A new 100,000-bolivar banknote would be
equivalent to 0.22 cents on the US dollar. Today, an average Venezuelan would
need 1,500 of these banknotes to buy food for a month.
It seems that the Government...
Tesla investor Yassine Elmandjra says
that Bitcoin's market capitalization could reach USD 1 trillion within ten
years. The number of investors will be responsible for this growth of the best
performing cryptocurrency of 2020.
Tesla's investor...
In Latin America and Europe, traders often
move their money to the Asian markets. In Latin America, 57% of cross-border
transactions are less than USD 100.
Exchanges are gateways to Bitcoin markets, as the money
that...
In late September, Venezuela launched its decentralized stock exchange BDVE. This organization
is primarily based on Ethereum.
Through the National Securities Superintendency
(SUNAVAL), according to Official Gazette No. 6,578 of September 29th,
Venezuela launched decentralized stock...
Following the
accusations against the BitMEX exchange, the price of Bitcoin dropped by 4%.
Bitcoin shows its strengths as money in contrast to the weakness of the US
dollar.
In recent days, the
CFTC accused BitMEX of...
The draft regulation on cryptocurrencies
imposes strict rules on stablecoins. Regulating Bitcoin as a financial
instrument "is a way to avoid qualifying it as money."
The draft regulation that the European Commission (EC)
is preparing seems...
According
to Glassnode, the number of BTC wallets with a positive balance has reached 31
million. This figure represents a new all-time high in the number of Bitcoin
addresses that have a credit balance.
The digital...
Both
parties must present a joint agreement between now and October 20th.
The judge argues that his decision is based on the Howey test.
In its express trial
against the Initial Coin Offering (ICO) of the...
Users
have transferred around USD 500 million worth of BTC off the exchange. Other
exchanges such as Binance and Gemini also record massive withdrawals.
There have been
withdrawals for more than 37,000 BTC (equivalent to USD...
Ray
Dalio argues that money printing and debt should be of concern for investors.
He also recommends diversifying portfolios and being very cautious about cash.
Ray Dalio is the founder of Bridgewater Associates, the largest...
