Prices in Dollars Rose Almost 54% in Venezuela During 2022 – Emerging Markets Bitcoin News

Prices 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 in Dollars in Venezuela Inflation has taken another leg up in Venezuela, with prices of products and services being marked up even when denominated in dollars. Asdrubal Oliveros, economist, and partner at Ecoanalitica, a market…

New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases – Markets and Prices Bitcoin News

The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additionally, the top five NFT-issuing blockchains saw increases over the last week. Bored Ape NFT Collection Leads the Way with $19 Million in Sales, 52.82% Increase from Previous Week According to NFT sales statistics, the first week of the new year saw a 26.01% increase compared to the last week of 2022. Cryptoslam.io metrics show that there were 1.2 million…

ETH Lower, as Markets Await Nonfarm Payrolls Report – Market Updates Bitcoin News

Ethereum was marginally lower on Dec. 6, as markets prepared for this afternoon’s nonfarm payrolls report. December’s report is set to show an addition of 200,000 jobs to the U.S. economy, which would be down from November’s figure of 263,000. Bitcoin was also slightly down ahead of the release. Bitcoin Bitcoin (BTC) continued to hover slightly under the $17,000 level on Friday, as markets consolidated ahead of the latest U.S. nonfarm payrolls (NFP). Today’s report is expected to show an addition of 200,000 jobs to the economy, lower than the…

Mango Markets exploiter Avraham Eisenberg ordered into detention pending trial

In a new update to the Mango Markets exploit saga, the United States District Court for the District of Puerto Rico has issued an order of detention to the infamous Mango Markets exploiter Avraham Eisenberg. After holding a detention hearing, United States Magistrate Judge Bruce McGiverin decided that it was necessary to detain Eisenberg for several reasons. According to court documents, there is no condition or combination of conditions of Eisenberg’s release that will reasonably assure his appearance as required. In addition to this, the court also specified other reasons.…