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Argentines Turn to Crypto to Escape Worsening Economic Situation

Argentina’s high inflation rate, a collapsing peso, and worsening economic crisis have caused citizens to seek refuge in bitcoin and other cryptocurrency assets.  Argentina Citizens Purchase Crypto to Safeguard Assets Argentina has suffered a recession since 2018, with the advent of the coronavirus pandemic further dealing a heavy blow to the country’s economic situation. Also,Read More дальше »

2021-5-6 23:00


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Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency

Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and Currency […] дальше »

2021-4-23 13:30


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Recent Comments From Fed’s Kashkari On Inflation Could Trigger Massive Bitcoin Buys

President of the Federal Reserve Bank of Minneapolis Neel Kashkari has said that a 4% inflation rate would not cause him any form of panic. In an interview sponsored by the Economic Club of New York, Kashkari told American macroeconomist and Harvard professor Gregory Mankiw that his concerns would majorly depend on “why” inflation had […] дальше »

2021-4-13 00:11


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These African Countries Are Most Bullish For Bitcoin In 2021

African countries cannot be ignored in any conversation centered around cryptocurrency adoption. Because many African countries suffer from a staggering economy, the heat of inflation is never too far away, hence the increasing rate at which business owners and investors in the continent are turning to digital currencies for a change. Bitcoin adoption is imploding […] дальше »

2021-1-23 16:13


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Grayscale Director: Smart Money is Flooding into Crypto at Remarkable Rate

The widespread money printing that has come about as a result of the Coronavirus pandemic will eventually lead to massive inflation rates for fiat currencies Although the crypto market’s participants have long seen digital currencies as a way to escape the impacts of this, it now appears that “smart money” is taking notice as well The managing director for Grayscale Investments is now noting that his company’s regulated crypto funds are seeing unprecedented inflows Bitcoin […] дальше »

2020-5-21 21:00


Maximum Issuance Of Ethereum to Drop 50% After the ETH 2.0 Launch: Vitalik Buterin

Ethereum's varying inflation rates due to Minimum Necessary Issuance (MNI), raising questions from the community as ETH 2. 0 Phase 0 heads into launch. The second-largest blockchain employs a different rewarding structure from Bitcoin’s fixed supply rate; determining the minimum issuance rate as its difficulty bomb adjusts. дальше »

2020-5-5 17:26


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Beam, BCH, BTC, Zcash to Halve Inflation Next Year

There’s been a lot of noise about Bitcoin’s halving, set to occur in May, and the effect this will have on price as BTC’s mining reward is slashed. It’s not the only PoW coin gearing up for a major reduction in its emission rate next year, with Bitcoin Cash, Beam, and Zcash all set to […] The post Beam, BCH, BTC, Zcash to Halve Inflation Next Year appeared first on Bitcoin News. дальше »

2019-12-9 21:35


Dow Buckles Under Weak Inflation, Hastening Fed Rate Cut Band-Aid

  By CCN Markets: The Dow and broader U. S. stock market headed for a soft landing Wednesday after another batch of disappointing inflation figures pointed to a slowing domestic economy. Dow, S&P 500 Slide for Second Consecutive Day All of Wall Street’s major indexes swung lower on Wednesday, continuing a disappointing end to the previous session and mirroring a slow morning for Dow futures. дальше »

2019-6-13 22:19