Bitcoin Trading in Venezuela Just Hit an All-Time High Despite a 40% Price Premium

According to the data provided by LocalBitcoins, a peer-to-peer cryptocurrency trading platform, the weekly volume of Bitcoin in Venezuela achieved a new all-time high. Measured in Bitcoin, the weekly volume of the BTC-to-Venezuelan bolivar (VES) pair increased to 2,454 BTC. In U.S. dollars, that is worth $ 8.95 million per week and $ 1.29 million per day. Matt Odell, a cryptocurrency researcher, said that the volume would be higher if the 40 percent premium in the Venezuelan market is priced in. 2454 bitcoin weekly volume x $ 3650 = $ 8,957,100 this week ÷ 7 = $ 1,279,585 per day on average, higher if you

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Hedge Fund Manger Lists Multi-Million Dollar Townhouse in Bitcoin…for a 50% Premium

The real estate industry is increasingly embracing bitcoin as a form of payment. Most recently, hedge fund manager Claudio Guazzoni de Zanett has put his Manhattan townhome on the market for nearly $ 30 million in USD or $ 45 million in cryptocurrencies, according to a story in The Wall Street Journal.
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