Wunderbit Weekly Cryptonews 3.2.2019
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.
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.
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.