Venezuela’s economic crisis has led to a significant increase in Bitcoin trading volume, with on-chain data revealing a correlation between Bitcoin adoption and the country’s inflation rate.
Venezuela’s adoption of stablecoins due to sanctions showcases their potential as an alternative financial system, providing a proof of concept for their effectiveness in bypassing traditional financial restrictions.
Polymarket withholds payouts on Venezuela invasion bets, sparking backlash from users who feel the platform is not adhering to its terms of service. This incident raises questions about the clarity and enforceability of criteria in decentralized prediction markets.
A dormant Polymarket trader has returned to bet on an Israeli strike against Iran, sparking speculation on insider positioning and echoing controversies tied to Venezuela.
President Trump’s announcement of securing Venezuelan oil has sparked speculation about the potential seizure of the country’s Bitcoin holdings, raising questions about the future of digital assets in international conflicts.
Can the U.S. seize Venezuela’s rumored $60B Bitcoin reserve? Legal, technical, and political hurdles suggest it’s unlikely—here’s why.
Bitcoin is holding near $93,800 as Venezuela tensions revive safe-haven demand, with a pro-Bitcoin leader poised to take power, potentially triggering a global adoption shock. Technical indicators suggest a possible breakout toward $100,000.
Speculations about Venezuela’s 600,000 Bitcoin reserve have been making waves, but analysts remain unsure due to a lack of concrete evidence. The country’s early crypto adoption and gold-to-Bitcoin conversion efforts fuel these claims, but transparency is still an issue.
A Polymarket trader made hundreds of thousands of dollars by correctly betting on the capture of Venezuelan leader Nicolás Maduro, with potential links to Trump’s World Liberty Financial.
Bitcoin price hits $94K as crypto volume dives to lowest since late 2023. What’s behind the growth, and what’s next for the cryptocurrency?