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Cryptos Act as Hope in a Hyperinflation-Striken Venezuela

Venezuela’s inflation rate is expected to hit ten million percent in 2019. In this time, Venezuelans are struggling to afford two square meals a day. Online news outlet City News 1130 shared how nonprofit organizations are sending direct relief to people in Venezuela in cryptocurrencies and helping them escape the severe financial crisis. дальше »

2019-5-23 23:00


Argentina: Bitcoin Bought at $20K Retained More Value Than the Peso

Bitcoin has proven to be a store-of-value in Argentina where you would have been better off buying BTC at its peak rather than hold the peso. Argentina Ensnared Political and Economy Turmoil The Argentinian economy continues to shrink, afflicted by stubbornly high inflation, which President Mauricio Macri, who is running for re-election, has been unable to rein in. дальше »

2019-5-21 03:00


As Trump Threatens the ‘End of Iran’ Its People Flock to Bitcoin

Thanks to Trump, Iran is between a rock and a hard place. As US sanctions squeeze the country tighter, inflation rises, and war drums echo in the distance, its people are flocking to Bitcoin. Storm Clouds Are Gathering Over Iran Powered by an erratic, unpredictable man egged on by extremist advisors, this US administration is playing a dangerous game. дальше »

2019-5-20 16:00


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EOS votes to burn $167 million in tokens in preparation for drastically reducing inflation

Over 34 million EOS worth $167 million was permanently removed from circulation. The move is part of an initiative to drastically lower the inflation rate on the protocol from 5 to 1 percent. On July 31, 2018, 15 or more of EOS’s 21 block producers passed an initiative to burn $167 million EOS sitting idle […] The post EOS votes to burn $167 million in tokens in preparation for drastically reducing inflation appeared first on CryptoSlate. дальше »

2019-5-9 10:33


EOS Authority Proposal Opts To Modify The Annual Inflation Rate, Dropping It From 5% To 1%

EOS Network To Reduce Inflation Rate From  5 % To 1% EOS, a blockchain-based, decentralized system that enables the development and hosting of decentralized applications (dApps), is considering reducing its present inflation rate from 5% down to 1%, to reduce the accumulation of unnecessary tokens in the protocol’s savings account. EOS authority, that deals professionally […] дальше »

2019-5-7 21:39


Fundstrat’s Tom Lee: Devaluation of Fiat Currencies Causing Bitcoin On-Chain Volume to Take Off

We have already seen how the fiat currencies around the world, be it Argentina’s peso, Venezuelan Bolivar or Turkish Lira, are failing as a currency. Countries all over the world are being run over by rising inflation and dropping value of their money, along with slowing economy and political unrest. It isn’t surprising South America […] дальше »

2019-4-28 20:40


Bitcoin (BTC) Skyrocketing Against Argentine Peso as Top Cryptocurrency’s Inflation Model Prevails

Bitcoin continues to leave fiat currencies behind in the dust. Record-high inflation, a weakening currency, and slowing growth are beating Argentina like many other countries. This is where a peer-to-peer network of Bitcoin presents an alternative that is in limited supply and is deflationary. дальше »

2019-4-26 19:09


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Argentina Central Bank’s Inability to Stop Inflation is Forcing People to Bitcoin

As Argentina’s inflation rate skyrockets to its highest level since 1992, people are increasingly turning to Bitcoin as an alternative. Inflation in Argentina Surpasses 54 Percent Argentina’s central bank already tightened monetary policy three times in the last month, and inflation is still accelerating at a rate of nearly 55 percent. дальше »

2019-4-18 01:00


USDT premium was caused by USD inflow and not Tether Inflation, claims Chinese Bitcoin Billionaire

Bitcoin [BTC] recently led a significant bull run which pumped up the price by 15% in valuation. After the hike, the price of USDT was over 7 yuan on over-the-counter platforms, which meant crypto traders based out of China had to pay an additional 3 percent to 5 percent for Tether [USDT] to avoid a […] The post USDT premium was caused by USD inflow and not Tether Inflation, claims Chinese Bitcoin Billionaire appeared first on AMBCrypto. дальше »

2019-4-16 04:30


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Not April Fools: Why the US Dollar Will ‘Print’ Bitcoin to $100 Trillion

Sky’s the limit for Bitcoin, whose market capitalization could reach $100 trillion when looking at the historic trends of the US dollar and the world’s most popular cryptocurrency side by side. Dollar’s Inflation is a Feature April Fools Day aside, the only predictable thing about the US Dollar is that its purchasing power will continue to drop. дальше »

2019-4-2 03:00


Watch Out: These Top Two Altcoins Are Headed For A Bullish Price Breakout

The cryptocurrency market is in its usual state of uptrends and downtrends. These turnouts progress to affect the structure of the market as regards coins and tokens. As with every other week, every cryptocurrency undergoes the process of inflation and deflation which later results in a significant decline or a breakout in trading price. дальше »

2019-3-30 20:08