Contrary to initial inspection, recent allegations against Maduro and other Venezuelan brass do not directly involve cryptocurrency.
Inflation News
Inflation is the excessive increase in the amount of money traded which leads to their devaluation. In terms of inflation in cryptocurrency, it is considered to be impossible because of the limited number of Bitcoin that can be issued, so the only thing that can cause inflation of cryptocurrency is the total absence of demand. Besides that, Bitcoin itself can’t be led to inflation by any person or government, as there are no ways to increase supply that will surpass the fixed amount of issued cryptocoins. According to its increasing popularity and demand, the price of cryptocurrency is only going to get higher. Because of hyperinflation in some developing countries, Bitcoin has become a popular way to secure money against inflation.
- Analysis
- Analysis
The Reserve Bank of Zimbabwe proposed a crypto regulatory sandbox amid plans to launch a gold-backed digital currency.
- News
The U.S. Fed has extended repo operations, injecting $1 trillion daily until April, making the crypto space look even smaller.
- News
BitMEX Research suggests that the issuance of the CBDC will lead to inflation as cash will be banned.
- News
by Helen Partz
The recent market crash could be Bitcoin’s biggest opportunity since its creation in 2009, BitMEX says.
- News
The Reserve Bank of Zimbabwe is reportedly working on a regulatory sandbox that would help fintech and crypto companies operate in the country freely.
- News
by Helen Partz
Bitcoin is digital freedom because it allows making the transactions that others don’t want you to make, Blockstream CSO says.
- In depth
by Samuel Haig
Venezuela is leading the crypto peer-to-peer BTC trade market, despite government efforts to drive adoption of its oil-backed cryptocurrency, Petro.
- News
EOS coin holders voted on whether to reduce the inflation from 5% to 1% per year.
- News
Stablecoin project Reserve announced that it will launch a Venmo-like payments app in Venezuela and Angola.
- News
by Helen Partz
Universal Protocol’s stablecoin Universal Euro will be pegged to the euro on a 1:1 basis and will allow holders to earn interest.
- Explained
Debate has been raging on whether cryptocurrencies with a fixed supply are good or bad. Do they increase prices and demand, or stymy spending?
- News
Venezuela has reportedly automatically converted pensioners’ most recent monthly bonus into its national oil-backed cryptocurrency, the Petro.
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