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Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again


Venezuela's state-controlled oil company PDVSA intends to boost its use of digital currencies in crude oil and fuel exports, prompted by renewed US oil sanctions, Reuters reported on Monday. The post Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again appeared first on Cryptonews

Payment Use Cases Fuel Increasing Stablecoin Growth


The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets.  The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...

Bitcoin: Divergence, Whales, and Halving hype fuel price rise


Bitcoin is rallying above $70,000 at the time of writing this article. The trading community and crypto enthusiasts have primarily invested in boosting Bitcoin without relying on equities or other sectors. However, there is a slight change in that behavior, which is evident from the fact that...

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