📌The FED wraps up its key meeting tomorrow under the shadow of Jerome Powell's replacement by Kevin Warsh.
👀The market is on the lookout for signals about interest rates amid the energy crisis, a verdict that will signal Powell's exit and the volatility of bitcoin.
💵 The price of USDT in Venezuela is over 640 bolívares, climbing 4% in a week. With the scarcity of foreign currency in the banks and the halt in sales at Banco de Venezuela, this stablecoin continues to solidify as the real gauge for the dollar.
🎓 UNESR is launching the first Bachelor's degree in Digital Finance in Venezuela. It will provide training in cryptocurrencies with subjects like risk management and cybersecurity. The aim is to transition from empirical usage to research in a country with high digital adoption.
Venezuela Nears End of Interest Rate Cut Cycle, Interim President Says
Venezuela's interim President, Rodriguez, announced that the country is approaching the end of the interest rate cut cycle that began in 2024. According to Jin10, Rodriguez stated that the upcoming monetary policy decision will consider implementing the final rate cut of this cycle.
Using PayPal in Venezuela to receive payments and exchange them for bolívares is a common practice, but it's loaded with technical and financial frictions. While it's a useful tool for dealing with overseas transactions, there are solid reasons why it's considered "negative" or, at the very least, very inefficient compared to other options. Here's the breakdown of why this trade is so complex: 1. The Cost of Fees (The "Money Drain") PayPal is one of the priciest platforms for receiving funds in the region.
The radar set for 2026, here’s info designed for any Venezuelan
Navigate P2P without the bank—or a scammer—ruining your week. 📄 Page 1: The Security Filter (Anti-Scam) In Venezuela, P2P isn't just an option; it's our **financial oxygen**. But going for the highest rate without checking who you're buying from is like crossing the Francisco Fajardo Highway blindfolded. 🔍 How to choose the ideal trader Don't just look at the price; check the user's 'pedigree': **Completion Rate:** Look for users with over **95%**. If they have 80%, they're likely to waste your time canceling orders.
📈According to the analyst, the next 3 to 6 weeks will be critical: BTC is trading near $76,000 and needs to break above $79,000 to confirm strength, while losing $65,000 could reactivate a bearish scenario.
🇨🇴 Porvenir, Colombia's largest pension fund, launches a portfolio that exposes Bitcoin by channeling resources into BlackRock's IBIT ETF. The instrument allows investments starting from 100,000 pesos ($25).
📉 The price of Bitcoin pulled back from $79,300, triggering massive liquidations of $82 million this Monday.
⚠️ These automatic sell-offs of leveraged positions intensified the bearish pressure, and BTC is trading below $78,000.
🔗 The AAVE token has started trading in the Solana ecosystem following its integration with Sunrise, enabling its use in wallets, DEX, and other applications.
It's important to clarify that this pertains solely to the token and not the Aave lending protocol.
💻 DeFi United is gearing up to restore rsETH after the April hack.
🤑 They’ll be replenishing the ETH backing through new capital injections. Plus, they’ll be liquidating affected positions to stabilize the markets without socializing losses.
⚠️ ZetaChain, a layer-one network that connects other chains without using bridges, fell victim to an exploit in its ‘GatewayZEVM’ contract.
The attack allowed a hacker to drain internal team wallets.
- Bitcoin's price is pulling back to around ~$76.5k, just as we discussed in yesterday's stream. - The drop is fueled by both SPOT and FUTURES. - A significant amount of LONG positions have been liquidated, but SHORTs are coming in strong. - There are no clear and strong supports at 75k or 80k.
IMHO: This seems more like a drop intended for liquidation; the SP500 and Nasdaq have already recovered from the minor dip on Monday, and Bitcoin will likely follow suit over the week. It doesn't seem like an attractive area to enter big LONGs.
🐳 Most folks think that $XRP is dead by 2026. Our Whale-Retail Ratio doesn’t quite agree.
XRP is roughly -42% YTD even with a live spot ETF. The consensus narrative is clear: "it’s done."
Cohort data tells a more nuanced story. The Whale vs Retail Ratio on $XRP has been quietly diverging from the price action - and that’s usually a signal worth respecting, even when you’re not bullish on the asset.
🇿🇦 The National Treasury of South Africa has released a draft of the 2026 Capital Flow Management Regulations, aiming to bring cryptocurrencies (including Bitcoin) under strict exchange controls.
🧑🏻⚖ Requiring residents to declare and, in certain cases, liquidate their holdings to the government.
🇻🇪 Venezuela is rolling out a new currency trading mechanism through the Central Bank (BCV). This system is designed for both retail traders and businesses.
BCV is projecting a period of exchange rate stability and a decline in inflation.
🔹 The Venezuelan economy is moving toward a new phase focused on sustained price stabilization.
🔹 The policies from the central bank aim to bolster confidence and the use of the bolívar for everyday transactions.
🔹 It's expected that curbing the devaluation will lead to a gradual decrease in inflation nationwide.
🐳Whale's Exchange launched a new DEX that allows for atomic swaps between the Lightning Network and the main Bitcoin chain without custody or KYC processes.
⚡️The platform specializes in "reverse swaps," a tech feature that facilitates moving funds from payment channels directly to an on-chain address.
📉 The CEO of Cryptoquant warned that the move of Bitcoin towards $79,000 was primarily driven by the futures market, while actual demand in the spot market remains weak.
⚠️ He asserts that this behavior suggests the price is propped up by speculative positions, increasing the risk of volatility due to potential liquidations.
🏦 There's a split on Wall Street regarding the quantum future.
Goldman Sachs dismantled its quantum computing team concluding that the technology is still far from being useful in finance, while JPMorgan maintains a team of over 50 specialists actively investing in quantum applications and cryptography.🗞
⚠️ Litecoin just went through a 13-block reorg, wiping out 32 minutes of history after an exploit in its privacy layer (MWEB) and a coordinated DoS attack.
👀 Records show that devs might have patched the bug in secret weeks prior without alerting the miners. This left an open window that the attacker exploited to compromise nodes. The network is stable now.
Market Analysis: Total Dollarization, Oil, and Institutional Reconstruction in Venezuela
What's crucial isn't whether the bolívar can still exist on paper, but if it still serves real monetary functions. In practice, it has lost much of its utility as a unit of account, a relevant medium of exchange, and a store of value, while the dollar dominates price formation, savings, and a substantial part of benchmark transactions.
Total dollarization in Venezuela is technically feasible, but it's not a quick fix; it requires a politically legitimate transition, a stabilization program with multilateral support, a redefinition of monetary institutional frameworks, and disciplined use of oil revenue.
This analysis is framed ceteris paribus, meaning it does not incorporate assumptions of a future comprehensive privatization of the oil business or the dissolution of PDVSA; these hypotheses may alter the long-term outlook but are not necessary to assess the initial feasibility of an orderly dollarization.
What's crucial isn't whether the bolívar can still exist on paper, but if it still serves real monetary functions. In practice, it has lost much of its utility as a unit of account, a relevant medium of exchange, and a store of value, while the dollar dominates price formation, savings, and a substantial part of benchmark transactions.
Venezuela's GDP in current dollars is estimated to be around $120 billion according to recent estimates derived from the World Bank's base (the 'real' numbers place it somewhere between $90 billion and $110 billion), still far from its historical scale before the collapse.
🎯The last two weeks with Bitcoin have shown a clear pattern: Bitcoin pumps hard -> People FOMO into long positions too late -> It ranges or makes a slight retracement.
Open Interest is increasing overall due to the "cycle shorts" narrative.
It's likely that Bitcoin will target the 80s next week.