By Emir Abyazov Key highlights: Stablecoins have become a practical substitute for banking in Venezuela amid inflation and sanctions. Venezuela ranks among global leaders in crypto adoption when adjusted for population size. Most stablecoin use in the country is driven by daily necessity, not speculation or crime. Venezuelans are increasingly turning to stablecoins for […]
Tag: Venezuela
By Emir Abyazov Key highlights: Bitcoin dips to $107K as traders fear a deeper correction below $100K ETF outflows and retail withdrawal add pressure on market sentiment Analysts warn of a volatile November despite bullish seasonal trends Bitcoin has once again shown its volatility, slipping 2% in early November and returning to $107,000. On-chain data […]
By ItalianCannon Key Points: Trade policies such as tariffs and sanctions directly influence currency values by altering supply and demand dynamics across borders Cryptocurrencies are increasingly impacted by geopolitical trade tensions, despite their decentralized nature Sanctioned nations are turning to digital assets as alternative financial channels to bypass international restrictions The U.S.-China trade conflict has […]