Petro

Venezuela’s Petro Cryptocurrency Ends its Run

KEY TAKEAWAYSVenezuela's national cryptocurrency, Petro, will shut down on January 15 after a six-year lifespan.Initially created to circumvent U.S. sanctions, Petro was backed by...

Maduro’s scheme to give away petro to Venezuela’s youth is good for bitcoin

The government of Venezuela will not let its petro cryptocurrency dreams die.  And Venezuela’s embattled president, Nicolás Maduro, now has a new plan to...

The petro is real and Venezuelans are slowly starting to trade it

The petro is at once the technological savior of Venezuela’s economy and the biggest fraud ever perpetrated by President Nicolás Maduro’s socialist government, depending...

US Treasury Accuses Russian Bank Of Helping Venezuela Skirt US Sanctions Via Petro

This action signals an increase in US pressure on the Venezuelan government.The US Treasury Department has alleged that Evrofinance Mosnarbank (Evrofinance), a Russia-based financial...

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Coinbase CEO Backs Revised Crypto Clarity Act Ahead of Senate Markup

Coinbase CEO Brian Armstrong endorses the latest bipartisan Digital Asset Market Clarity Act ahead of a key Senate committee...

Bitcoin Rejected at Key $82,430 Level, Echoes 2022 Pattern

Bitcoin has failed to break above its critical 200-day moving average around $82,430, according to data from CryptoQuant.The rejection...

China’s proposed AI rules threaten Nvidia’s multi-billion Chinese revenue এই report says. This comes after CEO Jensen Huang joined Trump’s recent China visit.

NVIDIA shares rose 3% despite short seller Culper Research highlighting risks tied to the company's significant business exposure to...