🤑A Venezuelan pays absurd “tolls” to achieve this. First, they must buy cryptocurrencies on the peer-to-peer market, then top up a third-party wallet (like Zinli or Wally) by paying fees ranging from 2% to 7%, and finally use the card while crossing their fingers so the transaction isn’t rejected for being issued by an unrecognized issuer registered outside Venezuela’s borders (since these fintechs are registered in Panama).
Venezuela’s traditional banking system, like BDV, Bancamiga, or BNC, promises the same. But under conditions that are, if anything, claustrophobic: limited quotas, hurdles for the allocation of foreign currency at the exchange desk, and platforms that aren’t really efficient for making international purchases and payments.
That’s why the Binance card would wipe out this entire gear of friction. And it would do it all at once. This is because, like any other operational cryptocurrency card in the world, it would allow users to spend the balance of USD Tether (USDT) or bitcoin directly in any store—online or in person—without needing to buy virtual dollars from intermediaries, without doing any prior P2P, and best of all, without paying hefty fees🥳🥳🥳🥳
The price of bitcoin (BTC) opens this Monday, July 20, 2026, at around USD 64,000, up 1.69% over the past seven days—a period during which it showed a sideways trading pattern.
But beneath that apparent calm, a series of on-chain and macroeconomic signals points in the same direction: the rebound lacks the fuel needed to sustain a rise.
As will be detailed later, several analysts warn that, without that “gasoline,” the next moves could tilt downward. Others, however, see these levels as an opportunity to accumulate.
It calls the rally driven by the June inflation data (CPI) in the United States “false.”
The firm says leverage on exchanges has reached a historic extreme: it sits in the top 5% of its range, with the borrowed margin far exceeding the spot liquidity available to absorb sell-offs.
* Bitcoin has been trying to regain ground, moving near **$60,000 - $63,000** after a pretty difficult June, which was described as the worst month for the coin in four years (with declines close to 20%). A lot of attention is being paid to spot ETF capital outflows, which has kept pressure on the price.
* **Technical issues:** The **Base** network (a very popular Layer 2) had a couple of major outages in late June due to sequencer failures, although developers are already working on patches and improvements so it doesn’t happen again. * **Updates and regulations:** Zcash is in focus because it’s being debated whether to delay its *Ironwood* upgrade to ensure that all exchanges and wallets are ready. On the other hand, the **IMF** keeps issuing warnings about the risks of tokenization and the lack of global standards, which adds a bit of regulatory "noise" to the environment. * **MicroStrategy:** The company remains a key player, announcing a new capital framework that treats Bitcoin as a flexible financial asset, almost like a fundamental part of its operating treasury.
🔎The Bitcoin (BTC) exchange 📉and cryptocurrency platform Uphold kicked off the formal reactivation of its services in Venezuela today, May 13. The financial platform started notifying its local users about the reopening of its operations, bringing an end to a nearly four-year hiatus. ⚖️The company is informing this comeback through mass emails sent to its database. In these communications, the firm is explicit in confirming that access is now available: "Your Uphold account has been reactivated. You can now log in through the Uphold app to access your account"📈🫣To use it again, customers must undergo a data verification process. The company clarifies that "additional information may be requested upon login, such as updating your ID or completing a brief questionnaire".
The platform states: "if prompted, follow the steps shown in the app to complete this process and maintain full access to your account." This measure aims to comply with international financial security regulations.
NOM/USDT is a cryptocurrency trading pair that allows you to exchange Onomy Protocol (NOM) (a decentralized finance token, DeFi) for Tether (USDT), a stablecoin pegged to the dollar. It is used to speculate on the price of NOM$BTC