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 from Coin Dance confirms that in the seven days ending Saturday, Venezuelans transacted 1284 BTC ($5.1 million) via P2P trading platform Localbitcoins alone. In terms of […]

Continue Reading

Decentralized Exchange Bisq Sets New Record Bitcoin Trading Volume

Decentralized Bitcoin exchange Bisq revealed October 2018 has become the most successful month in its history, transacting over $3 million so far. Bisq’s $3M Month In a curious countertrend to the current lackluster Bitcoin 00 trading environment which stems from low prices, Bisq set a new trade volume record for the week ending October 20, […]

Continue Reading

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 Uses Dash’ for Payments Figures from P2P trading platform Localbitcoins gathered by monitoring site Coin Dance show a total of 898 BTC and 877 BTC changed hands […]

Continue Reading

2.7 TRILLION Bolivars: Venezuela Bitcoin Trading Hits All-Time High

Wilma Woo · April 16, 2018 · 7:00 am Venezuela Localbitcoins users traded a record 2.7 trillion bolivars in the week ending April 14, new data shows. $55 Million A Week In Bitcoin Coming just after the debt-ridden country’s parliament formally approved a law requiring all government institutions to accept its Petro cryptocurrency by July, […]

Continue Reading