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Argentinians Pay Crypto Premium, Venezuelan Lottery to Give BTC Prizes

From cryptonews.com

Bitcoin is booming in South America as national fiats flounder – with Argentinians paying a premium for cryptocurrencies and the Venezuelan national lottery handing out cryptocurrency prizes. Enthusiasm for cryptocurrencies is spiking in Argentina in the wake of election primary results on Sunday, with left-leaning candidate Alberto Fernández winning just over 47% of the vote. The Guardian reports that the result has “triggered a 30% fall in the value of the peso, which hit a fresh record low against the USD on the global money markets.” News outlet Criptomonedas e ICO opines that a victory in the forthcoming second r ... (full story)

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  • Category: Fundamental Analysis