Bitcoin Acceptance Skyrockets in Venezuela Amid Hyperinflation Crisis

As Venezuela’s economy continues to endure hyperinflation, more businesses start accepting crypto. Over 20,000 shops and enterprises in Venezuela will reportedly start accepting crypto by June 1. This news was made available as part of an effort to drive crypto adoption in the hyperinflation-stricken country.  Earlier today, Panama-based cryptocurrency merchant gateway startup, Cryptobuyer, announced a […]

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Research Shows Inverse Correlation Between USDT on Crypto Exchanges and Bitcoin’s Price

Recent research shows that there is an inverse relationship between the percentage of the Tether stablecoin on exchanges and Bitcoin’s price. Recent research shows that there is an inverse relationship between the percentage of the Tether (USDT) stablecoin on exchanges and Bitcoin’s (BTC) price. Cryptocurrency market insights firm Santiment published analysis showing that the percentage […]

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