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Argentine Peso Breaks Historic Low Mark as Argentines Hedge Savings in Dollars
29.12.2022
The U.S dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens ran to exchange their holiday payments for dollars. The U.S. dollar reached a value of 356 pesos on December 28, losing almost 10% during just one week,...
Egyptian Currency Plunges 15% After Cairo Accedes to Key IMF Exchange Rate Condition
28.10.2022
After authorities in Egypt announced the adoption of a more flexible exchange rate regime, the pound exchange rate versus the U.S dollar plunged to 23.09:1, a new low for the currency. Cairo’s apparent devaluation of the Egyptian pound met a key condition set by the International Monetary...
Michael Saylor doesn't think Bitcoin is ‘going to be currency in the US ever’
16.7.2021
The MicroStrategy boss thinks Bitcoin is a form of property and points out that the U.S. Government is not threatened by other forms of property
Here Comes Russia’s Largest Crypto mining Farm worth 7.3 Million U.S Dollars by CryptoUniverse
23.5.2019
Equipped with 3000 pieces of mining equipment, spread across 4000 sq. Meters, Russia’s largest crypto mining farm is all set to surprise us. CryptoUniverse is the mind behind this plan. The mining farm has been constructed on the site where previously the “Soviet fertilizer-producing laboratory”...