Venezuela Bitcoin Trading Hits All-Time High Amid Insane 1,000,000% Inflation Projection

2019-8-5 15:09

The number of Venezuelan Bolivars that were exchanged for Bitcoin last week hit a new all-time high as the International Monetary Fund (IMF) projected that Venezuela will experience the world’s highest inflation rate in 2019.

During the week that ended on August 3, the number of Venezuelan Bolivars that were exchanged for Bitcoin rose to […]

The post Venezuela Bitcoin Trading Hits All-Time High Amid Insane 1,000,000% Inflation Projection appeared first on CCN Markets

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Let’s regather for a second and count the bearish happenings in the market right now: Inflation is exploding to such a degree that the 4th of July fireworks this weekend are likely to pale in comparison At the same time that inflation is exploding, the Fed is raising rates (and then backtracking…and then re-affirming the […] The post Nothing is surprising about scale of Bitcoin’s fall (from a Bitcoin bull) appeared first on Invezz.

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Bitcoin’s Benefits Rise to the Top Against Not Only Inflation, but a Cashless Society Proposition Too

Bitcoin (BTC) continues to be in a bear market but it does not mean that its fundamentals are also weakening. Indeed, Bitcoin’s features besides its price continue to expand as time passes. Bitcoin can be used as a hedge against inflation in many countries such as Venezuela, additionally, it is also possible to think of […]

2019-2-13 20:00