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Prices in Dollars Rose Almost 54% in Venezuela During 2022

Prices in Dollars Rose Almost 54% in Venezuela During 2022Prices in Venezuela have been rising steadily even when denominated in foreign currency. According to data collected by Ecoanalitica, a market research firm, prices marked in dollars have grown close to 54% during 2022, affecting the income and savings of Venezuelans that have been using the U.S. dollar as an inflation hedge. Prices Grow Even […]

Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem

Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the ProblemThe Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government has to make, and the lack of liquidity of the government to intervene in the currency market are part of the equation leading to this, […]

Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury