If you look at the latest activity on Localbitcoins, there has been a large spike in recent days from both Argentina and Venezuela buying bitcoins. Both these troubled Latin American countries have displayed a steady increase in buying cryptocurrency due to rising inflation and troubled economies. But is the sudden uptick evidence of the two countries buying the dip? What’s Happening in Venezuela? Looking at the charts, one of the first things you notice isRead MoreThe post Venezuela and Argentina Are Buying the Dip, New Data Shows appeared first on Bitcoinist.com.
