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Macro factors could bring Bitcoin to $1 trillion market cap, strategic investor say
12.11.2020
Strategic investor Lyn Alden says 2020 macroeconomic environment is extremely favourable to Bitcoin
Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances Platform
2.11.2020
Venezuela says it will incorporate bitcoin and litecoin wallets to its Patria’s Cryptocurrency Remittance Platform. In an update, authorities in the country say this move will enable Venezuelan citizens to formally receive remittances in cryptocurrency form. Many citizens of hyperinflation...
'Hyperinflation' DeFi coins hit the hardest in crash: Report
28.10.2020
A large number of DeFi governance tokens are still way down from their peaks as farmers take profits
$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation
5.10.2020
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S. central bank submits the daily loan tally, but the Fed will not provide the public with...
Venezuela’s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index
31.8.2020
Venezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached...
Hyperinflation and Currency Collapse Fears After Zambian President Fires Central Bank Governor
26.8.2020
Zambian President Edgar Lungu fired the country’s central bank governor Denny Kalyalya last week sparking fears that government wants to end the institution’s independence. Kaylalya was immediately replaced by Christopher Mvunga who reportedly has close ties to the President. The abrupt...
BlockTower’s CIO Predicts Hyperinflation Could Send Bitcoin Parabolic
3.8.2020
Ari Paul, CIO at BlockTower Capital crypto hedge fund, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by central banks’ monetary policies
Hyperinflation Hits Lebanon: Food Prices Soar 200%, Biggest Crisis Since Civil War
27.7.2020
Lebanon has entered hyperinflation, the first country in the Middle East and North Africa to do so. With a 462% annual inflation rate and food prices rising by almost 200% this month, Lebanon has joined Venezuela in hyperinflating. Meanwhile, the Lebanese pound has lost 82% of its value this year....
Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile
12.7.2020
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe...
Zimbabwe Halts Mobile Transactions as Hyperinflation Spurs Currency Flight
30.6.2020
Zimbabwe's central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by "mobile money agents" this week
Bitcoin News Roundup for June 30, 2020
30.6.2020
As Zimbabwe embarks on its fifth bout of hyperinflation in modern history, CoinDesk's Markets Daily is back with another bitcoin news roundup
How Monopolies Sow the Seeds of Their Own Destruction, Feat. Tuur Demeester
26.6.2020
The managing partner of Adamant Capital joins for a conversation about what the Protestant Reformation and the French Revolution can teach us about bitcoin
Basket Currency Could Be the Answer to Hyperinflation, Says Founder of Saga
17.5.2020
Hyperinflation is inevitable and a basket currency together with Bitcoin might be the remedy, says founder of Saga
P2P Bitcoin Trade Volumes and Inflation in Latin America Are on the Rise
16.5.2020
During the last two months since the March 12 crypto market rout, otherwise known as ‘Black Thursday,’ demand for cryptocurrencies seems to be on the rise in certain regions in Latin America. Various reports published this week have noted that countries like Colombia, Venezuela...
Iran Ditches Rial in Hyperinflation Crisis — Bitcoin Demand Rises
10.5.2020
Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging
Bitcoin Acceptance Skyrockets in Venezuela Amid Hyperinflation Crisis
8.5.2020
As Venezuela’s economy continues to endure hyperinflation, more businesses start accepting crypto
Elon Musk and Joe Rogan Discuss Problems With Traditional Currencies
7.5.2020
Tesla founder, Elon Musk, recently discussed current difficulties amid massive U.S. money printing efforts, but failed to mention Bitcoin's inflation-proof model
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...
Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown
4.5.2020
Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation...
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