wallet platform AirTM and artist cryptograffiti is aiming to raise $1 million in aid for Venezuelans via an interactive Bitcoin installation. Airdrop...

Esther Kim | 1 year ago
venezuela
News

Bitcoin Is More than a Speculative Asset to People in Venezuela

Most Bitcoin HODLers may be wondering when lambo and when moon, but in parts of Latin America, and particularly Venezuela, Bitcoin is saving people’s lives. Bitcoin Is Saving...

Christina Comben | 1 year ago
News

Russia: Oil-Backed Cryptocurrency in ‘Final Stage of Development’

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...

Georgi Georgiev | 1 year ago