Hyperinflation News

According to official data, Russia’s inflation rate reached 8.1% in October, the highest level in almost six years.

The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.

“Our long-term vision is to create a currency that is stronger than any fiat currency that exists now,” said Reserve community manager Yens Michiels.

The world’s second-largest cryptocurrency crossed the $4,700 mark following Bitcoin's rally.

The U.S. dollar index reached its lowest levels in three weeks on Oct. 19, triggering a rising wedge pattern.

Rising jobless claims in the U.S. sparked sell-offs in the dollar market. On the other hand, Bitcoin held onto its intraday gains.

Data on Friday showed core personal consumption expenditure in the US surged to 3.42% year-over-year for the first time since 1991.

Analysts anticipate Bitcoin to continue its recovery rally above $40,000 on bets of increasing anti-inflation, but a looming death cross could spoil the upside outlook.

Mercado Libre’s move to accept cryptocurrency payments for real estate could usher in a new way of crypto mass adoption in South America.

Global stablecoin adoption and uncontrolled hyperinflation in Venezuela and Argentina have helped push Reserve Rights to a new all-time high.

Ricardo Salinas Pliego breaks down his Bitcoin investment thesis.

Strategic investor Lyn Alden says the 2020 macroeconomic environment is extremely favorable to Bitcoin.

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.