An advertisement for bitcoin and cryptocurrencies. Photo: Reuters Cryptocurrencies were broadly higher on Friday morning, ending a volatile week on a high note, as Venezuela’s government-backed digital currency kicks into gear and the US Federal Reserve chair said he has no intentions of banning crypto. Bitcoin (BTC-USD) was up roughly 3% to trade at $44,537 (£33,108) while Ethereum (ETH-USD) the world’s second largest crypto by market cap was up 2.3% to trade at $3,074. Venezuela had… Source link
Read More »U.S. monitoring Iranian warships that may be headed to Venezuela
The U.S. national security community is monitoring two Iranian naval vessels whose ultimate destination may be Venezuela, according to three people familiar with the situation, in what would be a provocative move at a tense moment in U.S.-Iran relations. An Iranian frigate and the Makran, a former oil tanker that was converted to a floating forward staging base, have been heading south along the east coast of Africa, said the people, who spoke on condition of anonymity to discuss a sensitive… Source link
Read More »Venezuela holds National Assembly poll amid opposition boycott
Turnout is predicted to be low as opposition supporters are urged to stay at home Votes are being counted in Venezuela’s legislative elections, which are set to hand socialist President Nicolás Maduro control of the only official body still controlled by the opposition. Most opposition parties are boycotting the polls for the National Assembly. The boycott is being led by opposition leader Juan Guaidó who has been in a two-year power struggle with Mr Maduro. The US and more than 50 other… Source link
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