The Venezuelan government said it will knock five zeros off its currency — the bolívar — instead of the three it had planned. According to Financial Times, the decision is a move to keep up with hyperinflation, which the International Monetary Fund (IMF) predicts will...
It wasn’t to be: Bitcoin’s rally has seemingly come to an end, MarketWatch reported. The world’s most popular cryptocurrency fell below $10,000 after nearly reaching $12,000. According to Coindesk, it reached $9,604.84 as of 8:14 P.M. And Robinhood is taking on Coinbase with a no-fee...
August 03, 2018
Venezuela’s Constituent Assembly voted on Thursday (Aug. 2) to legalize money exchange operations in an effort to relax the government’s strict currency controls. According to Reuters, economists say it’s unlikely that President Nicolás Maduro’s government would do away completely with the controls. The country is in its fifth year of recession, with inflation expected to […]
July 27, 2018
The Venezuelan government said it will knock five zeros off its currency — the bolívar — instead of the three it had planned. According to Financial Times, the decision is...
February 23, 2018
It wasn’t to be: Bitcoin’s rally has seemingly come to an end, MarketWatch reported. The world’s most popular cryptocurrency fell below $10,000 after nearly reaching $12,000. According to Coindesk, it...
