venezuela
Top Articles from Nivesh
venezuela bitcoin argentia
Bitcoin News
venezuela bitcoin argentia
Bitcoin News

Bitcoin Price Skyrockets in Venezuela and other Oil Exporting Nations

Hyperinflation in countries like Venezuela, Lebanon, Colombia, Argentina, and so on is causing a huge spike Bitcoin [BTC] prices. The volume of trade w.r.t. local currency is reaching ATH in many of these countries. The beginning of recession driven by COVID-19 and the subsequent oil market crash is beginning to reshape the world.  The recent

Hyperinflation in countries like Venezuela, Lebanon, Colombia, Argentina, and so on is causing a huge spike Bitcoin [BTC] prices. The volume of trade w.r.t. local currency is reaching ATH in many of these countries. The beginning of recession driven by COVID-19 and the subsequent oil market crash is beginning to reshape the world.  The recent

venezuela bitcoin argentia
Bitcoin News
venezuela bitcoin argentia
Bitcoin News

Bitcoin is not used as a Store of Value in Venezuela, but as Bridge Currency: Research

A research by Matt Alhborg, a data-scientist and researcher at dlab.vc during a black-out in Venezuela reveals how Venezuela dominates the crypto scene is South America. It also suggests that Bitcoin is primarily used as a ‘bridge currency’ between US Dollar and the local currencies.  The electricity black-out occurred on 7th March with which economic activity

A research by Matt Alhborg, a data-scientist and researcher at dlab.vc during a black-out in Venezuela reveals how Venezuela dominates the crypto scene is South America. It also suggests that Bitcoin is primarily used as a ‘bridge currency’ between US Dollar and the local currencies.  The electricity black-out occurred on 7th March with which economic activity

venezuela
Altcoin News
venezuela
Altcoin News

Adoption of Dash and Petro In Venezuela Could Be A Lie

The narrative that Venezuela is a leading country in crypto adoption has been put to question by one prominent analyst. With most countries looking into crypto, they are seeking financial freedom and censorship-resistant money, but with Venezuelans, they are majorly pushed by poverty. Among the hailed coins to be adopted in the country include Dash,

The narrative that Venezuela is a leading country in crypto adoption has been put to question by one prominent analyst. With most countries looking into crypto, they are seeking financial freedom and censorship-resistant money, but with Venezuelans, they are majorly pushed by poverty. Among the hailed coins to be adopted in the country include Dash,

Altcoin News
Altcoin News

Dash (DASH) Spikes Over 10% In The Past Day As Venezuelan Wallet Adoption Boosts Over 500%

Dash spike over 10% in a day breaching the falling channel key resistance at $100 USD. Venezuelans holding active Dash wallets increases over 500% in the past year. A reversal to $100 before mega bull run? Dash (DASH), a privacy enabled cryptocurrency, is witnessing an extended uptrend market as the price spiked 11.17% in the

Dash spike over 10% in a day breaching the falling channel key resistance at $100 USD. Venezuelans holding active Dash wallets increases over 500% in the past year. A reversal to $100 before mega bull run? Dash (DASH), a privacy enabled cryptocurrency, is witnessing an extended uptrend market as the price spiked 11.17% in the

Petro
Altcoin News
Petro
Altcoin News

Venezuela Petro Dumped at a 50% Discount at LocalBitcoins

Venezuelans are dumping the government-issued Petro, a crypto coin backed by a barrel of Oil, for half its value ($30) at peer-to-peer exchanges like LocalBitcoins. The situation has worsened over the past few weeks as the government has scrambled to tame the USD/Bolivars rate but shutting down avenues for liquidation. At the time of writing,

Venezuelans are dumping the government-issued Petro, a crypto coin backed by a barrel of Oil, for half its value ($30) at peer-to-peer exchanges like LocalBitcoins. The situation has worsened over the past few weeks as the government has scrambled to tame the USD/Bolivars rate but shutting down avenues for liquidation. At the time of writing,

DASH Coin
Altcoin News
DASH Coin
Altcoin News

DASH is up 20% in the Last Day, Here’s Why it is Rallying

DASH, the privacy coin that users can switch and make related transactions anonymous, is one of the best performing digital asset in the last 24 hours, adding 20%. The coin, though lodged at 18th at the time of writing, has been on a firm uptrend since the beginning of the year. In the last day,

DASH, the privacy coin that users can switch and make related transactions anonymous, is one of the best performing digital asset in the last 24 hours, adding 20%. The coin, though lodged at 18th at the time of writing, has been on a firm uptrend since the beginning of the year. In the last day,

CFTC
Bitcoin News
CFTC
Bitcoin News

How are Global Politico-Economic Events Affecting the Bitcoin Price?

Political and Economic Factors have time and again affected Bitcoin’s Price and the demand for cryptocurrencies, the latest one being no-deal Brexit. While the exact effects continue to be debated and delved upon, let us have a look at some of the politico-economic events influencing the demand of cryptocurrencies and Bitcoin price.  No Deal Brexit

Political and Economic Factors have time and again affected Bitcoin’s Price and the demand for cryptocurrencies, the latest one being no-deal Brexit. While the exact effects continue to be debated and delved upon, let us have a look at some of the politico-economic events influencing the demand of cryptocurrencies and Bitcoin price.  No Deal Brexit

Venezuela Announces New Cryptocurency Platform, Patria Remesa
Altcoin News
Venezuela Announces New Cryptocurency Platform, Patria Remesa
Altcoin News

Venezuela Govt Announces New Cryptocurrency Platform

In a press report on Monday, the Venezuelan Govt has announced the launch of a new state-run cryptocurrency platform, Patria Remesa. Venezuela to Leverage Crypto with New Platform Venezuela, on August 26, announced announced a new step to promote the adoption of cryptocurrencies. The Venezuelan Govt seeks to help citizens working outside of Venezuela in

In a press report on Monday, the Venezuelan Govt has announced the launch of a new state-run cryptocurrency platform, Patria Remesa. Venezuela to Leverage Crypto with New Platform Venezuela, on August 26, announced announced a new step to promote the adoption of cryptocurrencies. The Venezuelan Govt seeks to help citizens working outside of Venezuela in

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Why Bitcoin’s Energy Consumption Is Actually Good For Long-term Global Economic Stability?

According to a recent blog post by Unchained Capital, a financial company which offers cash loans to long-term cryptocurrency holders, the long-term necessity and importance of bitcoin’s energy consumption outweighs its controversial climatic influences and environmental disruption. According to the insightful conclusions, bitcoin’s “wasteful” energy consumption is a more rational alternative in building a better

According to a recent blog post by Unchained Capital, a financial company which offers cash loans to long-term cryptocurrency holders, the long-term necessity and importance of bitcoin’s energy consumption outweighs its controversial climatic influences and environmental disruption. According to the insightful conclusions, bitcoin’s “wasteful” energy consumption is a more rational alternative in building a better

Crypto News
Altcoin News
Crypto News
Altcoin News

This Week in Cryptos: Venezuela Uses Cryptos Shield to Block US Sanctions While Circle Goes Global

Key highlights Venezuela takes cryptos to fight the US Circle goes global Robinhood raises $323 million Trouble for Tron continues SEC issues second no-action letter Venezuela takes cryptos to fight the US It is believed that Venezuela and Maduro regime has been trying to escape U.S. sanctions by collecting taxes from airline travelers and then

Key highlights Venezuela takes cryptos to fight the US Circle goes global Robinhood raises $323 million Trouble for Tron continues SEC issues second no-action letter Venezuela takes cryptos to fight the US It is believed that Venezuela and Maduro regime has been trying to escape U.S. sanctions by collecting taxes from airline travelers and then

petro
Altcoin News
petro
Altcoin News

Venezuela’s Petro Token Receives Mainstream Adoption From Country’s Big Player

Venezuela’s Petro is one such crypto token that comes often in limelight. The token has recently received a mainstream adoption from the largest department stores in the country, Traki. Traki Accepting Petro Token Traki, the country’s largest department stores recently began accepting Petro tokens as a form of payment. Though this is not something Traki

Venezuela’s Petro is one such crypto token that comes often in limelight. The token has recently received a mainstream adoption from the largest department stores in the country, Traki. Traki Accepting Petro Token Traki, the country’s largest department stores recently began accepting Petro tokens as a form of payment. Though this is not something Traki

turkey
Bitcoin News
turkey
Bitcoin News

Bitcoin Will Become a Factor in Turkey as Hard Cash Disappears – Max Keiser

Keiser Report host Max Keiser is as bullish and hopeful as ever that Bitcoin will take over the world. Earlier today, Keiser in response to a post by Zerohedge on Twitter, said Bitcoin will soon become a factor to Turks as cash disappears. The Turks know what is coming According to Zerohedge, Turkish residents have

Keiser Report host Max Keiser is as bullish and hopeful as ever that Bitcoin will take over the world. Earlier today, Keiser in response to a post by Zerohedge on Twitter, said Bitcoin will soon become a factor to Turks as cash disappears. The Turks know what is coming According to Zerohedge, Turkish residents have

DASH price surge
Altcoin News
DASH price surge
Altcoin News

Dash More Popular Than Bitcoin and Litecoin in Venezuela: CEO of Dash Core Group

Dash is a privacy-focused cryptocurrency, aimed towards providing low-cost remittances around the world. The Dash Core team under CEO Ryan Taylor, responsible for the development and adoption of Dash has made a lot of progress in Venezuela. They have made it their primary focus as they continue to offer other low-cost solutions to improve the

Dash is a privacy-focused cryptocurrency, aimed towards providing low-cost remittances around the world. The Dash Core team under CEO Ryan Taylor, responsible for the development and adoption of Dash has made a lot of progress in Venezuela. They have made it their primary focus as they continue to offer other low-cost solutions to improve the

Venezuela
Bitcoin News
Venezuela
Bitcoin News

Venezuela: Bitcoin [BTC] Weekly Trade Volume is at an All-Time High

Bitcoin has no doubt seen a significant increase in volume that is practically pushing its price up. In Venezuela, Bitcoin has reached its all-time high Bitcoin trade volume this week according to Bitcoin weekly charts. Bitcoin saving Venezuelans The Venezuelan economy has crumbled due to its nation’s hyperinflation which is said to have increased to

Bitcoin has no doubt seen a significant increase in volume that is practically pushing its price up. In Venezuela, Bitcoin has reached its all-time high Bitcoin trade volume this week according to Bitcoin weekly charts. Bitcoin saving Venezuelans The Venezuelan economy has crumbled due to its nation’s hyperinflation which is said to have increased to

Dash
Altcoin News
Dash
Altcoin News

Dash Scores 15.2% Higher Citing Zero-Fee Dash Purchase on ATM Network

April’s first day looks too greener for Dash cryptocurrency, the 13th largest cryptocurrency at the moment. The coin has surged 15.2% higher on April 01, 2019 and stood as the hottest altcoin of the day. According to the data from Coinmarketcap, Dash is valued at $114.72 against US Dollar and sits with an average marketcap

April’s first day looks too greener for Dash cryptocurrency, the 13th largest cryptocurrency at the moment. The coin has surged 15.2% higher on April 01, 2019 and stood as the hottest altcoin of the day. According to the data from Coinmarketcap, Dash is valued at $114.72 against US Dollar and sits with an average marketcap

Valezuela
Bitcoin News
Valezuela
Bitcoin News

Venezuelan Claims Bitcoin Better Than Banks – Despite Blackout BTC Was Up 

As Bitcoin hovers over $4000, crypto enthusiasts across the world staring at the new bull market. While BTC starting to pick the long-awaited figure, one cannot forget the energy it consumes during mining– however, the case of Bitcoin transaction in terms of electricity is quite different. As such Venezuelan claims that the recent massive power

As Bitcoin hovers over $4000, crypto enthusiasts across the world staring at the new bull market. While BTC starting to pick the long-awaited figure, one cannot forget the energy it consumes during mining– however, the case of Bitcoin transaction in terms of electricity is quite different. As such Venezuelan claims that the recent massive power

Dash
Altcoin News
Dash
Altcoin News

Dash Ranks Higher After Boosting Internet Free Charity Model for Venezuela

For the first time, Dash cryptocurrency is moving beyond crypto ecosystem. The SMS based Dash Wallet or Text Wallet has launched a new charity system which is completely automatic and helps the needy immediately. Following the launch, trading volume of Dash cryptocurrency is picking up the positive figures. Dash Took New Move At press time,

For the first time, Dash cryptocurrency is moving beyond crypto ecosystem. The SMS based Dash Wallet or Text Wallet has launched a new charity system which is completely automatic and helps the needy immediately. Following the launch, trading volume of Dash cryptocurrency is picking up the positive figures. Dash Took New Move At press time,

Bitcoin News
Bitcoin News

Bitcoin Adoption Gets Stronger in Venezuela As Trading Volume Hits All Time High

Countries with weaker economies and collapsing fiat currencies are at the forefront of crypto adoption. While this phenomenon is witnessed across the globe, Latin American countries, which are facing an economic slowdown, are at the forefront to accept this new form of ‘money’  Venezuela leads the way while others follow   The economic situation of

Countries with weaker economies and collapsing fiat currencies are at the forefront of crypto adoption. While this phenomenon is witnessed across the globe, Latin American countries, which are facing an economic slowdown, are at the forefront to accept this new form of ‘money’  Venezuela leads the way while others follow   The economic situation of

petro coin news
Regulation News
petro coin news
Regulation News

What Venezuela’s Power Struggle Could Mean for the Petro and Cryptocurrency

Following news of President Nicolas Maduro’s apparent ouster from power after three turbulent years in charge of Venezuela, there are indications that the ascension of his U.S.-backed opposition challenger Juan Guaidó could spell the end for one of the world’s most curious cryptocurrency experiments. The Petro has been the source of significant controversy, with Maduro

Following news of President Nicolas Maduro’s apparent ouster from power after three turbulent years in charge of Venezuela, there are indications that the ascension of his U.S.-backed opposition challenger Juan Guaidó could spell the end for one of the world’s most curious cryptocurrency experiments. The Petro has been the source of significant controversy, with Maduro

Venezuela
Bitcoin News
Venezuela
Bitcoin News

Market Update: Venezuelans Trading Million Dollars in Bitcoin while Peru Registers Record Growth

Venezuela buys millions of dollars worth of Bitcoins while Peru registers a boost in Bitcoin transactions Countries like Colombia and Iran are also seeing growth   Interest in Bitcoin seeing Substantial Growth According to the data provided by LocalBitcoins, a peer to peer exchange that is used to buy or sell Bitcoins for cash all

Venezuela buys millions of dollars worth of Bitcoins while Peru registers a boost in Bitcoin transactions Countries like Colombia and Iran are also seeing growth   Interest in Bitcoin seeing Substantial Growth According to the data provided by LocalBitcoins, a peer to peer exchange that is used to buy or sell Bitcoins for cash all