Wunderbit Weekly Cryptonews 3.2.2019

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Bitcoin news

Bitcoin’s market dominance leads to price stabilization

According to CoinMarketCap, Bitcoin is experiencing a period of historically-low price volatility.

Bitcoin’s value against the dollar has shifted by only 1% over a period of 7 days.

Analysts attribute this price stability to BTC’s increasing crypto market dominance.

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Venezuela to start selling oil for cryptocurrency

Venezuelan president Nicolás Maduro announced plans to sell oil for crypto.

As much as 15% of the nation’s oil is to be purchasable via the Petro cryptocurrency.

Introduced in 2018, the Venezuelan Petro is the only national cryptocurrency in the world.

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Google blocks Ethereum ads from its AdSense platform

Google’s AdSense platform has stopped showing all ads containing the keyword “ethereum”.

According to Decenter, the block came into effect service-wide on January 9.

Ads for other cryptocurrencies, such as Bitcoin and EOS, have not been affected.