Published On: Thu, Apr 19th, 2018

Bolivar to Bitcoin Trading Surpasses a Record $1 Million per Day

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Venezuela’s economic situation has been steadily declining in the past few years, bringing Venezuelans to turn to cryptocurrencies. According to VeneBloc data, the bolivar-to-bitcoin market recently reached a new record, as the equivalent of $1.009 million in bolivars were exchanged for bitcoin on April 17. VeneBloc tracks transactions made on peer-to-peer exchange LocalBitcoins on the
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