Hyperinflation News

Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging.

Tesla founder Elon Musk recently discussed current difficulties amid massive United States money printing efforts, but failed to mention Bitcoin's inflation-proof model.

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.

Colombian startup Valiu has launched its ‘cryptodollar’ — Bitcoin-backed synthetic USD that Venezuelans can use for payments and remittances.

Venezuela announces oil-backed cryptocurrency called the ‘Petro’ following massive Bitcoin adoption, devaluation of the Bolivar.

Zimbabwe, facing massive hyperinflation turns to Bitcoin - prices soar on local exchanges.

Bitcoin accomplishes what central bankers cannot: a stable and powerful economic system. It’s no wonder they hate digital currency.

Hyperinflation and virtually free electricity in Venezuela has led to an increase in Bitcoin mining operations.

Low cost electricity and hyperinflation are two main reasons why Venezuelans turn to cryptocurrency mining.

Bitcoin has all the potential to enhance economic opportunities in Bolivia as the fastest-growing South American economy.

Ukraine is currently experiencing the worst period of hyperinflation in the world as the government has imposed capital controls to stop its citizens from dumping the Hryvnia. This can potentially make cryptocurrencies the only viable safe haven for the embattled country’s population.

What will a Greek or Spanish exit look like for the European Union and what will be its implications for the global economic picture?