Spanish traders have announced “Maricoin,” the new cryptocurrency created by and for the LGTBI + community, will be launched on Christmas Eve in Madrid. The new money will be accepted as of Dec. 31 throughout 25 gay-friendly businesses throughout Spain after the pilot test this coming Friday, Dec. 24.
Bitcoin, the world's most famous cryptocurrency, Wednesday set a new record as it breezed past the US $ 65,000 threshold at 9:43 a.m. Eastern time to ultimately reach the US $ 66,900 about an hour later, it was reported.
Cryptocurrency developers have announced Friday the “Maradólar” is to be launched Oct. 30, when the late footballer Diego Armando Maradona was to have turned 61.
A regulatory decision Friday by The People’s Bank of China (PBOC) has led to a sharp fall in the price of cryptocurrencies such as Bitcoin and Ethereum, which have dropped over 6% and 10% respectively after bouncing back in previous weeks.
Argentine football First Division team Huracán will don jerseys sponsored by a cryptocurrency trader starting this week, it was announced Saturday.
The United Kingdom's Financial Conduct Authority (FCA) has issued a note dated June 25 announcing the suspension of Binance Markets Ltd and warned customers the platform was falling under tighter scrutiny worldwide.
Cryptocurrency investors could breathe again Tuesday after Bitcoin first fell below US $ 30,000 for the first time in five months, but eventually managed to rebound up to over US $ 32,000.
Venezuela's streets were quieter than normal on Tuesday, as a currency devaluation and package of economic measures by populist president Nicolas Maduro went into effect, and the opposition asked storekeepers to shut up shop in protest. Venezuela on Monday cut five zeros from prices and pegged the country’s currency to an obscure state-backed cryptocurrency, as part of a broad set of measures meant to address hyperinflation and an economic crisis.
Big Oil is due for a disruption.
Venezuela’s “Petro” crypto-currency will attract investments from Turkey, Qatar, the U.S., and Europe, the country’s crypto-currency regulator, Carlos Vargas, told reporters. The Petro will be offered for sale this Tuesday, February 20th, and comes as Venezuela is suffering from quadruple-digit inflation and chronic shortages of food and medicine.