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73% of Argentines Say Cryptocurrency Best for Saving in Economic Crisis: Survey
29.8.2020
A survey of Argentina’s citizens shows that 73% believe cryptocurrency is the most effective saving method in the current economic crisis, such as to hedge against high inflation. Strong Crypto Sentiment in Argentina Global peer-to-peer (P2P) bitcoin marketplace Paxful released the results...
Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation
29.8.2020
On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time. Fed Chair Jerome Powell’s speech was considered a “major policy shift” and a number of economists...
Federal Reserve’s Major Policy Shift to ‘Push Up Inflation’ Could Send Bitcoin Price to $500K
28.8.2020
The U.S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change. Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves into the cryptocurrency to hedge...
Fed Chair Powell’s Flexible Inflation Views Were Already Priced In
28.8.2020
Federal Reserve Chair Jerome Powell did not raise many eyebrows Thursday morning when he announced the U.S. central bank would encourage some periods of inflation above its 2% target in certain circumstances to boost the long-term economy
First Mover: Binance’s Shrinking Trading Spreads and Bitcoin’s Jackson Hole Fizzle
28.8.2020
Traders are getting better fills due to shrinking bid-ask spreads on Binance and other cryptocurrency exchanges. It's a sign of a healthy market
Winklevoss Brothers Say Bitcoin Could Reach $500K as the ‘Only’ Long-Term Inflation Hedge
28.8.2020
"Bitcoin is ... the only known commodity in the universe that has a deterministic and fixed supply," the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000
As Gold Prices Soar, Two Gold-Backed Tokens See Increased Demand Fetching Premiums
28.8.2020
The last few months have bolstered the price of the precious metal gold as governments worldwide have created tremendous amounts of debt and inflation. For instance, the value of gold per ounce jumped over $2k during the first week of August. Meanwhile, similarly to the physical counterparts,...
Blockchain Bites: What Rising Inflation Could Mean for Bitcoin and the US Dollar
27.8.2020
Bitcoin is a tool to avoid police extortion in Nigeria, centralized social media is being censored amid Thai protests and what Powell's address means for bitcoin
Bitcoin Pops and Drops After Powell Introduces Average Inflation Targeting
27.8.2020
Bitcoin whipsawed on Thursday after the Federal Reserve’s chairman signaled tolerance for high inflation, as expected
Bitcoin price hits $11.6K as Fed says it will let inflation pass 2%
27.8.2020
Loosening of inflation handling boosts Bitcoin in line with expectations that the Fed would inadvertently support safe havens with its decision
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...
Powell’s Coming Inflation Speech May Weigh Over Dollar and Boost Bitcoin: Analysts
25.8.2020
The Federal Reserve chief is expected to bolster expectations of inflation in a keynote Thursday. That may be bad for the dollar but good for bitcoin
How Much Should We Fear Post-Crisis Debt or Inflation? Feat. Adam Tooze
24.8.2020
An economic historian and one of Foreign Policy’s “Top Global Thinkers of the Decade” discusses post-COVID-19 global economics and politics
Canadian Software Startup Puts 40% of Cash Reserves Into Bitcoin
24.8.2020
Graphic-design software firm Snappa described Bitcoin as "a far superior savings technology."
Turkey Residents Panicking Over Massive Inflation
19.8.2020
Turkish are losing faith in its local fiat currency, with confidence in the lira falling 20% this year
What’s Actually Happening With Inflation Right Now
17.8.2020
The numbers are all over the place and the narratives are even more complicated, so what’s the real story with inflation?
Former Prudential Financial CEO George Ball Says Now Time to Buy Bitcoin
17.8.2020
Former Prudential Financial CEO George Ball is advising wealthy investors to acquire bitcoin because it is the only asset that cannot be undermined by the government. Ball made the comments while discussing adjustments that investors need to make to their portfolios. Now CEO at Sander Morris...
$6 Billion Akon City Underway: Akon Says Cryptocurrency Will Empower Africans
16.8.2020
The construction of Akon City, the $6 billion futuristic city that will function solely on the akoin cryptocurrency, is underway. Akon says cryptocurrency will empower Africans to overcome hurdles, such as high inflation and government corruption. Akon City Will Be Like ‘Wakanda’...
Why Cryptocurrency Is More Than a Hedge Against US Dollar Inflation
15.8.2020
Precious metals used to be the best way to protect your portfolio from natural value deterioration, but Bitcoin is changing the game
Abra CEO Explains Why It's Bitcoin's Time to Shine
13.8.2020
With expectations of further U.S. dollar inflation, why would people hold cash?