New Trading Volume In Venezuela
As the debilitating effects of hyperinflation rage on in Venezuela, we have seen continuous growth in cryptocurrency trades with Bitcoin (BTC) trading hitting a new record.
It has been revealed that the trading volume on P2P cryptocurrency exchanges experience another spike in trading volume hitting a new all-time high of 114 billion sovereign bolivars exchanged hands in LocalBitcoins.
This is significantly higher than that of the previous record of 77 Billion, however, it must be noted that in terms of Bitcoin the figure is much smaller, rising from 465 BTC to 533 BTC.
However, this initiative has not been met with the same enthusiasm other cryptocurrencies are currently enjoying, this is mainly due to Petro being is backed by the same government that was at fault for the hyperinflation in the first place.
Headlines for the world of Cryptocurrencies - September 01, 2019
- Tether To Mint Digital Yuan And Commodity Coins
- Jaguar Tracks Car Energy Using IOTA Distributed Ledger Technology
- Billionaire Eyeing $1B USD Crypto Hedge Fund
- Migros Using Blockchain-Base Food Traceability Platform
- Migros Using Blockchain-Base Food Traceability Platform
Headlines for the world of Cryptocurrencies - August 31, 2019
- Tether To Mint Digital Yuan And Commodity Coins
- Jaguar Tracks Car Energy Using IOTA Distributed Ledger Technology
- Billionaire Eyeing $1B USD Crypto Hedge Fund
- Migros Using Blockchain-Base Food Traceability Platform
- Telegram Open Network Compatible With Ethereum
Headlines for the world of Cryptocurrencies - August 30, 2019
- Samsung Galaxy S10 Supports More Cryptocurrencies
- Thailand Ports To Use IBM’-Maersk Blockchain Solution
- Merj — The World’s First Security Token IPO
- SBI Mulling to Pay Shareholders WIth Ripple
- No Banks Accounts Needed For China’s CBDC
