Venezuela's oil boom is fueling the interest of investors like Fred Ehrsam, co-founder of the cryptocurrency trading platform Coinbase.
The executive recently stated that this opening represents an "exceptional opportunity" and, according to Bloomberg, he seeks to become a major oil producer in…
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oil sector
Bitcoin trades above $80,000
The week begins with good news for the cryptocurrency sector, considering the recovery of Bitcoin's price, which opened the week at $80,000.
Several factors are driving this increase in the cryptocurrency's value. Analysts point to the…
UNDP forecasts 5.8 % economic growth for the Venezuelan economy
According to forecasts from the United Nations Development Programme (UNDP) office in Venezuela, the South American country's economy could grow by 5.8 %. Of that total, the oil sector is expected to grow by 13 % and non-oil activity by 3.4…