Tag: inflation

  • Bitcoin

    Bitcoin Halving Will Make it Less Inflationary and Far More Valuable

    The countdown has been ticking for some time now and it is currently 471 days until the Bitcoin block reward halves. This milestone in the evolution of the world’s most popular digital currency will also make it far less inflationary than most of the current central bank’s targets....

    Martin Young | February 8, 2019 | 9:00 am
  • OKCoin
    Crypto

    OkCoin Exchange Launches Operation in Argentina in Conquest of Latin America

    OkCoin, a leading digital asset platform for fiat and token trading headquartered in Beijing, has expanded its operation to Argentina and is about to do the same in other Latin America countries. Instiutional and retail customers are now able to exchange the Argentine peso for any cryptocurrency included...

    Ricardo Esteves | November 16, 2018 | 12:00 am
  • Maduro
    Industry

    Maduro Mandates Venezuela’s Petro to Become Second National Currency

    Facing hyperinflation as well as international sanctions that have brought Venezuela to its knees, controversial President Nicolás Maduro has mandated that his recently-developed Petro cryptocurrency become the nation’s second official currency. Maduro Adopts the Petro as Venezuela’s Second National Currency The news was announced by Maduro in a televised address today, and will...

    newsbtc | August 14, 2018 | 7:30 pm
  • Bitcoin

    Inflation at 8900% Turns Venezuelans to Bitcoin In Record Volumes

    Venezuela, the most hardline socialist country in the American continent, is in a steep crisis in recent years ever since oil prices fell below the $100 area in 2014 down to a third of the price in early 2016. The people are turning to Bitcoin as spiraling inflation destroys...

    Ricardo Esteves | April 20, 2018 | 11:39 am
  • africa
    Bitcoin

    Crypto Surging in Africa as Alternatives to Traditional Banking

    Africa is rarely considered to be one of the larger markets for cryptocurrencies, but with the right factors in place — such as an increasingly tech-savvy populous and inflation triggered by central banks — that might be set to change. Case in point: The surge in popularity of...

    newsbtc | February 18, 2018 | 11:30 pm
  • Worsening Inflation
    Bitcoin

    Worsening Inflation Venezuela Continues Drive Bitcoin & Crypto

    Venezuela is not the most pleasant country to live in right now. Hyperinflation in the region is soaring to new heights virtually every quarter. It does not appear the central bank has any option to solve this platform anytime soon. Things are only getting worse as more time...

    newsbtc | July 31, 2017 | 2:00 pm
  • NewsBTC Venezuela Inflation
    Bitcoin

    Inflation in Venezuela Reaches Alarming Heights

    It is evident the inflation in Venezuela is reaching troublesome heights. The country has been dealing with financial turmoil for quite some time now. Mismanagement of funds and a government incapable of improving things are some of the contributing factors. Bitcoin can make a positive impact in Venezuela,...

    newsbtc | July 22, 2017 | 9:30 pm
  • NewsBTC_SurBitcoin Venezuela
    Uncategorized

    SurBitcoin Suspends Services for the Second Time in One Year

    The leading Bitcoin exchange in Venezuela, SurBitcoin has announced a temporary suspension of its service. The disruption of service, happening for the second time in less than a year is due to the refusal of its banking partner to continue offering banking services. SurBitcoin had issued a notice...

    Gautham | February 7, 2017 | 1:00 pm
  • bitcoin, venezuela

    Bitcoin for Troubled Economies, the Venezuela Example

    Bitcoin has emerged as a savior for many in dire situations. The decentralized nature of Bitcoin, combined with its ease of use and secure nature makes it an ideal alternative for those in troubled economies or cut off from the traditional financial system. The economic condition of Venezuela...

    Gautham | February 4, 2017 | 8:30 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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