Category: inflation

Report: Venezuela Converts Pension Bonuses into State-Issued Crypto Petro

Venezuela has automatically converted pensioners’ most recent monthly bonus into its national oil-backed cryptocurrency, the Petro (PTR), according to a…

Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value

Nicolas Maduro’s move to increase the price of the petro, the country’s oil-backed cryptocurrency designed to counter inflation, has sparked…

Stablecoins Demand More Trust than Fiat Currency

This article about the problem with stablecoins was written by Kevin Murcko, the CEO at cryptocurrency exchange, CoinMetro, and forex…

Cointext Launches Bitcoin Cash SMS Wallet in Argentina and Turkey

Cointext began offering its new SMS-based bitcoin cash wallet service on Oct. 15 in Turkey and Argentina, two countries in…

Bitcoin Hits $24,000 In Iran After Government Okays Mining

The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions…

This website uses cookies.