Cryptocurrency News
Federal Reserve Chairman Jerome Powell’s recent acknowledgment of cryptocurrency’s staying power as an asset class in the U.S. economy carries significant implications. Firstly, his statement indirectly suggests that cryptocurrency can potentially serve as a hedge against inflation, given its durability as an asset class. By recognizing the lasting presence of […]
Inflation is something that most people do not associate with Bitcoin or most other crypto assets. In the case of Ripp;e’s XRP, however, it appears that the supply suffers from inflation, which may be why its price is decreasing. The XRP price has taken a significant drop in recent months. […]
Cryptocurrencies are often praised for having a fixed supply cap and moving away from inflation. Stellar, one of the top alternative crypto projects, initially planned to embrace inflation. Different cryptocurrency projects will maintain unique approaches to their coin issuance model. Stellar Inflation Backfires Somewhat In most cases, there is a […]
Inflation is a very problematic financial situation which is often underestimated. Anyone who never had to deal with such a problem can’t fully grasp the consequences. In the case of Venezuela, things continue to grow progressively worse. The country is dealing with an inflation rate of 62.5, which is absolutely […]
Since its January 15th mainnet launch, Grin began trading momentarily above US$250, fell all the way to $2.50, climbed up to $15, and fell once more below $7. All eyes have been on this exciting project, and speculators across the space are itching to know: where does it go next? […]
It is a commonly (but not universally) known fact that the ultimate supply of Bitcoin is capped at 21 million. Unfortunately the same cannot be said for the Venezuelan Bolivar, which is going through a period of currency debasement every bit as bad as the events in Weimar Germany which […]
The possibilities and ambitions of blockchain are endless and wildly exciting. The emerging tech has huge potential to massively change lives across the globe. However, along with looking into the future, it’s important to keep track of the past and present. It’s often overlooked, but there are already numerous groups […]