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Latam Insights: Venezuelan Opposition Leader Proposes Bitcoin Reserve; Maduro Wants to Retake the Crypto Path #Latam #Venezuela #bitcoin☀ #BinanceSquareFamily #Binancepen_spark Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Venezuelan opposition leader MarĂ­a Corina Machado proposes creating a bitcoin reserve, Venezuelan President NicolĂĄs Maduro states that the country must retake the crypto path, and a GAFILAT report indicates that bitcoin has not had a “significant impact” in El Salvador.
Latam Insights: Venezuelan Opposition Leader Proposes Bitcoin Reserve; Maduro Wants to Retake the Crypto Path

#Latam #Venezuela #bitcoin☀ #BinanceSquareFamily
#Binancepen_spark

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Venezuelan opposition leader María Corina Machado proposes creating a bitcoin reserve, Venezuelan President Nicolás Maduro states that the country must retake the crypto path, and a GAFILAT report indicates that bitcoin has not had a “significant impact” in El Salvador.
Why Venezuelans Are Betting Big on Bitcoin Amid Economic Collapse As Venezuela's economy continues to crumble under hyperinflation, its citizens are increasingly turning to Bitcoin as a lifeline. Both poor retirees and wealthy business leaders are converting their rapidly devaluing bolivars into Bitcoin online to pay for everything from medication to honeymoons. The shift towards cryptocurrencies has accelerated as the U.S. reimposes oil sanctions on Venezuela. The state-run oil company PDVSA is planning to increase its use of digital currencies like USDT (Tether) for crude and fuel exports to minimize the risk of sale proceeds being frozen in foreign bank accounts. The number of Venezuelans using cryptocurrencies has surged, with weekly Bitcoin trading volume reaching significant levels, far higher than in more prosperous neighboring countries. In recent years, millions of Venezuelan migrants have sent substantial amounts in remittances using crypto. Venezuelan opposition leader Maria Corina Machado has even proposed adopting a national Bitcoin reserve to combat economic instability as adoption of BTC continues to rise. While Bitcoin is a speculative investment in developed nations, in Venezuela it has become a critical tool for survival in the face of a collapsing economy. As the crisis deepens, expect to see even more Venezuelans seeking refuge in the world of cryptocurrency. #Venezuela #Bitcoin #Cryptocurrency #hyperinflation #EconomicCrisis
Why Venezuelans Are Betting Big on Bitcoin Amid Economic Collapse

As Venezuela's economy continues to crumble under hyperinflation, its citizens are increasingly turning to Bitcoin as a lifeline. Both poor retirees and wealthy business leaders are converting their rapidly devaluing bolivars into Bitcoin online to pay for everything from medication to honeymoons.

The shift towards cryptocurrencies has accelerated as the U.S. reimposes oil sanctions on Venezuela. The state-run oil company PDVSA is planning to increase its use of digital currencies like USDT (Tether) for crude and fuel exports to minimize the risk of sale proceeds being frozen in foreign bank accounts.

The number of Venezuelans using cryptocurrencies has surged, with weekly Bitcoin trading volume reaching significant levels, far higher than in more prosperous neighboring countries. In recent years, millions of Venezuelan migrants have sent substantial amounts in remittances using crypto.

Venezuelan opposition leader Maria Corina Machado has even proposed adopting a national Bitcoin reserve to combat economic instability as adoption of BTC continues to rise.

While Bitcoin is a speculative investment in developed nations, in Venezuela it has become a critical tool for survival in the face of a collapsing economy. As the crisis deepens, expect to see even more Venezuelans seeking refuge in the world of cryptocurrency.

#Venezuela #Bitcoin #Cryptocurrency #hyperinflation #EconomicCrisis
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Venezuelans Turn to Bitcoin as Their Economy Crumbles! đŸ’„ With hyperinflation making the local currency almost worthless, Venezuelans are turning to Bitcoin as a safe haven. đŸȘ™ Why Bitcoin? Hedge Against Inflation: It protects savings from losing value overnight. Access to Global Economy: Bypass local banking issues and currency controls. Empowerment: It offers financial freedom and a way to support families abroad. In times of crisis, Bitcoin isn’t just an investment—it’s a lifeline. Could crypto be the answer to financial instability? Let’s chat below! 👇 #Venezuela #BTC☀ #CryptoMarketMoves #CryptoNewss #Bitcoin❗ $BTC {spot}(BTCUSDT)
Venezuelans Turn to Bitcoin as Their Economy Crumbles! đŸ’„

With hyperinflation making the local currency almost worthless, Venezuelans are turning to Bitcoin as a safe haven. đŸȘ™

Why Bitcoin?

Hedge Against Inflation: It protects savings from losing value overnight.

Access to Global Economy: Bypass local banking issues and currency controls.

Empowerment: It offers financial freedom and a way to support families abroad.

In times of crisis, Bitcoin isn’t just an investment—it’s a lifeline. Could crypto be the answer to financial instability? Let’s chat below! 👇

#Venezuela #BTC☀ #CryptoMarketMoves #CryptoNewss #Bitcoin❗ $BTC
Payment of taxes on some #bitcoin transactions was exempted in #Venezuela The measure was reflected in Official Gazette 42.575 and is also aimed at remittances sent from abroad. #crypto2023 #BTC
Payment of taxes on some #bitcoin transactions was exempted in #Venezuela

The measure was reflected in Official Gazette 42.575 and is also aimed at remittances sent from abroad.

#crypto2023 #BTC
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The future of the Venezuelan real estate sectorThe Venezuelan real estate sector faces great challenges in the current context of economic, social and political crisis. The shortage of foreign currency, the lack of mortgage credit, hyperinflation, legal uncertainty and lack of trust in institutions make it difficult to develop a dynamic, transparent and efficient real estate market. However, technology can offer innovative solutions to overcome these obstacles and transform the real estate business in the country. Web3, Blockchain, smart contracts, NFTs, tokens and cryptoassets are concepts that are part of the new generation of the internet, which is based on decentralization, artificial intelligence and the digital economy. These technologies allow the creation of platforms website that connects real estate agents, owners, buyers and service providers related to the sector, without intermediaries or paperwork. In addition, they allow you to store and manage all information and transactions related to the real estate sector in a secure, transparent and automated way, through the use of blockchain technology and smart contracts. Blockchain technology is a distributed registry system that guarantees integrity , immutability and traceability of data. Smart contracts are self-executing programs that are activated when pre-established conditions are met, which facilitates the automation of processes and the reduction of costs and times. NFTs (non-fungible tokens) are a way to digitally represent the ownership of a unique and unrepeatable, like a work of art, a car or a house. NFTs can be transferred quickly and securely through the use of cryptoassets, which are units of digital value that can be exchanged on the blockchain network. These technologies can have a positive impact on the Venezuelan real estate sector, as they can offer advantages such as :Greater transparency and security in real estate operations, by avoiding fraud, falsification and breach of contracts.Greater efficiency and speed in real estate operations, by reducing bureaucratic procedures, intermediation costs and market access barriers. Greater inclusion and democratization in the real estate sector, by allowing access to property to people who do not have resources sufficient or that are located in remote or difficult-to-access areas. Greater innovation and creativity in the real estate sector, by enabling the creation of new business models, products and services, that adapt to the needs and preferences of users. These technologies They also pose new challenges and opportunities for the Venezuelan real estate sector, such as: The need to adapt to the technological and regulatory changes that occur at the national and international level, and to have the support of the competent authorities to guarantee legal security and tax of real estate operations. The need to train and train real estate agents and users in the use and management of these technologies, and to promote digital culture and trust in the sector. The possibility of transforming the definition of what It is a property, by incorporating digital elements that give it added value, such as virtual reality, augmented reality or artificial intelligence. The leading role that the real estate union, led by the Real Estate Chamber of Venezuela, must assume, committing to this natural evolution of the real estate business and its sustainable development. Web3, Blockchain and NFTs are the future of the Venezuelan real estate sector, and represent a unique opportunity to boost its growth, competitiveness and progress.

The future of the Venezuelan real estate sector

The Venezuelan real estate sector faces great challenges in the current context of economic, social and political crisis. The shortage of foreign currency, the lack of mortgage credit, hyperinflation, legal uncertainty and lack of trust in institutions make it difficult to develop a dynamic, transparent and efficient real estate market. However, technology can offer innovative solutions to overcome these obstacles and transform the real estate business in the country. Web3, Blockchain, smart contracts, NFTs, tokens and cryptoassets are concepts that are part of the new generation of the internet, which is based on decentralization, artificial intelligence and the digital economy. These technologies allow the creation of platforms website that connects real estate agents, owners, buyers and service providers related to the sector, without intermediaries or paperwork. In addition, they allow you to store and manage all information and transactions related to the real estate sector in a secure, transparent and automated way, through the use of blockchain technology and smart contracts. Blockchain technology is a distributed registry system that guarantees integrity , immutability and traceability of data. Smart contracts are self-executing programs that are activated when pre-established conditions are met, which facilitates the automation of processes and the reduction of costs and times. NFTs (non-fungible tokens) are a way to digitally represent the ownership of a unique and unrepeatable, like a work of art, a car or a house. NFTs can be transferred quickly and securely through the use of cryptoassets, which are units of digital value that can be exchanged on the blockchain network. These technologies can have a positive impact on the Venezuelan real estate sector, as they can offer advantages such as :Greater transparency and security in real estate operations, by avoiding fraud, falsification and breach of contracts.Greater efficiency and speed in real estate operations, by reducing bureaucratic procedures, intermediation costs and market access barriers. Greater inclusion and democratization in the real estate sector, by allowing access to property to people who do not have resources sufficient or that are located in remote or difficult-to-access areas. Greater innovation and creativity in the real estate sector, by enabling the creation of new business models, products and services, that adapt to the needs and preferences of users. These technologies They also pose new challenges and opportunities for the Venezuelan real estate sector, such as: The need to adapt to the technological and regulatory changes that occur at the national and international level, and to have the support of the competent authorities to guarantee legal security and tax of real estate operations. The need to train and train real estate agents and users in the use and management of these technologies, and to promote digital culture and trust in the sector. The possibility of transforming the definition of what It is a property, by incorporating digital elements that give it added value, such as virtual reality, augmented reality or artificial intelligence. The leading role that the real estate union, led by the Real Estate Chamber of Venezuela, must assume, committing to this natural evolution of the real estate business and its sustainable development. Web3, Blockchain and NFTs are the future of the Venezuelan real estate sector, and represent a unique opportunity to boost its growth, competitiveness and progress.
Wallbit Pay users in #Venezuela will no longer have access to this platform. The #cryptocurrency payment platform Wallbit Pay will close users' accounts in Venezuela due to sanctions imposed by the United States. #crypto2023 #dyor
Wallbit Pay users in #Venezuela will no longer have access to this platform.

The #cryptocurrency payment platform Wallbit Pay will close users' accounts in Venezuela due to sanctions imposed by the United States.

#crypto2023 #dyor
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#Criptomonedas as a means of payment at #Venezuela : Challenges and opportunities Due to the economic conditions of Venezuela, cryptocurrencies have become popular in the country. Although, as a means of payment, they have not been so popular and are only maintained among individuals.
#Criptomonedas as a means of payment at #Venezuela :

Challenges and opportunities

Due to the economic conditions of Venezuela, cryptocurrencies have become popular in the country. Although, as a means of payment, they have not been so popular and are only maintained among individuals.
Venezuela pushes forward with cryptocurrency for oil trade amid renewed US sanctions. Insiders report that the national oil company PDVSA is seeking to dodge these financial barriers by embracing digital currency. #TrendingInvestments #Venezuela #crypto #newsdaily #TipToSupport This shift gains urgency as US Treasury’s May 31 deadline looms, after which oil dealings with Venezuela will require individual US clearances, a measure prompted by the nation’s stalled electoral reforms. Source: Reuters
Venezuela pushes forward with cryptocurrency for oil trade amid renewed US sanctions. Insiders report that the national oil company PDVSA is seeking to dodge these financial barriers by embracing digital currency. #TrendingInvestments #Venezuela #crypto #newsdaily #TipToSupport

This shift gains urgency as US Treasury’s May 31 deadline looms, after which oil dealings with Venezuela will require individual US clearances, a measure prompted by the nation’s stalled electoral reforms.

Source: Reuters
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#Venezuela Banned All #Crypto Mining Activities The Venezuelan National Power Ministry announced plans to disconnect all Bitcoin and crypto mining farms from the national grid.  The Venezuelan national power grid is under a lot of stress due to increasing demands. The government has taken action against high-consumption activities like crypto mining to alleviate pressure on the power grid. The government has banned all crypto mining to regulate the country’s power grid.   #bitcoin #buythedip #altcoins $BTC
#Venezuela Banned All #Crypto Mining Activities

The Venezuelan National Power Ministry announced plans to disconnect all Bitcoin and crypto mining farms from the national grid. 

The Venezuelan national power grid is under a lot of stress due to increasing demands.

The government has taken action against high-consumption activities like crypto mining to alleviate pressure on the power grid.

The government has banned all crypto mining to regulate the country’s power grid.
 
#bitcoin #buythedip #altcoins
$BTC
Peter Brandt Sees Big Bitcoin (BTC) Buy SignalA well-known commodity trader believes that Bitcoin (BTC) is set to hit new highs in August 2025. Peter Brandt, a famous commodity trader, recently announced that he has identified a short-term buying signal for Bitcoin. Peter Brandt’s Bitcoin Buy Signal Amidst Largest Correction Peter Brandt, a well-known commodity trader, recently pointed out a short-term buy signal for Bitcoin, which he refers to as a “foot shot” (Friday) pattern on his X social media account. Source: X Brandt also highlighted that the current market correction is the largest seen during the ongoing bullish cycle that began in December 2022. Last Friday, Bitcoin’s price dropped to as low as $53,917, driven by the combined effects of substantial Mt. Gox repayments and significant government liquidations. This drop represents a 27% correction, notably larger than the 21.9% correction Bitcoin experienced in Q3 2023, when it fell from a local peak of $31,862 to $24,900. Bitcoin’s Price Predictions: Brandt’s Long-Term Outlook Adam Back, co-founder of Blockstream, recently downplayed the significance of Bitcoin’s recent price dip by comparing it to past bull cycles, which also experienced significant corrections. Peter Brandt has previously predicted that Bitcoin could potentially reach as high as $150,000 during this bull cycle. This target aligns with forecasts from Fundstrat’s Tom Lee. However, Brandt believes that such a high price is more likely to be achieved by August 2025 rather than this year. Currently, Bitcoin is trading at $57,478, with bulls having reclaimed some of the lost ground. Brandt’s outlook is based on historical patterns, suggesting that the market may peak in ugust 2025. Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice. #SAB121 #PolyMarket #MtGox #Venezuela #CraigWright $BTC $ETH $SOL

Peter Brandt Sees Big Bitcoin (BTC) Buy Signal

A well-known commodity trader believes that Bitcoin (BTC) is set to hit new highs in August 2025.
Peter Brandt, a famous commodity trader, recently announced that he has identified a short-term buying signal for Bitcoin.

Peter Brandt’s Bitcoin Buy Signal Amidst Largest Correction
Peter Brandt, a well-known commodity trader, recently pointed out a short-term buy signal for Bitcoin, which he refers to as a “foot shot” (Friday) pattern on his X social media account.

Source: X
Brandt also highlighted that the current market correction is the largest seen during the ongoing bullish cycle that began in December 2022.
Last Friday, Bitcoin’s price dropped to as low as $53,917, driven by the combined effects of substantial Mt. Gox repayments and significant government liquidations. This drop represents a 27% correction, notably larger than the 21.9% correction Bitcoin experienced in Q3 2023, when it fell from a local peak of $31,862 to $24,900.
Bitcoin’s Price Predictions: Brandt’s Long-Term Outlook
Adam Back, co-founder of Blockstream, recently downplayed the significance of Bitcoin’s recent price dip by comparing it to past bull cycles, which also experienced significant corrections.
Peter Brandt has previously predicted that Bitcoin could potentially reach as high as $150,000 during this bull cycle. This target aligns with forecasts from Fundstrat’s Tom Lee. However, Brandt believes that such a high price is more likely to be achieved by August 2025 rather than this year.

Currently, Bitcoin is trading at $57,478, with bulls having reclaimed some of the lost ground. Brandt’s outlook is based on historical patterns, suggesting that the market may peak in ugust 2025.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#SAB121 #PolyMarket #MtGox #Venezuela #CraigWright $BTC $ETH $SOL
📱 Access Restrictions on Binance in Venezuela đŸ‡»đŸ‡Ș 🚹 Attention Binance Users in Venezuela! 🚹 Binance, the world’s leading cryptocurrency exchange, is currently facing access restrictions for users in Venezuela when accessing the web platform through CANTV, the country’s primary internet provider. This follows recent actions by the Venezuelan government, including the blocking of the X platform. But don’t worry—your funds are safe and secure with Binance's robust security protocols. While the website may be restricted, the Binance mobile app is working perfectly fine. Venezuelan users are adapting quickly by turning to VPNs to bypass these blocks and stay connected to the platform. Rest assured, Binance is actively monitoring the situation and is committed to resolving the issue as swiftly as possible. Stay informed. Stay connected. Your access to the world of cryptocurrency is just a VPN away! 🌐 #Binancepen_spark #cryptobearish #Venezuela #VPN #SAFU!
📱 Access Restrictions on Binance in Venezuela đŸ‡»đŸ‡Ș

🚹 Attention Binance Users in Venezuela! 🚹

Binance, the world’s leading cryptocurrency exchange, is currently facing access restrictions for users in Venezuela when accessing the web platform through CANTV, the country’s primary internet provider. This follows recent actions by the Venezuelan government, including the blocking of the X platform.

But don’t worry—your funds are safe and secure with Binance's robust security protocols. While the website may be restricted, the Binance mobile app is working perfectly fine. Venezuelan users are adapting quickly by turning to VPNs to bypass these blocks and stay connected to the platform.

Rest assured, Binance is actively monitoring the situation and is committed to resolving the issue as swiftly as possible.

Stay informed. Stay connected. Your access to the world of cryptocurrency is just a VPN away! 🌐

#Binancepen_spark #cryptobearish #Venezuela #VPN #SAFU!
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#NFTS #NFT #Venezuela #Oportunidad #Inmobiliaria NFTs are digital tokens that represent sole ownership of an asset, physical or virtual. The real estate sector can use NFTs to tokenize properties and facilitate their transaction, management and financing. A successful couple will undoubtedly be real estate and NFTs because: They are based on the scarcity and exclusivity of assets, which gives them a differential value. They benefit from the security, transparency and traceability of the blockchain, where NFTs are issued. They take advantage of the advantages of digitalization, such as cost reduction, elimination of intermediaries, market expansion and the creation of new businesses. Some of the practical applications of NFTs in the real estate sector are: Property tokenization, which consists of dividing a property into tokens that represent a fraction of its value and that can be bought and sold on digital platforms. This democratizes access to real estate investment, diversifies risk and increases liquidity. In Venezuela there are investment opportunities, but the banks' refusal to grant mortgage loans is paving the way for the popularization of investments using tokenization. The creation of virtual property markets, where digital properties linked to physical properties can be explored, bought and sold. They are markets that can generate income from advertising, commissions, rentals or sales. The integration of NFTs with virtual and augmented reality allows creating immersive and personalized experiences for potential buyers or tenants. Improving satisfaction, loyalty and conversion. A fertile field in constant innovation and growth. This does not represent investment advice so remember to do extensive research on the market yourself, or go to a financial advisor who provides you with financial services, so as not to compromise your funds. $ETH $MATIC $LINK
#NFTS #NFT #Venezuela #Oportunidad #Inmobiliaria NFTs are digital tokens that represent sole ownership of an asset, physical or virtual. The real estate sector can use NFTs to tokenize properties and facilitate their transaction, management and financing.

A successful couple will undoubtedly be real estate and NFTs because: They are based on the scarcity and exclusivity of assets, which gives them a differential value. They benefit from the security, transparency and traceability of the blockchain, where NFTs are issued.

They take advantage of the advantages of digitalization, such as cost reduction, elimination of intermediaries, market expansion and the creation of new businesses. Some of the practical applications of NFTs in the real estate sector are:

Property tokenization, which consists of dividing a property into tokens that represent a fraction of its value and that can be bought and sold on digital platforms. This democratizes access to real estate investment, diversifies risk and increases liquidity. In Venezuela there are investment opportunities, but the banks' refusal to grant mortgage loans is paving the way for the popularization of investments using tokenization.

The creation of virtual property markets, where digital properties linked to physical properties can be explored, bought and sold. They are markets that can generate income from advertising, commissions, rentals or sales.

The integration of NFTs with virtual and augmented reality allows creating immersive and personalized experiences for potential buyers or tenants. Improving satisfaction, loyalty and conversion.

A fertile field in constant innovation and growth. This does not represent investment advice so remember to do extensive research on the market yourself, or go to a financial advisor who provides you with financial services, so as not to compromise your funds.
$ETH $MATIC $LINK
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