Venezuela

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Hotels and Realtors in Venezuela’s Historic Cumaná City Accept Bitcoin Cash

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For years Venezuelans have been surviving the harsh economic climate of their country, beset by hyperinflation and political instability. Small businesses have been hit the hardest. But even in these difficult conditions, the ingenuity and hard work of Venezuelan entrepreneurs has allowed them to provide food for their families and services to their communities. Many … Read more

There’s 100 Unclaimed Bitcoin Cash Wallets Hidden Worldwide

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Over the last few months, the geocaching treasure hunt Findbitcoin.cash has gathered a bunch of new hidden BCH treasures. At the time of publication, there are approximately 105 concealed bitcoin cash wallets hidden all over the world with a large portion of these funds hidden in the U.S. and Australia. Also read: Bitcoin.com’s Local Bitcoin … Read more

Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash

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Venezuela is among those nations where cryptocurrencies enjoy faster adoption. The South American country suffers from a political and economic crisis causing hyperinflation of the national fiat, the bolivar. Coincoin, a mining equipment supplier based in Caracas, is one of many Venezuelan businesses that have decided to accept cryptocurrencies. Bitcoin cash (BCH) is now among … Read more

Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos

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Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like BTC are seeing all-time price highs. The surge in value is not just taking … Read more

Crypto Adoption Remains Strong in Venezuela Amid Political Chaos

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The political tension in Venezuela has affected local cryptocurrency adoption. While there are roadblocks, many crypto-advocating projects continue to thrive in the country. News.Bitcoin.com takes a deep look at the current situation in Venezuela, crypto adoption efforts and how the recent political crisis affects them. Also read: Indian Supreme Court Postpones Crypto Case at Government’s … Read more

OTC Groups and State-Sanctioned Exchanges Start Trading Venezuela’s Petro

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Last February, news.Bitcoin.com first reported on the Venezuelan cryptocurrency the petro (PTR) launched by President Nicolas Maduro. Initially, many media reports assumed the digital currency might be phony or nonexistent. However, recent data from a few exchanges and from Venezuelans trading the asset on social media suggests the nation-state issued cryptocurrency is quite real and … Read more