Bitcoin (BTC) Price Analysis: Is Venezuela’s “Unplugging” Affecting Prices?

2019-3-11 14:30

Latest Bitcoin News The political quagmire in Venezuela is now turning into an inconvenience, a crisis—and ordinary citizens are feeling the pinch. Reliable news sources reveal that the once prosperous oil-rich state is now on.

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$ 76382.7 (-0.31%)
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venezuela bitcoin prices affecting btc price unplugging

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Mauricio Di Bartolomeo: Venezuela’s economic instability fuels Bitcoin and stablecoin adoption, skepticism around $60 billion Bitcoin stash, and corruption hampers national reserves | Unchained

Venezuela's economic instability is highlighted by the discrepancy between official and free market exchange rates. Bitcoin and stablecoins present a significant opportunity in Venezuela due to elite belief and daily population use.

2026-1-22 21:22


Sudden Spike In Bitcoin’s Volume on LocalBitcoins in Venezuela is the Highest Ever

In last week alone, Venezuela has seen a sudden spike in bitcoin volume with an astounding $7 million worth of Bitcoin traded on LocalBitcoins. Trump and major U.S. allies have sought to unseat Venezuela’s authoritarian socialist president, Nicolas Maduro, and replace him with Juan Guaido, the leader of the country’s political opposition. “It could be […]

2019-2-3 22:43


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LATAM crypto news: Colombia tightens DIAN reporting, Brazil launches BRD

This week in LATAM crypto news, from Colombia to Brazil and Venezuela, the region is witnessing significant advancements in the cryptocurrency field. Some notable examples include: Colombia’s DIAN tightens cryptocurrency transaction reporting laws, Brazil debuts a new government-backed stablecoin with yield sharing, and Venezuelan exchange Kontigo promises to fully recover cash following a security compromise. […]