The Central Bank of Bolivia is now selling dollars directly to citizens in order to curb what it is calling a speculative attack that has increased the demand of the population for foreign currency. T...
Tag: devaluation
The Devaluation Run in Emerging Markets Is Just Getting Started
(Bloomberg) — A fresh round of IMF bailouts is underway, and some of the world’s most indebted nations will have to sacrifice their currencies to get them. Most Read from Bloomberg The year has ...
What If Congress Gave Every American $1 Million?
The title of this week’s opinion piece is a question that frequently comes up on the matter of inflation. As readers of these columns know well, the view here is that we presently do not have an infla...
Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission – Economics Bitcoin News
According to the International Monetary Fund (IMF)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluat...
Stablecoins Used to Fight Devaluation and Inflation in Latam – Coinotizia
According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic ...
Stablecoins Used to Fight Devaluation and Inflation in Latam – Emerging Markets Bitcoin News
According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic ...
Bank of America Economist Predicts 20% Devaluation of the Nigerian Currency in 2023 – Economics Bitcoin News
A Bank of America economist, Tatonga Rusike, has said the Nigerian currency is overvalued by as much as 20% and will likely be devalued in 2030. The remarks by the economist came just days after the c...
Crypto Analyst Warns Bitcoin Could Witness Massive Devaluation As Equities Markets Print Fresh 2022 Lows
A closely followed crypto strategist and trader is issuing a warning to Bitcoin holders that BTC could witness a big capitulation event amid weakness in the stock market. Pseudonymous trader Cantering...
Decentraland Price Analysis: MANA Token Closes Selling Deals, Buyers Want Relief From Devaluation
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34$349 million devaluation for Bitcoin mining company Riot
Riot Blockchain (RIOT) is by far one of the largest publicly traded Bitcoin miners in the world. Bitcoin miner Riot: market-driven devaluation It has a market capitalization of over $1.2 billion, but...
Chileans Shields Inflation and Peso Devaluation Using $USDT & $USDC
Chile has played successfully in maintaining a stable economy in the last few decades. But back in may 2020 the economy contracted by 5.8%, the sharpest decline since 1982. The slump in the economic g...
Shiba Inu price analysis: SHIB suffers devaluation at $0.00001054
Today’s Shiba Inu price analysis displays a bearish movement in the market, and the market moves towards a negative direction, declining the price of SHIB significantly. After that, however, the cost ...
Fed forgets long-term dollar devaluation when pricing eggs in BTC
The St. Louis Federal Reserve stirred up a mix of amusement and curiosity from the crypto community on Tuesday, May 7, after publishing a post showing how the cost of eggs in Bitcoin (BTC) has fluctua...
Ray Dalio Warns of 1930s-Style Currency Devaluation, Says Bitcoin (BTC) Is Part of His Portfolio
Billionaire hedge fund veteran Ray Dalio says that the global financial landscape is now in an environment where investors need to ask what money really is and that a “digital gold” like Bitcoin (BTC)...
LINK suffer price devaluation in the last 24 hours
The ChainLink price analysis for April 25, 2022, reveals the market following a bearish movement, obtaining significant negative momentum, signifying a loss of positivity for the LINK market. The pric...
ChainLink price analysis: LINK suffers extreme devaluation at $11
The ChainLink price analysis for May 1, 2022, reveals the market following a bearish movement, obtaining significant negative momentum, signifying a loss of positivity for the LINK market. The price o...
ChainLink price analysis: LINK suffers devaluation at $12.7
TL;DR Breakdown ChainLink price prediction appears to be bearish. The strongest resistance is present at $18.5. The trading price of ChainLnk is $13.2. The ChainLink price analysis for April 25, 2022,...
Crypto ownership on the rise amidst fiat currency devaluation
A new survey from US cryptocurrency exchange Gemini shows that 2021 was a huge year for new entrants into the crypto market. Fiat debasement and high inflation are reasons for the flight of wealth int...
Shiba Inu price analysis: SHIB suffers devaluation at $0.00002771
TL;DR Breakdown Shiba Inu price analysis is bearish today. Strong resistance at $0.00003567. Trading price of SHIB is $0.00002768. Today’s Shiba Inu price analysis reveals a bearish movement in the ma...
BabyDoge Price Analysis: Range Fallout Hints 15% Devaluation In BabyDoge Price
The ongoing retracement has tumbled the BabyDoge price by 47% from the January 17th high($0.0000000635). Over the past three weeks, the bears took a short break consolidating in a narrow range. On Feb...
VeChain price analysis: VET suffers devaluation at $0.052
TL;DR Breakdown VeChain price analysis is bearish today. The strongest resistance is present at $0.079. VET currentlytrades at $0.052. The VeChain price analysis shows that the price of VET/USD has fo...
Ethereum price analysis: ETH enters devaluation region at $2,398, prepares to decline further?
Ethereurm price analysis is bearish today. The strongest resistnace is present at $3,669. Ethereum currently trades at $2,398. Ethereum price analysis for January 28, 2022, has demonstrated solid bear...
Solana Price Analysis: SOL/USD suffers devaluation at $143
TL;DR Breakdown Solana price analysis is bearish today. Strong resistance present at $182 Solana trading price is $143 The Solana price analysis is bearish today as we expect the fatigued bulls to con...
Solana Price Analysis: SOL/USD endures devaluation at $149
TL;DR Breakdown Solana price analysis appears to be bearish. The strongest resistance is present at $201. The strongest support is present at $151. The Solana price analysis appears to be following a ...