Soaring Inflation Sends Bitcoin Trading Volume to [Another] New High in Venezuela

The amount of Venezuelan bolivars being spent to purchase bitcoin has risen to record levels as the South American country experiences unprecedented hyperinflation and a worsening economic crisis. Per Coin Dance, bitcoins worth nearly 900 million bolivars have been traded so far this week in Venezuela, and this is already higher than last’s week volume

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Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally

On October 15, the price of Bitcoin dropped to $6,150, dangerously moving closer to its $6,000 support level which it has well maintained since early August. Due to its low volume, Bitcoin struggled to demonstrate momentum in the mid $6,000 region, failing to hold $6,550, a level it had held fairly well throughout the past

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A Bitcoin Lesson From A Yogi Master

Ticker 1 BTC = $6432.01 USD  (via Coinbase) 1 ETH = $203.70 USD  (via Coinbase) 1 LTC = $53.37 USD  (via Coinbase) Quotes delayed up to 2 minutes. 1 CRYPTO …

Bitcoin Price Intraday Analysis: BTC/USD Goes Haywire as USDT Declines

Bitcoin on Monday pursued a fake upside action across several exchanges, mainly BitFinex, after stablecoin Tether (USDT) started falling. The BTC/USD responded to the upside action witnessed in the BTC/USDT market. USDT traders started exiting their positions amidst growing concerns about BitFinex’s insolvency and its impact on the coin’s liquidity. The more traders swapped USDT

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