Max Keiser Interview: Bitcoin Will ‘Gobble Up All Fiat’ and Rise Over $100K

Bitcoinist once again caught up with the one and only Max Keiser, Wall Street veteran and host of the Keiser Report. He explains why he isn’t fazed about the Bitcoin price drop, why he pays no attention to ICOs, and why Bitcoin will be around longer than humans.  ‘Bitcoin is the monetary black hole’ Bitcoinist: […]

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Venezuela Traded More Bitcoin Than Ever Before In October

Venezuela set a new Bitcoin trading record last week as the country embraces cryptocurrency more than ever. Venezuela Trades 1075 BTC in 7 Days According to data from monitoring resource Coin Dance, despite continued volatility in the country’s dubious redenominated currency the Sovereign Bolivar, trade volumes for the seven days ending November 3 still beat […]

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Petro… Petro… Get ’em While They’re Hot!

After what seems like an unnecessarily long bout of teasing, we can finally get our hands on all those lovely Venezuelan Petro.  As Bitcoinist reported earlier this month, the Petro has been finally launched by the Venezuela government. Today, the Vice-President of the Economy announced the release on Twitter with this lovely infographic. #Enterate || […]

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As Cryptocurrency Gains Popularity In Israel, Discussions Continue About a ‘Crypto-Shekel’

Top leadership in Israel has long considered launching a state-backed virtual currency. Discussions have only grown as the nation’s cryptocurrency sector continues to blossom. The Bank of Israel, as well as the nation’s Finance Ministry, has been mulling over the idea of a state-sponsored cryptocurrency since Bitcoin’s 00 price high at the tail end of […]

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Venezuela: Record Bitcoin Buying Spree Continues Amid Hyperinflation

Kevin O’Brien · June 21, 2018 · 8:00 pm Hyperinflation is rampant in Venezuela as bitcoin trading volume keeps hitting new records each week. Meanwhile, authorities are scratching their heads on how to rein in the burgeoning, albeit underground industry, including attempts to crackdown on the importation of cryptocurrency mining equipment. Oil Rich But Strapped […]

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South Korean Capital Looks to Launch City-Wide Cryptocurrency S-Coin

Adam James · April 5, 2018 · 1:00 am Following suit with various other cities around the globe, South Korea’s capital city is looking to become one of the largest cities in the world with its own official cryptocurrency. S stands for S-coin South Korea is already one of the cryptocurrency capitals of the world. […]

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Venezuela Sold $5 Billion in Petro Cryptocurrency, Claims President

Adam James · March 12, 2018 · 9:30 am Venezuelan President Nicholas Maduro has claimed the successful launch and sale of Petro — the first ever state-issued cryptocurrency. Petro Cryptocurrency Sale Reportedly Tops $5 Billion Petro is the first cryptocurrency which is purportedly backed by natural resources. According to Venezuelan President Nicholas Maduro, the sale […]

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Venezuela Opens State-Funded Crypto School as Citizens Starve

Adam James · February 26, 2018 · 9:30 pm Days after launching the world’s first ever state-issued cryptocurrency, the government of Venezuela has opened up a cryptocurrency school for its citizens — presumably to educate them on the glory of Petro. Prioritizing Petro According to reports, the government of Venezuela has opened the doors to […]

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