Venezuela’s plans to sell its mineral resources for its cryptocurrency Petro will reportedly take off this year. According to the Venezuelan President Nicolas Maduro, the country’s oil will be sold in the national cryptocurrency. Other products including precious metals as well as industrial metals will also be sold in Petros. Continue reading You Can Now Buy Our Venezuelan Oil in Crypto Petro
The founder and CEO of Chinese telecommunications giant Huawei, Ren Zhengfei, has dismissed concerns that Facebook’s planned cryptocurrency Libra could dominate the world at the expense of China and its tech firms, Sina reports. Continue reading China Can Crush Facebook’s Libra With Its Digital Currency
Global financial crises are on the rise, thrusting bitcoin into the spotlight. Legendary investor Warren Buffett called bitcoin “rat poison squared,” but it turned out to be nectar, nevertheless. Continue reading Bitcoin Can Be a Hedge During Persistent Liquidity Crises
In the past few sessions, we mostly saw range moves below $0.3700 in ripple price against the US Dollar. Earlier, the XRP/USD pair made a few attempts to break the $0.3700 and $0.3740 resistance levels. However, bulls failed to gain bullish momentum above $0.3740 and the price retreated from highs. It broke the $0.3650 support and settled below the $0.3600 level plus 100 hourly simple moving average. The recent swing low was formed at $0.3488 and the price is currently consolidating in a tight range. Continue reading Ripple Bulls Protecting Crucial Support But Can They Gain Momentum?
Some $2 billion worth of crypto-currency has been stolen, mostly from exchanges, says the Review, and those are only the publicly reported thefts. Continue reading What The Digerati Give, The Digerati Can Take Away