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Iran to Cut 4 Zeros From Its Currency Amid Chronic Inflation and US Sanctions
7.5.2020
Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will also be replaced. Economists are skeptical about how the changes will affect...
Iran Ditches the Rial Amid Hyperinflation as LocalBitcoins Seem to Trade Near $35K
4.5.2020
Iran’s parliament votes to institute a new currency as coronavirus and sanctions hyperinflate the rial and local Bitcoin prices skyrocket relative to official exchanges
First Mover: For Bitcoin Prices, Inflation Headlines May Matter More Than the Reality
29.4.2020
Money printer goes brrr, but does it necessarily mean big inflation?
The Greatest Wealth Transfer: Economists Predict the Emergence of New Bitcoin Millionaires, BTC Capturing 3% of Gold Market
27.4.2020
The global economy has been feeling the hardships from the mandated lockdowns various nation states have implemented during the last month and a half. Oil prices have dropped below zero for the first time in history, and economic powerhouses like the U.S. are starting to show cracks in the system....
BTC Annual Inflation Rate Almost 50% of World Average After Halving
27.4.2020
Once its inflation rate drops below half the global average following the halving, BTC might look like more of a hedge against inflation
Bank Of China Says Digital Yuan Will Not Cause Inflation
20.4.2020
Bank of China officially replies to the public about the digital Yuan and says it will not cause inflation
First Mover: Gold Is Crushing Bitcoin, But Inflation May Bring the Cryptocurrency a Boost
15.4.2020
Coin Metrics says bitcoin's correlation with gold has increased in recent weeks
How COVID-19 Is Reshaping the Crypto Industry: Cointelegraph Documentary
11.4.2020
How did crypto businesses react to the outbreak of COVID-19 and the nationwide lockdowns? We asked industry leaders in our latest documentary
First Mover: As Fed Assets Top $6T, BitMEX Has Some Inflation-Busting Advice
10.4.2020
The Federal Reserve has opened its lender-of-last-resort spigot and, with unemployment spiking, inflation is on the way. What are your options?
Anthony Pompliano Discloses His Investment Strategy in Times of Crisis
9.4.2020
Check out our exclusive interview with Anthony Pompliano on the best way to preserve wealth in the aftermath of the COVID-19 outbreak!
Bitcoin Garners New Users as Governments Flood World With Fiat
9.4.2020
Thousands of new users are turning to bitcoin, according to Kraken and other exchanges, over fears that government stimulus will lead to inflation
First Mover: A Sneak Preview of Bitcoin’s Halving — in Real Time
8.4.2020
As central banks around the world inject trillions into the global economy, investors are looking at bitcoin and its "halving" as a hedge against inflation
Sweden’s ‘Lagom’ Response to Coronavirus: No Masks, Keep The Economy Going With a “No Limit” Printing Press
7.4.2020
The Coronavirus in Sweden has so far claimed 611 deaths, with 7849 confirmed cases. Swedish people still send their kids to school and are not hoarding much of anything compared to countries like the US. But just like in most of the world many businesses are hit hard, and the country's central bank...
The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days
4.4.2020
The Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop...
Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears
30.3.2020
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds...
No Evidence of Crypto-Related Charge in Maduro Drug Cases
27.3.2020
Charges against Maduro and other Venezuelan heads don’t involve crypto directly, three different lawyers say
Zimbabwe U-Turns on Crypto, Looking to Stabilize Local Economy
22.3.2020
Zimbabwe’s central bank is working with crypto and fintech companies to leverage the country’s emerging digital economy amid crippling hyperinflation and currency instability
U.S. Government Extends Daily Trillion Dollar Repo, Again Dwarfing Crypto Market Cap
20.3.2020
The U.S. Fed has extended its trillion-dollar injection efforts through March — a giant sum compared to all the money invested in crypto
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
BitMEX Report: Issuance of CBDCs May Lead to Inflation
18.3.2020
BitMEX Research suggests that the issuance of the CBDC will lead to inflation as the last lever on the banks’ ability to create money will be lifted