Search
Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations
24.11.2020
If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and analysts have been discussing how specifically the United States economy and the U.S. dollar are losing global dominance...
Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation
20.11.2020
CEO Mark Yusko said "zombie companies" left the Fed no choice but to devalue the dollar, prompting investors to turn to bitcoin and gold
How a Massive Devaluation of the Egyptian Pound Inspired a $100M Bitcoin ETP
7.11.2020
Hany Rashwan, CEO of Amun/21Shares, explains how the proverbial bitcoin lightbulb went off when his native Egypt’s currency devalued in 2016
Lyn Alden’s Latest: Why Currency Devaluation Is Inevitable
20.9.2020
This week’s “Long Reads Sunday” reading is from macro analyst Lyn Alden and focuses on the inflation vs. deflation debate in historical context
Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report
10.9.2020
Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June, according to new research by U.S. crypto analytics firm Chainalysis. Altogether, $8 billion worth of crypto was received into the continent and $8.1 billion sent...
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
2.9.2020
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force another devaluation of the local currency to N430/$ next year, according to two Bank of America analysts. Earlier rate adjustments, one in March and another...
Stiffened Regulations, Naira Devaluation Pushing Nigerians to Crypto
19.8.2020
Around the world, the acceptance and utilization of blockchain technology and its underlying cryptocurrencies has become more imperative. With the surge in the number of bitcoin (BTC) and altcoins users, it could be presumed that people are now more aware of the possibility of attaining financial...
Invest 3% in Bitcoin to Avoid COVID-19 Lockdown Devaluation — BitGo CEO
12.8.2020
The U.S. has made a rod for its own back with lockdown, and institutional investors already know it, argues Mike Belshe
12 Platforms Allowing You to Trade Gift Cards With Cryptocurrencies
19.3.2020
In an emergency situation like the current coronavirus pandemic, anything can turn into currency as the fiat system may experience cash shortages and devaluation. Cryptocurrency users have options to trade bitcoin beyond traditional money. A number of platforms will let you exchange...
Dogecoin Faces Temperate Devaluation Which May Lead Towards a Bear Rally
20.9.2019
Since the entire market is suffering from the recent pullback and volatility, the same has been the case with Dogecoin too. However, the recovery is expected to be high based on the past movement in Dogecoin. As per the statistics from the past 5 days, DOGE was initially trading at $0.002578 as...
Huobi Expands Crypto Exchange to Argentina Amid Peso Devaluation
18.9.2019
Crypto exchange Huobi is expanding to Argentina as cryptocurrencies gain acceptance in the region as a hedge against the infamous inflationary peso
Bitcoin Cash Devaluation Continues, Shows No Sign of Recovery
14.9.2019
Recently, some of the BCH developers revealed about a new crypto platform called Honeypoints, which is released for beta testing on Testflight of Apple. This application is created by two former Bitcoin.com developers. They also revealed that this token reward platform is built on the Bitcoin Cash...
Bitcoin Cash Price Remains at $300 Despite 2% Devaluation
11.9.2019
Bitcoin Cash is one of the major coins of the market and like all other coins; it also faced volatility over the last 24 hours. However, the loss of almost 2% could not push the coin below $300. The coin has shown four major price swings in this period and the medium-term outlook of the …
The...
Bitcoin Being Traded At Premium In Crisis-Hit Argentina And Hong Kong, Comes To Rescue From Devaluation
14.8.2019
Bitcoin (BTC) has proven to be of tremendous value in crisis-hit countries, with live examples like Venezuela. The South American country, which had been in socioeconomic and political turmoil, saw accelerating demand for Bitcoin, as it was viewed as a safe asset to park wealth. A similar story...
Currency War Erupts as US and China Bring Out the Big Guns
6.8.2019
What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people...
Why Bitcoin Maximalists Ignore the Value Proposition of BCH
7.7.2019
Some crypto companies keep wilfully ignoring BCH. Let’s compare the coins and see if BCH haters rail against Bitcoin Cash on purpose or simply due to a lack of understanding. Also read: Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up Bitcoin...
‘Don’t Worry We Can Just Print More Money’ – Swedish Central Bank Ponders -1.5% Interest Rate
6.7.2019
At a press conference on Wednesday, the head of the Swedish Central Bank admitted that interest rates could potentially go as low as -1.5%, and quipped that Swedes likely wouldn’t even protest. Other countries implementing negative interest rate policies are producing lukewarm results that...
Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up
2.7.2019
Venezuela is being crushed by staggering hyperinflation as a sharply divisive political crisis has the economy in ruins. Some are seeking refuge in alternatives to the national currency, like foreign fiat and crypto. The situation also calls into question the long-term trajectories of other, less...
Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos
28.5.2019
Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like BTC...