• Contact US
  • Disclaimer And Terms
  • Privacy Policy
Newsletter
PaxFun
Advertisement
  • Home
  • Blockchain

    Thailand’s Central Bank is Reviewing Several Blockchain Applications Including Cross-Border Payments.

    Ronaldinho Launches Cryptocurrency in order to develop 300 Digital VR Stadiums.

    Floating Island Crypto Nation Aims kids Way of Governance

    Crypto Market Cap Adds $13 Billion in 6 Hours with Bitcoin on the Rise.

    Indian Crypto Exchanges Launching P2P Trading Services, to Bypassing RBI Ban.

    Few Real Chance to Pay with Cryptocurrencies on the World Cup.

    Digital Content Platform to get in touch Creators and Customers Without Intermediaries.

    Nigerian Entrepreneurs are using Bitcoin Over the National Currency.

    Bitcoin Price Hits $7700 as Other Coins Remain Relatively Sluggish.

  • Cryptocurrency

    Tron TRX Reaches 500 Million Smart Contract Triggers on Network

    Binance's Trust Wallet Available these days on Desktops

    Ripple XRP Price: XRP incapable of recover amid negative sentiment

    Report: Ethereum has 4x the Developers Than Other Blockchains

    WINk Announces Date of First Airdrop to Tron TRX Users

    Justin Sun Offers 10BTC for Details of Binance KYC Leak, Gets Trolled

    China About Release Cryptocurrency Despite Libra Comments

    Coinbase may limit ZCash trade for UK residents

    Ethereum Community on Twitter Believe ETH will Trade Above $1000

  • Bitcoin

    Blockchain International Show London: Largest Cryptocurrency Event in Europe

    Bitcoin Trading Volume Hits $1 Million Every single day in Venezuela

    In Zug, Switzerland AKA Crypto Valley, Within your budget Your Company Registration Using Bitcoin or Ether

    Amazon Wins Patent for Data Marketplace Which will Unmask Bitcoin Users

    News Bytes Daily Summary for Friday, April 27th: Ex Paypal CEO Calls Bitcoin a gimmick, SEC Chair: BTC not really security, ICO Cease to, Revolut, Supply Chain Initiative

    BlockExplorer Weekly Blockchain Health Cryptocurrency Summary: 4 April 2019

    Bitcoin Is Not a Security: SEC Chairman

    Kraken Cryptocurrency Exchange Closes Japanese Operations

    Mt. Gox CEO Mark Karpels: ‘I Do not want This Billion Dollars'

  • Ethereum

    Ripple Releases Anticipated xRapid Platform, but XRP Price Struggles

    Chinese University May Move Web Domain Management To Blockchain

    Brave CEO Addresses Senate, Urges Adoption Of GDPR Model For Country

    Yale University in on $400 Million Paradigm Crypto Fund – Will Others Follow?

    Coinbase Details ‘Child Will pay for Parent’ Bitcoin Solution

    Amazon and Microsoft Set to generate Millions From Blockchain

    New Report Ranks Cryptocurrency Exchanges by Safety, Coinbase Pro Claims # 1 Spot

    Coinbase Completes GBP Rollout for UK Customers

    Passware Promises to Recover Crypto Passwords, Though not For the Reasons You realized

  • Litecoin

    Japanese Court Exonerates Man Charged with Cryptojacking

    QuadrigaCX CEO Used Personal Money to buy Exchange During Bank Litigation, down to his Wife

    Japan FSA Grants New Crypto Exchange License to E-Commerce Giant Rakuten

    Tesla Doesn’t Intend Involving With Crypto, Says Elon Musk

    Fidelity Declares Bitcoin Custody Service Accept Select Range of Eligible Clients

    No Bitcoin Deficit a challenge for Regulators, Says CME Group CEO Terry Duffy

    Indian Police Detains Suspects in Alleged $14 Million Cryptocurrency Swindle

    Binance’s Crypto BNB Deviates From Bitcoin’s Price, will no longer Tracks Bitcoin

    Tether in Spotlight Again, Changes Relation to Reserves

No Result
View All Result
  • Home
  • Blockchain

    Thailand’s Central Bank is Reviewing Several Blockchain Applications Including Cross-Border Payments.

    Ronaldinho Launches Cryptocurrency in order to develop 300 Digital VR Stadiums.

    Floating Island Crypto Nation Aims kids Way of Governance

    Crypto Market Cap Adds $13 Billion in 6 Hours with Bitcoin on the Rise.

    Indian Crypto Exchanges Launching P2P Trading Services, to Bypassing RBI Ban.

    Few Real Chance to Pay with Cryptocurrencies on the World Cup.

    Digital Content Platform to get in touch Creators and Customers Without Intermediaries.

    Nigerian Entrepreneurs are using Bitcoin Over the National Currency.

    Bitcoin Price Hits $7700 as Other Coins Remain Relatively Sluggish.

  • Cryptocurrency

    Tron TRX Reaches 500 Million Smart Contract Triggers on Network

    Binance's Trust Wallet Available these days on Desktops

    Ripple XRP Price: XRP incapable of recover amid negative sentiment

    Report: Ethereum has 4x the Developers Than Other Blockchains

    WINk Announces Date of First Airdrop to Tron TRX Users

    Justin Sun Offers 10BTC for Details of Binance KYC Leak, Gets Trolled

    China About Release Cryptocurrency Despite Libra Comments

    Coinbase may limit ZCash trade for UK residents

    Ethereum Community on Twitter Believe ETH will Trade Above $1000

  • Bitcoin

    Blockchain International Show London: Largest Cryptocurrency Event in Europe

    Bitcoin Trading Volume Hits $1 Million Every single day in Venezuela

    In Zug, Switzerland AKA Crypto Valley, Within your budget Your Company Registration Using Bitcoin or Ether

    Amazon Wins Patent for Data Marketplace Which will Unmask Bitcoin Users

    News Bytes Daily Summary for Friday, April 27th: Ex Paypal CEO Calls Bitcoin a gimmick, SEC Chair: BTC not really security, ICO Cease to, Revolut, Supply Chain Initiative

    BlockExplorer Weekly Blockchain Health Cryptocurrency Summary: 4 April 2019

    Bitcoin Is Not a Security: SEC Chairman

    Kraken Cryptocurrency Exchange Closes Japanese Operations

    Mt. Gox CEO Mark Karpels: ‘I Do not want This Billion Dollars'

  • Ethereum

    Ripple Releases Anticipated xRapid Platform, but XRP Price Struggles

    Chinese University May Move Web Domain Management To Blockchain

    Brave CEO Addresses Senate, Urges Adoption Of GDPR Model For Country

    Yale University in on $400 Million Paradigm Crypto Fund – Will Others Follow?

    Coinbase Details ‘Child Will pay for Parent’ Bitcoin Solution

    Amazon and Microsoft Set to generate Millions From Blockchain

    New Report Ranks Cryptocurrency Exchanges by Safety, Coinbase Pro Claims # 1 Spot

    Coinbase Completes GBP Rollout for UK Customers

    Passware Promises to Recover Crypto Passwords, Though not For the Reasons You realized

  • Litecoin

    Japanese Court Exonerates Man Charged with Cryptojacking

    QuadrigaCX CEO Used Personal Money to buy Exchange During Bank Litigation, down to his Wife

    Japan FSA Grants New Crypto Exchange License to E-Commerce Giant Rakuten

    Tesla Doesn’t Intend Involving With Crypto, Says Elon Musk

    Fidelity Declares Bitcoin Custody Service Accept Select Range of Eligible Clients

    No Bitcoin Deficit a challenge for Regulators, Says CME Group CEO Terry Duffy

    Indian Police Detains Suspects in Alleged $14 Million Cryptocurrency Swindle

    Binance’s Crypto BNB Deviates From Bitcoin’s Price, will no longer Tracks Bitcoin

    Tether in Spotlight Again, Changes Relation to Reserves

No Result
View All Result
PaxFun
No Result
View All Result
Home Bitcoin

Bitcoin Trading Volume Hits $1 Million Every single day in Venezuela

PaxFun by PaxFun
September 12, 2021
in Bitcoin
0
196
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Bitcoin trading volume has achieved an innovative record in Venezuela, surpassing $1 million in one day as locals utilize cryptocurrency for relief from the hyper-inflated bolivar.

Related articles

Blockchain International Show London: Largest Cryptocurrency Event in Europe

September 18, 2021

In Zug, Switzerland AKA Crypto Valley, Within your budget Your Company Registration Using Bitcoin or Ether

September 6, 2021

Citing data from peer-to-peer (P2P) trading platform LocalBitcoins, Bloomberg reports that bolivar-to-bitcoin trades made up $1.006 million in volume on Monday, marking at first chance that this trading pair has eclipsed the seven-figure barrier in a 24-hour period.

The country’s economic woes were well-documented, and they have been underpinned by runaway inflation that’s seen prices rise by nearly 8,900 percent within the past calendar year.

The government not issues official inflation figures, so platforms like LocalBitcoins, which allow users to prep trades automatically terms, provide efficient price discovery for any bolivar, whose value rapidly declines regularly.

After obtaining bitcoin, Venezuelans often trade it for USD, your primary currency with the country’s black market. Others have to keeping many of their liquid assets in bitcoin, trading it for bolivars when they need to buy something.

Venezuela’s government has turned to cryptocurrency as a resolution to its economic ills as well, creating a state-backed cryptocurrency referred to as “petro” that is allegedly backed by barrels of oil from the country’s crude reserves.

The government says that the petro gets legal tender for all those government transactions this several months, forcing government agencies to accept payments made with the token, which relies on a NEM blockchain.

President Nicolas Maduro claims the fact that initial coin offering (ICO) for the petro, which began in January,? has raised greater than $5 billion, a figure that would be an archive for cryptocurrency token sales. However, most independent analysts — as well as the country’s opposition party-controlled legislature — dispute its accuracy, and there’s a currently no evidence that your petro has raised any money at all.

Tags: Bitcoin
Share78Tweet49

Related Posts

Blockchain International Show London: Largest Cryptocurrency Event in Europe

by PaxFun
September 18, 2021
0

Blockchain International Show London: Largest Cryptocurrency Event in Europe On June 6-7, London will spot Blockchain International Show, major large-scale...

In Zug, Switzerland AKA Crypto Valley, Within your budget Your Company Registration Using Bitcoin or Ether

by PaxFun
September 6, 2021
0

The Crypto Valley – a presence granted to Zug, Switzerland – really lives about its name. Being a testament to...

Amazon Wins Patent for Data Marketplace Which will Unmask Bitcoin Users

by PaxFun
August 29, 2021
0

Amazon has unveiled plans which will allow criminal agencies to make use of big data to link Bitcoin addresses recommended...

News Bytes Daily Summary for Friday, April 27th: Ex Paypal CEO Calls Bitcoin a gimmick, SEC Chair: BTC not really security, ICO Cease to, Revolut, Supply Chain Initiative

by PaxFun
August 28, 2021
0

News Bytes for April 27, 2019 Former Paypal CEO Says Bitcoin Is really a Scam, And Investors Are “drinking the...

BlockExplorer Weekly Blockchain Health Cryptocurrency Summary: 4 April 2019

by PaxFun
August 23, 2021
0

This is a weekly summary the existing status of some popular cryptocurrencies. More cryptocurrencies will be added after a while....

Load More

Search

No Result
View All Result

– Advertising –

– Advertising –
  • Trending
  • Comments
  • Latest

First Bitcoin Smart Contracts Sidechain Now Secured By 10 percent Miners.

September 5, 2020

Litecoin Foundation to Sponsor UFC Fighting Championship, as documented in Announcement

October 5, 2020

/r/MilllionaireMakers users discover large unclaimed bitcoin winnings

August 27, 2020

Indian Crypto Exchanges Launching P2P Trading Services, to Bypassing RBI Ban.

August 22, 2021

Tron TRX Reaches 500 Million Smart Contract Triggers on Network

0

EOS Account Creation tool backed by BOID is active; price falls amidst bears seizing control

0

Goldman Sachs CEO Lloyd Blankfein: Bitcoin Will be ‘Natural Evolution’ of Money

0

Top Cryptocurrencies Exchanging the Green After Yesterday’s Plunge

0

Tron TRX Reaches 500 Million Smart Contract Triggers on Network

October 22, 2021

Binance's Trust Wallet Available these days on Desktops

October 21, 2021

Ripple XRP Price: XRP incapable of recover amid negative sentiment

October 20, 2021

Report: Ethereum has 4x the Developers Than Other Blockchains

October 19, 2021

– Advertising –

– Advertising –
PaxFun

Committed to serving blockchain innovators with value investment as the guide.

Categories tes

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin

Tags

Bitcoin Cryptocurrency Ethereum Litecoin News News That Strengthen The Bitcoin

Recent Posts

  • Tron TRX Reaches 500 Million Smart Contract Triggers on Network
  • Binance's Trust Wallet Available these days on Desktops
  • Ripple XRP Price: XRP incapable of recover amid negative sentiment
  • Contact US
  • Disclaimer And Terms
  • Privacy Policy

© 2020 PaxFun – All Rights Reserved.

No Result
View All Result
  • Home
  • Blockchain
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Litecoin

© 2018 JNews by Jegtheme.