2021-11-11 16:30 |
The latest bout of volatility liquidated over $700 million and reset the funding rate, sending them into negative. Meanwhile, USD has surged to a 16-month high after inflation rose to its highest annual rate in 30 years. origin »
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The US Bureau of Labor Statistics released October’s Consumer Price Index data today. The annual inflation rate increased to 2. 6% from the previous 2. 4%, aligning with forecasts. Month-over-month, the inflation rate remained steady at 0.
2024-11-13 16:34 | |
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A Stable Currency Would Retain Its Purchasing Power Over Time Most of the world’s fiat currencies have a high rate of inflation, which causes consumers’ purchasing power to decrease. To prevent their savings from depreciation due to increasing prices, people must find better investments with today’s record-setting inflation rate.
2023-1-2 17:28 | |
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The increasing inflation in the US continues to push serious concerns. According to the latest data, the Consumer Price Index (CPI) has reached the level of 7. 5% per year, indicating the highest inflation rate since February 1982.
2022-2-13 22:40 | |
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According to an online poll result released on June 1, 2019, statistics show that EOS account holders have voted in favor of a massive slash in the annual inflation rate, from five to one percent. The poll comes as a result of the excess inflation rate accumulated over time on the platform’s account.
2019-6-4 15:00 | |
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Coin holders voted on whether to reduce the EOS inflation rate from 5% to 1% per year
2019-6-3 07:02 | |
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The DCR has enjoyed a strong start to 2019, with price increases of close to 80% since the year began. Fundamental buying pressure has been driven by the impressive passive incomes offered when staking on the network and active stakeholder backed onchain-voted development decisions run through the Politeia platform.
2019-5-31 23:00 | |
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The cataclysmic political situation in Venezuela is driving cryptocurrency adoption as a fast-rising inflation rate devastates the economy. It is currently projected to reach 10 million by the end of… The post Venezuelans Prefer BTC over Petro as Inflation Reaches Alarming Levels appeared first on CoinCentral.
2019-5-28 20:07 | |
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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.
2019-5-23 23:00 | |
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Could Bitcoin Help Venezuela Crisis? According to the International Organization for Migration, a long period of serious political instability and economic crisis has caused the largest Latin American emigration seen in recent times from Venezuela.
2019-5-20 19:01 | |
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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.
2019-5-9 10:33 | |
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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 […]
2019-5-7 21:39 | |
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EOS is considering dropping its current 5 percent inflation rate all the way down to 1 percent in order to avoid unnecessary funds being accumulated in the network’s savings account. EOS holders are currently participating in an official poll to decide on the matter, with all participants voting in favor of the drop.
2019-5-7 23:15 | |
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Recently a proposal seeking to change the EOS annual rate of inflation from 5 percent to 1 percent has been made in March. Till now, 17,646,682 EOS have voted and every single one of them has been a “Yes”.
2019-5-6 18:06 | |
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The EOS community is pressing for the cryptocurrency’s annual inflation rate to be reduced. Right now, EOS experiences a yearly inflation rate of 5%, which could rapidly devalue the token.
2019-5-6 17:42 | |
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By CCN: If you think the Dow Jones Industrial Average has had a good run, you haven’t seen anything yet. President Trump wants to see interest rates slashed by 1%, which has the potential to unleash further gains in an already historic bull market for stocks.
2019-5-1 23:29 | |
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Decred Digital Asset Report: Introduction Decred is a payment coin that was developed as an alternative to Bitcoin. It developed several essential features such as governance, high security, adaptability, and a well-established self-funding system, which increases its longevity.
2019-4-27 21:42 | |
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Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.
2019-4-23 17:42 | |
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The clock is ticking as the block reward halving event comes closer and closer with each passing day. Currently, there are 399 days left for this historic event that is scheduled for May 24, 2020. This event will cut down the block reward in half from 12.5 BTC to 6.25 BTC. Unlike our current fiat […]
2019-4-20 22:07 | |
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The inflation rate in Brazil, the world’s ninth largest economy, spiked to its highest level in four years, driving more people to Bitcoin, as indicated by the recent rise in Bitcoin trading volumes.
2019-4-20 21:00 | |
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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.
2019-4-18 01:00 | |
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AhrvoDEEX is a peer-to-peer decentralized equity exchange that enables profitable trading by using multifactor ranking systems and deep learning algorithms that create smart equity scores and price targets to streamline the decision-making process.
2019-3-28 21:33 | |
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Our Organization Levblockchain LVE, will help many new, young, passionate people who are trying to work on new technology projects, blockchain projects and products. Many of Greek Developers abandoning because of the country’s educational erroneous infrastructure and frozen economic growth.
2019-3-25 22:16 | |
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In the most recent issue of the BitMEX newsletter, CEO Arthur Hayes predicts that the $10,000 Bitcoin will return this year. Hayes ties federal reserve inflation rates to the last bull run in Bitcoin, and thinks the Fed’s recent decision to halt interest rate hikes will predicate the next one.
2019-3-23 20:30 | |
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V SYSTEMS is a native blockchain database and decentralized app platform that aims to create a brand new digital economy era. The project is led by chief architect, Sunny King, the legendary blockchain developer and creator of Proof of Stake (PoS), who initiated the first PoS project with Peercoin and was also the creator of Primecoin.
2019-3-6 16:04 | |
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The Argentinean crypto market is growing. Learn how the country’s 47 percent inflation rate is triggering the population's preference for crypto. The post The Argentinean Crypto Market Defies Crypto Winter appeared first on CoinCentral.
2019-3-4 03:29 | |
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The 10-year Treasury note yield of the United States has continuously dropped in a three-month span since November of last year for the first time since 2015, which may be seen as an indicator of uncertainty in the U.
2019-2-5 01:11 | |
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The 10-year Treasury note yield of the United States has continuously dropped in a three-month span since November of last year for the first time since 2015, which may be seen as an indicator of uncertainty in the U.
2019-2-5 01:11 | |
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Next Block Halving To Drop Bitcoin Inflation Under Central Banks’ Target Although the broader crypto market has undoubtedly struggled in the past 24 hours, two months, and year without a doubt, with prices continually establishing lower lows, hype regarding the impending shift in the issuance rate of Bitcoin (BTC) has remained at all-time highs.
2019-1-29 07:30 | |
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Zcash mining is more lucrative than bitcoin mining. Its hash rate has grown by over 400 percent within the past 12 months. The post Zcash Mining More Profitable Than Bitcoin & Ethereum, Faces Inflation Problems appeared first on CoinCentral.
2019-1-29 23:46 | |
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Bitcoin Shaping Up To Be Digital Gold Alistair Milne, the chief investment officer at Digital Currency Fund, recently commented on why he’s “still bullish” on Bitcoin (BTC) in a Twitter thread. Investors are now very aware that Bitcoin is like trading Gold with 100x leverage and, next year, Bitcoin's inflation/production rate will actually be *lower* than […] The post Gold-Like Bitcoin (BTC) May Eventually Surpass ATH, Says Crypto Entrepreneur appeared first on Ethereum World News.
2019-1-20 22:30 | |
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Dr. Doom might not be a fan, but some economists are coming around to the blockchain’s potential for cross-borders trades. Dr. Steve Hanke, a leading scholar in currency economics and hyperinflation, is spearheading an initiative to raise funds to benefit the people of Venezuela, which is now suffering from an annual inflation rate of over […] The post Leading Economist Touts Crypto To Relieve Hyperinflation appeared first on Crypto Briefing.
2019-1-15 01:12 | |
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Zcash has been experiencing a 0.11% daily inflation rate recently. The market is trading within a range bound between… The post Zcash Price Analysis: Can the Buyers Push ZEC Above $65 to Break Above the Current Established Trading Range? appeared first on Invest In Blockchain.
2019-1-9 12:42 | |
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Zcash, a prominent privacy coin, has announced plans to reduce its rapid inflation rate. Currently, the coin is experiencing inflation at a rate of 0.1% per day. This may not sound like much, but the rate compounds dramatically over the course of a year, and in absolute terms, the network is issuing miners $400,000 worth… The post Zcash Plans To Reduce Inflation With Harmony Mining appeared first on UNHASHED.
2019-1-7 19:26 | |
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Having met the U. S. Securities and Exchange Commission (SEC) in August 2018, officials of VanEck, SolidX and Cboe BZX Exchange have met with the Commission again, in the latest attempt to convince the regulator to approve the nation's first bitcoin exchange-traded fund (ETF), according to an official presentation submitted to the SEC.
2018-12-1 01:17 | |
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Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina.
2018-11-15 17:45 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.
2018-10-10 22:30 | |
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It’s no secret that DApps have struggled to achieve adoption; in fact, according to stateofthedapps. com, the most popular DApp currently has just 1,811 daily active users (DAUs).
2018-9-27 20:05 | |
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Nouriel Roubini, a well-recognized economist and a professor at Stern School, believes a financial crash worse than the 2008 recession will hit US markets by 2020. On Project Syndicate, Roubini outlined 10 major factors that will fuel the next financial crisis, with one of the main factors being the rising inflation rate dictated by the […] The post Economist: 2020 Will be Worse Than 2008 Recession appeared first on CryptoSlate.
2018-9-17 14:24 | |
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A professor of applied economics says Turky’s inflation rate has risen by an incredible 100% this year, up 29% this month. Steve Hanke of Johns Hopkins University, who served for a... The post Turkish Inflation Rose 100% Says Professor appeared first on Trustnodes.
2018-9-12 19:45 | |
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Sometimes, the only thing that drives progress is a kick… in the bottom. That’s why economic crises have been a most effective factor for encouraging cryptocurrency adoption. First Venezuela, then Iran, and now the Philippines may follow suit.
2018-9-11 04:00 | |
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Last year, the inflation rate of ether, the native cryptocurrency of Ethereum (ETH), was around 17 percent. By 2022, it is expected to drop to near zero as the inflation rate continues to decline.
2018-9-6 02:00 | |
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Nicols been Maduro’s plan to pull Venezuela out of financial turmoil. Last month, its highest ever inflation rate was recorded, with prices for goods and services rising by at least 82,766 percent.
2018-8-28 13:15 | |
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As the Bank of Japan tries in futile to reach their goal of a 2% inflation rate through monetary stimulus, new methods for lifting the economic constraints caused by deflation are being discussed.
2018-8-6 10:26 | |
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Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.
2018-7-21 23:03 | |
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Happy Friday the 13th!! If you live and work in the United States and didn’t get a raise of 2. 9% this year, you’re actually making less than you did last year. The CPI data released yesterday showed a rather nasty increase bringing the rate of inflation to just under 3%.
2018-7-14 12:00 | |
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know I was thinking about it though Dave because we’re looking at the news with Venezuela it’s so sad. I don’t think people really understand the tragedy of hyperinflation but the tragedy means that you know some people literally don’t eat.
2018-7-6 07:34 | |
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Several Iranians exclusively told CoinDesk they are having trouble accessing crypto exchanges like Binance, Blockchain and LocalBitcoins, even with virtual private networks (VPNs) and other workarounds that were already commonplace because of international sanctions.
2018-7-4 09:51 | |
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For those who think bitcoin’s value is performing poorly, then they may have not heard the news about Iran’s currency, the rial. The rial is faring a lot worse and is expected to lose at least 57 percent of its value by the end of 2018.
2018-6-30 18:55 | |
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Bitcoin and Ether continue to struggle as they trade around $48k and $3,800 respectively on Friday. The leading cryptocurrency is now testing a key technical level that has been acting as a floor for Bitcoin over the past two years.
Just before the end of the year, the crypto market continues to take a beating. After the initial green start of the last week of 2021, prices have only been going down. This rout further extended to late Wednesday and early Thursday when Bitcoin price dipped further just under $45,900 and Ether to about $3,585.
The market is struggling to turn bullish as price takes a dip ahead of massive year-end options expiry on Friday, with the “max pain” point at $48k. The post Bitcoin Now Awaits The ‘First Week of the Year Effect’ After Lack of ‘Santa Claus’ Rally first appeared on BitcoinExchangeGuide.
Meanwhile, Mexico's third-richest billionaire continues to encourage his followers to invest in bitcoin and avoid fiat while the vice chairman of Alibaba Group announces, “I like crypto.” The post Short-term Holders’ Bitcoin Stake Drops as Price Falls Below k; Stock Market Rallies to New Highs first appeared on BitcoinExchangeGuide.
To mark the beginning of the last week of 2021, the crypto market is enjoying the greens. After the quiet weekend, on Monday, the total crypto market capitalization has risen 2. 8% to $2. 55 trillion.
The crypto market is green again going into the weekend. Bitcoin rose to $51,500 on Friday in the Asia trading session during the winter festival season with thin liquidity. While sentiments are turning, Bitcoin hasn’t got out of its range yet and is still down 25.
“There's a lot of fear when there's something new,” said Girls Who Code founder Reshma Saujani, who sees a “huge opportunity with crypto and NFTs.” The post Bitcoin Aims for k Ahead of Low-Liquidity Holiday Season as Girls Who Code Refuse to “Miss Out” on Crypto first appeared on BitcoinExchangeGuide.