Venezuela Archives - Tech Prof Blog

Bitcoin Buying on the Rise Again in Venezuela

Bitcoin price in Venezuela: A report has it that Venezuelans’ interest in buying Bitcoin has increased significantly over the last three months, Criptonoticias news outlet reports Wednesday, June 6, citing data from the LocalBitcoins exchange. Venezuela experienced its first cryptocurrency boom in early 2017, when a record volume of 805 bitcoins exchanged in a week was … Read more

Cryptocurrencies still have a ‘big deal’ problem with exchange rates, Fed’s Bullard says

by Bryan Sean

Instability in exchange rates remains the biggest obstacle toward more widespread cryptocurrency acceptance, St. Louis Fed President James Bullard said Monday. Bitcoin and its growing legion of competitors have been on a highly volatile ride, particularly over the past year and a half or so. At one point in 2017, one bitcoin was going for … Read more